Petroleo Brasileiro, Brazil’s state-owned, heavily indebted oil giant, has closed the sell-off of its Argentinean business to local Pampa Energia for US$892 million and its…
Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields within…
One hundred and seventeen years after the birth of Fred Astaire, and the oil market is getting its groove on – facing the music and dancing…
Trade between Russia and China in the first quarter of the year grew 3.6 percent on the year, to $14.2 billion. A senior CNPC official has confirmed that the…
In a surprise move, Saudi Arabia sacked its long-time oil minister over the weekend, an event that illustrates the near-total control that the new young…
Last week’s resignation of Turkey’s Prime Minister Ahmed Davutoglu has marked one more stepping stone in President Recep Tayyip Erdogan’s path to authoritarian rule. Erdogan has…
In late April, Russia was left standing at the alter in Doha, as Saudi Arabia walked away from a production freeze deal, leading the negotiations to…
Baker Hughes recently published its International Rig Count. This rig count is at the end of April. It does not include the U.S., Canada, any…
Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia's longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes next and how this development…
Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed bin…
Two hundred and thirty-one years after Joseph Bramah patented the beer-pump handle, and the oil market is looking a little frothy once more. Canadian wildfires continue…
A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the fallout…
It's always the ultimate test when trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…
Politics, Geopolitics & Conflict • Libya is facing an intensified threat to its oil as east and west continue in a standoff…
Like many of the higher-risk assets, energy-related markets posted a top at the end of April and started a decline the first few days in May. Without any major events…
The latest survey by the Federal Reserve among senior loan officers has revealed a pessimistic picture. Banks operating in the U.S. are still skeptical about…
As the Keystone XL saga made clear, Alberta has had trouble getting its oil and gas to markets outside of the province. That trouble continues for…
With the market capitalization of the coal industry down 94 percent since 2011, one question has to be paramount on the minds of all investors…
It's always the ultimate test on trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…
There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The…