Article Archive | Page 1407

Jan 16, 2015 at 16:18

The recent decline in oil prices has been devastating to the government coffers of some of Latin America’s oil-dependent countries, including Venezuela, Colombia and Ecuador. But seldom mentioned is that…

Jan 16, 2015 at 16:11

No doubt most in Russia are wishing for a rapid rebound in the oil price and a significant recovery in the value of the ruble. Unfortunately, neither seems likely anytime…

Jan 16, 2015 at 16:02

The persistent drop in oil prices is prompting more oil-rich OPEC countries to revise the projected revenues in their coming budgets. Already, Saudi Arabia, the world's largest producer of oil…

Jan 16, 2015 at 15:52

The North Dakota Industrial Commission is out with the Bakken November Production Data and the North Dakota Production Data.Bakken production…

Jan 16, 2015 at 14:11

  Following five straight days of losses, U.S. stocks made minor gains Friday morning in light of the shock news coming from Switzerland which has market experts scratching their…

Jan 16, 2015 at 13:12

Calling a bottom in oil is a fool’s errand. What’s more important here is in trying to gauge how oil will trade AFTER it finds a bottom. And that isn’t…

Jan 16, 2015 at 13:09

I have said in past weeks that I believe the mid-40s would provide support for WTI prices, and so far that has been the case. There has hardly been a…

Jan 16, 2015 at 13:04

Egypt sits at a strategic crossroads, positioned between Africa, the Middle East, and Europe. From the Roman era right up through the 20th century, control for Egypt has been the…

Jan 16, 2015 at 12:54

Deals, Mergers & Acquisitions • Mexico's state-run Pemex is in talks with the US Commerce Department to import 100,000 barrels per day of light crude to raise Mexico's gasoline production…

Jan 16, 2015 at 12:49

With U.S. production levels remaining steady and OPEC not showing any signs of letting up on its current daily production output, investors may have to turn to technical analysis to…

Jan 15, 2015 at 16:55

2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A…

Jan 15, 2015 at 16:47

The recent collapse in oil prices has taken pundits and oil producers by surprise. It was only six months ago that prices were over $100/bbl and at that time they…

Jan 15, 2015 at 16:38

As oil companies around the world scramble to slash capital expenditures amid falling oil prices, Brazil’s major oil company is being assaulted on multiple fronts. Already the most-indebted and least…

Jan 15, 2015 at 16:28

President Obama is correct when he says there are few US jobs created by Keystone XL and that it provides little energy security or economic benefit for the US which…

Jan 15, 2015 at 16:19

A few days before the New Year, the Parliament of Ukraine was quite busy, trying to adopt the Budget and Tax Reform package initiated by the Government. Among other measures,…

Jan 15, 2015 at 15:55

In this article, I explain why falling oil prices didn't affect Tesla or EV sales last year and why, up to a point, they are not likely to do so…

Jan 14, 2015 at 15:35

On Monday the Keystone XL pipeline project crossed another hurdle when legislation approving construction of the proposed line to connect Canadian oil sands crude with Gulf Coast refineries was passed…

Jan 14, 2015 at 15:24

The spread between two key oil benchmarks vanished for the first time in over a year and a half. On January 13, WTI briefly traded higher than Brent crude,…

Jan 14, 2015 at 15:14

The EIA has just released their Short-Term Energy Outlook for January. They have now included their predictions for 2016. Here is what they expect for US C+C. I have…

Jan 14, 2015 at 14:58

Removing consumer fuel subsidies amid collapsing oil prices could prove wrong-way bet for many nations.Oil prices worldwide are collapsing on an unprecedented scale, most recently below $50 per…