The major news from the week is Royal Dutch Shell’s (NYSE: RDS.A) decision to scrap its Arctic drilling program. The future of oil development in the U.S. Arctic depended heavily…
Despite dark clouds hanging over the commodity complex, crude prices are rebounding thus far after yesterday’s clobbering. We have had quite the data deluge overnight, led by a late-month flood…
Recently, Bloomberg reported that Iran’s oil minister had spoken with Mexican officials with regard to stabilizing the oil market. Iran claims that, if OPEC decides to more actively manage…
Germany has long been a pioneer in the field of renewable energy, generating a record 78 percent of its power consumption from renewables in July of…
Commodities investors had been riding on momentum for years and with a diminishing supply of the product coming from producers, prices seemed destined to keep rising for the foreseeable future.…
Arctic Drilling in the U.S. is dead.After more than eight years of planning and drilling, costing more than $7 billion, Royal Dutch Shell announced that it is…
Venezuela is facing a severe economic crisis, one that could get worse before it gets better.Venezuela’s GDP is expected to contract by a staggering 9.1 percent this…
While it is a quiet start to the week on the economic data front, the crude complex is having a boisterous beginning. Oil is charging lower…
Alaska is trying to pivot towards liquefied natural gas as oil production continues to slowly decline. Alaska’s Governor Bill Walker announced a special session of the legislature, set to…
Volatile oil prices and rising greenhouse emissions are contributing to increasing interest in alternatives to the conventional internal combustion engine-based cars, and auto makers like Mitsubishi,…
Amid all of the stock market volatility in recent weeks an enormous amount of attention has been focused on the energy sector and the daily volatility in that group. And…
Around the world, businesses act overwhelmingly in favor of not only removing all sanctions on Iran, but keeping them off irrespective of the Joint Comprehensive Plan…
I'd like to follow up today on several stocks that I know interest you and have interested me in the past. My readers know the stocks I currently recommend, but…
Okay, I will freely admit that I’ve tried this before. To somebody trained to look for contrarian plays, bottom fishing for a stock like Petrobras (PBR) is just too tempting,…
Low oil prices are cutting into the balance sheets of oil companies all around the world. That presents difficult decisions for operators who must decide how to correct their falling…
Politics, Geopolitics & ConflictWhere you should be worried about things in the global oil patch:• Egypt: Everyone’s gotten used to the terrorist attacks in the North…
Fundamental AnalysisNovember Crude Oil futures are in a position to finish flat to slightly lower this week, however, the chart pattern suggests that momentum is building to the…
Iran announced a decision to push back a key oil conference where it had planned to reveal new contracts for doing business in Iranian oil fields. The London conference,…
It might not be immediately apparent -- but the global mining sector just changed forever.That's not because of a technical advance or a major discovery (yet). But rather…
Winning and losing is largely a matter of perspective, and that’s no different in today’s low oil price environment. Still, certain data and metrics can provide…