I don’t wish to boast (who am I kidding, of course I do), but in these pages I suggested that oil would move up around three weeks ago…
Friday, September 2 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…
Politics, Geopolitics & Conflict • Iraq has warned it might start exporting crude via Iran, if negotiations with the Kurdistan Regional Government (KRG) fail. The negotiations were prompted…
A combination of events help drive crude oil prices sharply lower this week. On September 1 alone, prices fell over 1 percent, putting the market in a position…
• WTI fell from $47 to under $43.40 through Thursday this week with help from a strong USD, growing fatigue among market participants about OPEC’s production ceiling talk…
Oil prices rebounded strongly on Friday on comments from Russian President Vladimir Putin. A rising U.S. rig count couldn't keep oil from rallying.
The number of active oil and gas rigs in the United States increased by eight sites this past week, which marked the return of modest growth in…
Happy Nonfarm Friday! After selling off strongly so far this week, oil prices are mustering a bounce into the holiday weekend, encouraged higher by an underwhelming employment report…
The latest chapter in the oil production freeze chatter saw Russia and Saudi Arabia issuing remarks about a possible deal, but while the Saudi foreign minister said that…
Hundreds of thousands of protesters took to the streets in Caracas on September 1, demanding the removal of Venezuelan President Nicolas Maduro. Estimates peg the number of protesters…
I’ve written a lot over the last few months about a tiny island emerging as one of the world’s best spots for natural gas production. The eastern…
Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are tough, and that…
Even if it’s a fossil fuel, natural gas burns cleaner than coal. Even if it has been hardly feasible to transport it long distance and overseas in its…
In a sign of just how competitive the rebounding energy market could become, private equity firms are jumping into the rebounding Texas market. As retail investors weigh the…
It has become perfectly clear by now that Russia is putting a lot of effort into building its relationship with Iran, focusing, of course, on its oil and…
Expectations for the success of the upcoming OPEC meeting in Algeria continue to seesaw, with comments from top officials from member countries continuing to alter oil market sentiment.…
As we move into September, the return of oversupply fears are clobbering the crude complex lower, with gasoline leading the charge. With Nonfarm Friday on deck tomorrow, bringing…
OPEC’s crude production increased by 40,000 bpd in August over July to a record-high in recent times, with Saudi Arabia likely setting a fresh output record, according to…
The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment…
There are many players looking to enter the oil markets thanks to the raft of deals available as the oil price crash appears to be over. For the…