We’ve entered the twilight zone in oil, where rumors and financial moves in outer markets are affecting oil and the stocks we’ve accumulated, making trading these markets not…
While the oil and gas industry has had its share of ups and downs over the past decade, many financial institutions are banking on a very slow…
Saudi Arabia’s Capital Market Authority (CMA) on 18 August issued new rules allowing foreign investors to buy shares directly in initial public offerings (IPOs). The change is part…
Even as oil is starting to climb out of the crater it created over the last year, numerous oil companies are still in severe distress. Recovery in the…
The United Kingdom has just approved the world’s largest offshore wind farm, the Hornsea Two project. In contrast to the delays and suspicions raised over Britain’s nuclear…
We’ve entered the twilight zone in oil, where rumors and financial moves in outer markets are affecting oil and the stocks we’ve accumulated, making trading these markets not…
I am generally a mild mannered person, but there are certain things about financial markets that frequently make me mad. Some talking heads from big banks or funds…
Friday, August 19 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 • South Sudan is determined to ramp up its oil production and by November start exporting fuels to neighbor Ethiopia. The announcement…
Crude oil and gasoline futures are set to finish the week in strong positions as investors continue to bet on a positive outcome from talks regarding a production…
• After 3-4 weeks of waiting for oil to drop convincingly below $40 for a buying opportunity we seem to have missed the boat on this rally. We…
Oil prices staged a strong rally on Thursday, moving up 3% for the sixth straight day of gains. Brent hit an eight week high on news that the world’s biggest…
The United States oil and natural gas rig count increased by 10 over the past week, according to Baker Hughes latest weekly report. The new numbers mark the first…
As we truck on into the weekend, oil has turned lower after six consecutive days of rallying. (Only another 5.5 weeks until potential freeze talks in Algeria...). Later…
U.S. oil majors ExxonMobil, Chevron and Hess will bid jointly in the upcoming deepwater oil and gas tender planned by Mexico. The auction, which will take place…
Last week Saudi Arabia’s Oil Minister said that the large number of short positions on crude have caused prices to fall, even though the market is already…
Oil has finally found a strong bull in Savita Subramanian, commodity strategist at BofA Merrill Lynch, who believes oil will rally to $54 a barrel by this year-end…
Saudi Arabian crude exports rose in June to near-record-high levels, even as the country used less petroleum to generate electricity than the same month in 2015, according…
The Iraqi government has resumed pumping oil from fields operated by the North Oil Company through a Kurdish pipeline that runs through Turkey, according to remarks from…
Bolivia, one of the poorest countries in Latin America, has began shipping lithium to China in what is considered the first step towards fulfilling its ambitions to becoming…