December Natural Gas futures rallied to its highest level since July 1 before posting a dramatic and potentially bearish closing price reversal top on the daily chart on September 22.…
• OPEC leadership’s discussion of its upcoming meeting dominated oil market headlines this week and helped lead a $4 rally from Monday through Thursday in WTI from $42.55 to near…
Oil prices fell fast on Friday afternoon after Saudi Arabia claimed that "doesn't expect any decision" next week at OPEC’s unofficial meeting in Algiers.
This week Baker Hughes reported that two additional oil rigs went online in the United States, making it the fourth straight week of increased oil rigs, and 13 straight…
Crude prices are selling off, aided by Saudi comments that a decision will not be forthcoming from next week's OPEC meeting in Algiers. Add to this news that the Federal…
It’s been an eventful week in oil. With reports from top producer Saudi Arabia showing record August production of 7.622 million barrels per day — weighing on market sentiment. And…
Having suffered massive oil revenue shortages and budget deficits since the oil price collapse in 2014, Russia and Saudi Arabia have now agreed to cooperate on stabilizing the oil market.…
Qatar always wanted to punch above its weight. In Syria, it got the chance. In 2009, Qatar, a leading natural gas producer, approached Syria about routing its planned 1,500…
For many oil companies, the current downturn in oil is a back-breaker, but some have adapted to the falling prices and are fighting each day to survive and benefit from…
It all looked so promising: Saddam Hussein is overthrown, post-war Iraq needs help with getting back on its feet, and foreign oil companies are quick to respond. The Middle Eastern…
The classic Wall Street trader is dead. For decades, or even centuries, the professional investment markets were characterized by smart individuals buying and selling stocks, bonds, currencies, and commodities based…
After being surprised by the voracity of the weekly oil inventory draw yesterday, oil prices have been rallying ever since. Today a move higher is being further encouraged by a…
The following three titles caught my eye during the past two weeks: “Oil, gas sector continues to look bleak”, “Indonesian oil, gas firms rely on foreign loans for exploration” and…
Iraq has succeeded in ramping up oil production by more than 1 million barrels per day over the past two years, a remarkable achievement for a country that was torn…
The investment picture keeps getting bleaker for the world’s most hated commodity. Coal. This week saw another slew of investors officially back away from coal funding. Led by South Africa’s…
The last couple of years have been tough for international oil companies operating in Nigeria: depressed prices and a wave of militant attacks on infrastructure in the Niger Delta have…
There is a strong possibility that OPEC disappoints the oil markets in the coming days, offering either no production limit or a toothless agreement that may not even be finalized…
This week, the International Court of Justice will hear a border dispute case pitting the neighboring – and generally neighborly – states of Somalia and Kenya against each other…
The charts look terrible. In the ruthless court of equity markets, the verdict is clear: The energy business – whether oil, gas, coal, solar, wind, nuclear, clean-tech or no-tech –…
Amidst Tesla’s recent bad press, Chief Executive Officer Elon Musk prepares for another big week of news. It has been reported that the Prime Minister of India has given Musk…