After devastating Houston and other parts of southeast Texas and continuing on to Louisiana, the hurricane known as Harvey put a spotlight on the rising role of the Gulf of…
As Hurricane Irma nears Florida, everyone is in a rush to fill up their tanks. About 40 percent of the gasoline stations in the Miami-Fort Lauderdale region are now without fuel. Floridians…
China’s strategic interest in Iran is intensifying. Chinese manufacturers are looking to establish new operations in Iran, and Tehran is viewed as a vital transport and logistics hub. Iran is…
Last week, I wanted to give you a firm go-ahead signal to target and buy oil stocks. This week, we’ve already done fine in following that advice. For now, I…
For me, shorting Tesla (TSLA) is like crack or heroin for some people…I know it is dangerous and I really shouldn’t do it, but at times the urge overtakes me…
Friday September 8, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
OPEC Deal “Has No Impact” on Crude Oil Market Russian Rosneft CEO Igor Sechin on Friday stated that the recent uptick in oil prices had nothing to do with curbing…
Crude oil traders have responded in almost textbook fashion to the news that the refineries in the Texas Gulf Coast area are being brought back into service after last week’s…
- Crude oil flat price, spreads, refining margins and product spreads all mean-reverted this week as PADD III refineries came back on line to the tune of roughly 2m bpd…
As Hurricane Irma approaches Florida, oil prices have fallen again while the WTI/Brent spread has grown wider. (Click to enlarge)
The number of active oil and gas rigs in the United States rose this week by 1 rig. Baker Hughes Rig Count last week was largely unchanged as well,…
Optimism among oil traders seems to be rising based on Brent calendar spreads, according to Reuters market analyst John Kemp. He notes in a recent column that said spreads…
Hurricane Irma has prompted the shutdown of at least two oil storage complexes in the Caribbean, with a combined capacity of 18.6 million barrels, S&P Platts reports. One of…
The oil majors issued a vote of confidence for the North Sea in recent days, citing precipitous declines in the cost of production, which they say will revive the region’s…
Russian Federation Pres. Vladimir Putin September 6, 2017, began taking the initiative to control the “crisis” over North Korean strategic weapons, because Russia had more at stake in resolving the…
The most abundant element in the universe—hydrogen—has been attracting less attention than it deserves on the clean energy stage, with batteries of all sorts stealing the spotlight. This may be…
New Chinese investments are working to transform a small fishing village in Oman into the country’s new industrial center, according to a new report by Reuters. The city receiving…
Hurricane Irma is more powerful than all of the other major Atlantic storms this year combined, and it has an eye as large as the entire Detroit metro area. It…
Chinese Foreign Minister Wang Yi announced on Thursday Beijing’s support for punitive action against North Korea for its recent ballistic missile tests over Japan. The United States has proposed an…
Uranium prices continue to hover at multi-year lows, currently going for $20 per pound. But some global buyers see an opportunity in the current market crisis. With one of the world’s…