August started off on a dour note for crude oil, with prices tanking by around 5 percent on August 3. A slew of negative news…
After another turbulent week in the Chinese stock market, we are left with no clearer picture on how sound the financial system is in the…
Oil prices continue to defy even some of the most pessimistic expectations, with WTI falling substantially below $50 per barrel, dropping near $47 on July…
A top Gazprom official met with European regulators this week to discuss the antitrust case the EU is bringing against the Russian gas giant. Gazprom’s…
WTI dipped briefly dipped below $50 per barrel on July 20 for the first time in months. The bear market is inflicting a lot of…
The bear market for oil continues. The historic deal with Iran has sparked a lot of speculation about how much Iranian oil will come back…
After months of speculation and anticipation, Iran and the P5+1 nations finally reached a historic agreement on its nuclear program. The deal puts limits on…
It has been an eventful week. Two major financial crises are destroying the bullish case for oil. The Greek crisis continues, although there are signs…
We had warned over the past few weeks that there was an outside chance that the Greek crisis would infect oil markets, and over the…
The big news from the U.S. this week was new data that showed that the weekly rig count…actually increased. That’s right, after 29 consecutive weeks…
Brazil’s Petrobras has slashed its capital spending program for the next five years, cutting it by 37 percent in an effort to stop the hemorrhaging…
In a move that will reverberate throughout the country, the local Lancashire County Council in the United Kingdom rejected a permit for a shale gas…
The Greek debt crisis is coming to a head as negotiators from Greece and its European creditors meet in Brussels for a last-ditch emergency meeting.…
Iran is reportedly readying a collection of contract terms that it thinks will be very attractive to international oil companies weighing whether or not to…
The oil glut is having a knock on effect on natural gas drilling across the United States. The U.S., the largest natural gas producer in…
Last year may have been a “watershed” moment for world energy consumption. That assessment comes from BP’s (NYSE: BP) just released 2015 Statistical Review, which…
The Group of 7 (G7) nations met in Bavaria on June 8, and pledged to rid the global economy of fossil fuels by the end…
Unless you have been living under a rock, by now you have read that OPEC has decided to leave its production target unchanged. A widely…
With oil prices wobbling above and below $60 per barrel, US shale drillers now face a quandary. Many in Texas and North Dakota could profitably…
The EIA released fresh weekly data this week that solidified a trend underway in the US. Oil inventories posted their fourth weekly decline, falling by…