Everyone knows it has been a rough few years to be an oil investor, and an even tougher few years to be an investor in anything related to…
“Electric utility stocks are overstretched.” That’s the way Wall Streeters talk. They mean, “Electric utility stock prices are too high,” which is a polite way of saying that…
To paraphrase Dickens, it is the best of times, it is the worst of times in the oil patch. Two major mergers in the last six months appear…
Liquefied gas cylinders are a common household fixture in some parts of the world. They are a convenient way of getting natural or petroleum gas for cooking purposes…
Once again, broader markets are maintaining a risk-on stance, with a falling dollar helping to usher crude prices higher. With weekly inventories bringing focus back to U.S. fundamentals…
In a sign that the U.S. shale industry could spring back to life, one of the top Texas shale companies expects to grow both production and its rig…
A major bombshell broken by the Guardian newspaper this week, shows that something may have been amiss with a 2009 ExxonMobil oil bid in Nigeria — where the…
The latest inventory report by the American Petroleum Institute injected some optimism into crude oil markets, suggesting that U.S. stockpiles fell by as much as 3.9 million…
There has been a lot of pessimism among oil investors in recent months, and indeed the bear market over the last couple of years in black gold has…
The imminent departure of Great Britain from the European Union has sent shockwaves through global financial markets. Upon learning the news of the referendum on June 23, the…
Natural gas prices are on a tear, and every small dip is being aggressively bought by the traders. Technically, the current rally should rise to the next resistance…
The UK’s decision to leave the European Union sparked turmoil in financial markets around the world at the end of last week, but stocks rebounded on Tuesday…
We begin with a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have…
Goldman Sachs has rejected analysts’ opinions that the global oil market is recovering, noting that while it expects a “modest” deficit in the coming months based…
Dean has shared his estimates for Texas Oil and Natural Gas output. Texas (TX) C+C output was revised lower by -10, -17, -22, -18, and -52…
After the bloodletting across energy commodities, equities and various currencies in recent days, today is the day we have a relief rally, with markets seeing an…
Very surprising news yesterday from one of the world’s most important — and most difficult — mining jurisdictions. The platinum-rich nation of Zimbabwe. The big revelations…
Oil prices fell again on Monday after last week’s rout following the Brexit vote, deepening the losses and killing off a multi-month oil price rally. There…
A major part of the fall in oil prices last year was driven by concerns over the rising production levels of Iran. With nuclear sanctions in…
The rig count matters. Saying that it doesn’t is like a realtor saying that location doesn’t matter. Rigs Don’t Produce Oil The holiest mystery of shale…