Low oil prices continue to take a toll on oil producers in the Middle East. The latest sign of trouble comes from Moody’s Investors Service, which cut its…
Thirty-one years after Michael Jordan was named Rookie of the Year in the NBA, and supply outages are ensuring that a rally is a slam dunk for oil today. Here…
Oil markets are only a few months away from a much closer balance as demand holds steady and supply drops off. Several reports from the three…
The Chinese slowdown did more than drag down its own economy, it singlehandedly created financial tremors throughout the global financial markets. With consistent growth rates well…
Fracking in Oklahoma, as well as elsewhere, has been on the decline, thanks to the oil price slump. Quakes, however, are continuing at alarming rates. A…
The East Texas Basin, a rather large Jurassic-Aged basin containing a number of hydrocarbon-bearing formations stretched across the northern part of East Texas and West Louisiana,…
For a long time, a common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to…
(Click to enlarge)Currently, less than half of the EU’s gas demand is…
In April, oil prices significantly increased by around 20 percent. In particular, Brent opened at $38.69/b and closed at $47.32/b (monthly high, $48.50/b), while WTI opened…
Macroeconomic investors in financial products such as oil futures contracts speculate on commodity pricing trends. Because their participation in markets is purely financial, speculators, notably hedge…
Imagine a fossil-fuel independent world where those who don’t want to give up their road autonomy drive electric cars, while those who need to get from…
Baker Hughes published the latest oil rig count today—and although not surprising, the news that the oil rig count fell for the eighth straight week…
Many investors have started to jump back into the oil sector in recent weeks based in large part on the slow upward grind in oil prices.…
It is, I’m sure, puzzling to a lot of people that after hearing so much news supportive of oil prices this week WTI has failed to…
Friday, May 13, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
Politics, Geopolitics & Conflict • For foreign oil companies, all eyes are on Brazil—and what comes next now that President Dilma Rousseff…
This week can best be described as a “yeah, but…” week. As in “yeah, there are wildfires in Canada helping to cut output by 1 million…
When looking at this week’s key data for the oil and gas industry, we see a modest draw in U.S. crude stocks, and stagnating gasoline prices…
While oil bulls were delighted by Wednesday’s DOE news of an inventory drawdown refuting the prior day's API news of a major build, what was ignored…
And it’s an exciting end to an eventful week in the oil market on this Friday the 13th. In fitting fashion, crude was screaming lower earlier,…