The greatest gift to shareholders of a vast array of global oilfield services (OFS) firms in the past 20 years has been the entry of storied industrial giant General Electric…
With the election of Donald Trump as President, forecasters and analysts are dashing to determine how his policies are likely to affect global energy. It’s likely that his measures will…
Much has been made about President-elect Donald Trump’s plans to dismantle environmental regulations and streamline regulations that could lead to the construction of more pipelines. But there are…
Just before 3am on Wednesday morning, news broke that Donald Trump would be the 45th President of the United States. The announcement has both scared and excited Americans but regardless…
The Brexit vote has not shaken up forecasts for North Sea oil and gas production, according to BMI Research, but a successful second bid for Scottish independence could slash output…
The era of the mighty U.S. major oil industry is coming to an end as the country’s largest petroleum company is in big trouble. While ExxonMobil has been the most…
It'd be easier if I were an expert in something other than energy – that'd make the forecasting of which stocks will benefit under a new Trump administration so much…
Given what we know from the seemingly eternal Presidential election campaign it would seem that the answer to the question “What does Trump’s election mean for energy?” is an obvious…
Friday November 11, 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…
Politics, Geopolitics & Conflict • Oil prices remained stable on the news that Donald Trump won the presidential vote in the U.S. So, now is the time to reflect on…
December WTI Crude Oil futures posted a two-sided trade this week as investors reacted to the traditional fundamentals and to the election of Donald Trump as president. After a one-day…
In its third-quarter report, Exxon warned it might have to write off 4.6 billion barrels of oil and oil equivalent from its proved reserves if international prices remain at…
• WTI traded in a bearish pattern once again this week taking out last week’s low print and settling $43.41 on Friday following an IEA report with bearishly adjusted supply/demand…
Oil prices headed lower on Friday after the latest OPEC report indicated significantly higher Iranian oil production. (Click to enlarge)
Despite today’s turbulent markets and less-than-appealing oil prices, North American drillers seem to be continuing to slowly but steadily ramp up the number of active rigs in production by the…
Happy Friday! What a tumultuous week it has been (the first day seemed like a week, and the second day seemed like five days). The trifecta of monthly reports from…
“Things are moving, and it is hard, but we are on the right track” – PEMEX CEO Jose Antonio Gonzalez Anaya During a conference call outlining the company’s five-year plan…
Dear President-Elect Trump, There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy…
Various OPEC members have been busy looking for ways to get all members of the cartel to agree to a production cut, but outside the spotlight, as it turns out,…
Politicking for the U.S. presidential election is now behind us, so I thought I would write about something that’s more predictable – like oil market demand. Reflecting on the world’s…