I've talked before about the significant mining potential of one of the world's pariah states--Iran. And news last week suggests that big investors are starting to catch on. At least…
In a documentary that aired recently on the Canadian Broadcasting Corporation’s popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described growing…
One of the greatest foreign policy blunders of the Obama Administration was the push by the U.S. for economic sanctions against Russia. That led to Russia fleeing into the arms…
In the past few weeks I have received numerous questions about the role of a “drop in demand” in the oil price decline. These questions are driven by many stories…
The latest OPEC Monthly Oil Market Report is out with OPEC production data for. The data is “Crude Only” and does not reflect condensate production. Also the charts, except…
The combination of Western sanctions and the collapse of oil prices is exposing deep structural problems in Russia’s economy, and it is showing the petro-state model of governance developed by…
The major news story breaking in the oil space today is the passing of Saudi Arabia’s King Abdullah and the succession to the throne of King…
Thursday’s ECB announcement from Mario Draghi gave everyone in the stock market continued hope – with 60b Euros of bond buying power, the stock markets both across the pond and…
As some may be aware, I spent nearly twenty years making a living in a dealing room. Contrary to what many believe, those who are paid to trade are, in…
The U.S. oil and gas rig count continues to fall – having plummeted by 74 rigs for the week ending on January 16 – in a clear sign that…
Politics, Geopolitics & ConflictYemen Shi’ite Houthi rebels in Yemen have taken over the presidential palace in the capital Sana’a after negotiations over a power-sharing deal with the government…
Crude Oil Outlook Crude oil futures began the week in a position to rally based on the technical chart pattern formed the weak-ending January 16, however, there was no follow-through…
The death of Saudi Arabia’s King Abdullah made international headlines on January 22, raising questions about the future of the Middle East. News of his death briefly rattled the…
Several hours ago Saudi Arabia announced that its 91-year-old King Abdullah had passed away, in the process setting off what may be a fascinating, and problematic, Saudi succession fight which…
Brazil is dealing with one of its worst droughts in years, causing the city of Sao Paulo to suffer through rolling blackouts. Blistering heat and scant rainfall have depleted reserves…
In his penultimate State of the Union address – and first before a Republican-dominated Congress – President Barack Obama declared that the US is ready to “turn the page.”…
Japanese novelist Haruki Murakami was so consumed by running he combined two of his loves to write a book called ‘What I Talk About When I Talk About…
Uncertainty about the immediate future seems to permeate most societies around the world. Few look far beyond the immediate. But what is now being put in place with the current…
Following a meeting of the EU foreign ministers in late December 2014 the European Union High Representative for Foreign Affairs and Security Policy Federica Mogherini stated, “Iran is not only…
Big reports emerging in the oil space this week. Showing that the recent fall in oil prices is spurring some major project shuffling from the world's leading firms. The company…