So much for last night's lower than expected API build, DOE data shows a massive build compared to the 3.95 mm barrels expected: • *CRUDE OIL INVENTORIES ROSE 10.30 MLN…
Most of the publicly traded upstream oil & gas company share prices have moved up off the lows they set in December and January as crude…
Energy exports from Russia, in the form of coal, oil, natural gas and uranium, continue to flow unimpeded, despite Western efforts to damage the Russian economy…
The Mexican government has unveiled much-anticipated offers for offshore acreage in the Gulf of Mexico for oil exploration. In this second phase of “Round One” auctions,…
America’s leading investor, Warren Buffett, gave a wide-ranging interview to CNBC in which he gave a fitting explanation of why his company, Berkshire Hathaway, sold all…
Value per barrel is a completely hopeless way of putting a price on an oil company or project; but (as with democracy and political systems) unless…
Are oil prices heading for a double dip? The surge in shale production has produced a temporary glut in supplies causing oil prices to experience a…
Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because…
In medieval courts, the legendary question was, “Who advises the king?” In Washington we ask this very real question, “Who’s advising him?” Washington believes in advisers, who are often the…
No longer able to bet on itself, Russia hopes to make it easier, and more attractive, for others. The Ministry of Natural Resources and Ecology (MNR)…
While North American drivers are seizing the day at the pumps with unbridled enthusiasm, the oil and gas industry is in trouble; but this nimble junior…
Oil’s rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those…
No matter how much oil the United States produces over the next few years, it will never become the next Saudi Arabia in the global oil…
A report from the National Academy of Sciences concluded that experiments in blotting out the sun in order to reduce the amount of the sun’s…
On Wednesday, Feb. 25, EU Energy Commissioner Maros Sefcovic presented an Energy Union proposal to supply Eastern Europe with gas from domestic sources. This draft document,…
Thursday morning saw a tremendous spike in share prices of the two biggest deepwater drilling rig owners, Transocean (RIG) and Seadrill (SDRL). After so many months…
Long term subscribers and those with a long memory may remember that back in August of last year I wrote a piece on coal stocks. At…
As activist investing in the oil and gas industry metamorphoses from a growing trend into a situation that is starting the rule the day, investors and…
Politics, Geopolitics & Conflict Al-Shabaab Reaches for Stature The Somali militant group Al-Shabaab—pushed back in Somalia largely by African Union (AU) forces and forced to regroup—has…
Technical and fundamental factors weighed on crude oil late in the week, which could be signaling support has been pulled from the market. On Thursday, sellers…