After a brief period earlier this year in which the spread between WTI and Brent had vanished, the difference between the two oil benchmark prices has widened once again. For…
The vast global network of energy infrastructure is, for all intents and purposes, a living, breathing organism. And like other organisms, it’s full of vulnerabilities. Across all sectors and at…
Oil prices lost about half their value between June and February, and now there’s a debate over whether there’s a second price drop in our future because of a persistent…
Back from Asia, Colombia and parts in between. And the news is coming fast around the resource universe. Like in the uranium sector. Where one of the world's key producing…
Remember Wolverine Oil, when early bird investors got staggeringly rich on this wildcatter which hit a discovery missed by the supermajors and ended up pumping 1.1 million barrels of oil…
The plunge in oil prices has been felt dearly by the top hydrocarbon-producing countries, with all experiencing deep losses in revenue that in better times, provides…
China is in the midst of a historic transformation, and the surprising progress the country has made at energy efficiency has raised hopes that the world…
It’s truly amazing how much fracking is mis-understood, especially to the degree that emotions run so wildly rampant. Take OPEC member, Algeria, for example. Two weeks…
The Propaganda War Over Ukraine There’s an intense propaganda war raging now over Ukraine. The old saying applies: "Truth is the first casualty of war." Neither…
For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will exceed…
"Fracklog” is the latest term running around the oil world, a new game that oil producers are playing to try and outlast temporarily depressed oil prices.…
Longtime, regular readers with the memory of an elephant may remember an article that I wrote in May of last year. That piece suggested that even…
Introduction Marine vessels offer the cheapest and easiest way to transport goods around the world. There are an estimated 50,000 container ships moving goods from point…
Politics, Geopolitics & ConflictYemen’s oil-rich Marib province is the likely next target for takeover by Houthi militants…
Crude OilMay Crude Oil futures were under pressure most of the week driven by concerns over huge…
World oil demand increased by 1.1 million barrels per day in February. This is a potentially important data point that suggests a crude oil price recovery sooner than later. It…
Oil production levels are finally starting to decline after months of depressed prices. New data from North Dakota shows that the state’s oil output fell…
Despite the popular narrative that we keep hearing, the U.S is not running out of crude oil storage. Yet there are those who are predicting that…
Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for…
Everything, so they say, is relative. Over the last two weeks, as WTI crude oil prices have turned tail and once again dived back below $50/Barrel,…