When I last wrote about the global supply of oil, it was back in October, as the fall in oil prices was developing. Since then the price has continued to…
Iranian President Hassan Rouhani says he intends to reach a deal with West and end years of sanctions despite the objections of a “few” opponents who use their country’s crippled…
The Lima climate talks have just ended. Predictably, no substantive agreement was reached. The nations of the world agreed for the umpteenth time that climate change needs to be fixed…
Falling oil prices are the newest wrench in the Fed’s decision making, but the effect might seem counter-intuitive. Since the Fed’s last meeting in October, oil prices have fallen 25%.…
Ukraine’s bid to rid itself of its dependence on Russian energy just took a huge hit. Chevron announced that it was pulling out of a deal that it made…
As a consumer of oil, you may regard recent sharp declines in the world oil price as a blessing. But... If you work in the oil industry, you will not.…
OPEC Secretary-General Abdullah al-Badri is urging the cartel’s 12 members to maintain production and exploration despite a lower demand for oil. Yet al-Badri told an energy conference in Dubai on…
West Texas Intermediate sold for $105 a barrel at the start of July, but ended last week at $58. The most important factor has been surging U.S. production. But…
The North Dakota Industrial Commission just published their Bakken Monthly Oil Production Statistics and also their ND Monthly Oil Production Statistics.
With so much talk swirling about the current oil price drop, I feel compelled to focus less on the rhetoric and more on the data. So the vibe of this…
Even with oil prices hitting five-year lows, Mexico has decided to move forward with its historic auction of offshore oil tracts. President Enrique Pena Nieto followed through on a 2012…
Oil cartel OPEC decided not to cut output in a meeting on November 28, despite repeated pleas by members Ecuador and Venezuela to do so. Two weeks after the meeting,…
To many observers, OPEC’s refusal to cut production and thus shore up oil prices was the beginning of a price war with the United States so that Saudi Arabia, the…
Concerns about energy security have shot to the top of the political agenda in Europe. But the US has no intention of letting the EU down. “The United States will…
Energy-poor Turkey stands to benefit from Moscow’s surprise decision to drop the $45-billion South Stream natural gas pipeline project, analysts say. At the same time, it raises questions about…
Urgent Note: This week, our analyst Dan Dicker provides key insights into the companies now considered to be the walking dead in the energy space. The debt burdens…
One steady reader of mine has questioned my recent analysis: While being positive on oil up until the break below $82, I’ve now become one of the most negative in…
Attempting to pick the bottom of oil’s move down has so far proven to be an expensive game for energy investors. The $60 WTI level that we are rapidly approaching…
Introduction As 2014 draws to a close, the oil markets are in free fall, leaving energy investors with few good options. Oil prices are now at five-year lows with no…
Politics, Geopolitics & Conflict Somalia has invited Soma Oil and Gas, ExxonMobil, Royal Dutch Shell, BP and Chevron to explore oil and gas resources in the country. Soma Oil and…