In a move that surprised most analysts, Citigroup (C) announced that the bank's CEO Mr. Vikram Pandit has resigned with immediate effect. The surprise announcement "raises tremendous questions" according…
The price oil sands producers receive fell to $48 a barrel below the international benchmark after a $4.50 or 21% widening to $25.00 of the spread between the price…
The last time WTI (Dec Crude Oil) was here, and by here I mean $86.50 was July 2nd on it's way up to $100. ON JULY 2nd, 2012:
The battle for control of the Middle East, part of which is being fought today in Syria, and that this past weekend many fear has spread to engulf neighboring Lebanon,…
Renewable energy, currently a Republican object of derision and attack on the Obama administration in next month’s U.S. presidential election, may have found a most unlikely ally.Saudi Arabia.
Halloween starts earlier and earlier every year. Cobwebs on restaurant doorways, skulls on bank counters, when it’s still weeks away. Evidently there are plenty of inner ghouls with lots of…
Crude oil prices invariably hinge on two factors for the medium term: Turkey-Syria relations or the lack of it and the Iran issue.EU leaders think that Iran has…
On March 14, I shredded the natural gas components of the government’s Blueprint, a document that spelled out its energy policy, because it relied on the existence of…
A new, inexpensive catalyst for hydrogen fuel cells could put platinum out of business, say researchers who’ve developed an alternative out of cobalt, graphene, and cobalt-oxide.Brown University chemist…
The world’s next multi-billion barrel oil discoveries could potentially be found off the coast of Ireland, according to research specialist Alliance Bernstein.Analyst Oswald Clint says that the waters…
This past ( June – September ) rally, is over. Oh, there will likely be another mini-rally to test the $1,800 high, but I would not recommend participating! The reason…
For the article I will be highlighting Energy companies that are undervalued based on their PEGY ratio. For a little background the PEGY ratio, it is simply the PE ratio…
Energy: Crude oil has competed a 61.8% Fibonacci retracement losing almost 2.5% today trading under $86/barrel for the first time since mid July. I advised clients to book profits on…
Peaks and Troughs ProgressionLight sweet crude oil formed a lower minor low and may form a lower minor high. The intermediate trend is towards lower prices. The crude oil…
If one looks at the trend of EU sovereign credit default swaps over the last four months, one cannot help it but assume that the worst is over. The ECB’s…
Risk, like everything else, is relative. So, relatively speaking, Iraq is open for business and certainly a more attractive investment than, say, Libya—in part because it’s easier to see what’s…
You are not alone if you think it's odd that Canada--the world's ninth largest exporter of crude oil and petroleum products and the main supplier of oil imports to the…
The American Petroleum Institute said poor economic performance was pushing demand for petroleum products downward in the United States. Meanwhile, a survey published Monday by the Pew Research Center finds…
On Wednesday I noted that encouraging more U.S. oil production was unlikely to result in a significant drop in U.S. retail gasoline prices. Nevertheless, I believe that there would…
Following the announcement of the US Federal Bank's intention to begin a third round of quantitative easing in mid-September, the global price of gold skyrocketed. With prices already beginning to…