Rakesh Upadhyay

Latest articles from Rakesh

• Shell’s Ambitious Plan To Topple Exxon

  Published 22 June 2016 | viewed 12,969 times

  Ben Van Beurden, Chief Executive Officer of Royal Dutch Shell has laid out an ambitious plan to overtake ExxonMobil as the number one oil company…

• Inventory Drawdowns Won’t Boost Oil Prices

  Published 20 June 2016 | viewed 16,374 times

  During the next three months, various analysts expect crude oil inventory drawdowns to increase, providing support to crude oil prices. However, post-September, inventory build-up is…

• Hedge Funds Betting On $100 Oil

  Published 15 June 2016 | viewed 35,573 times

  Options traders expect oil prices to rise above $80 per barrel and reach close to $110 per barrel within the next four years, according to…

• Will This Commodity Rebound Continue?

  Published 15 June 2016 | viewed 8,937 times

  Since touching multi-year lows at the start of the year, many commodities are now on a rebound. The strong rally in a few commodities such…

• Oil Refining Capacity Set To Surge, But Can It Boost Oil Prices?

  Published 13 June 2016 | viewed 19,050 times

  A fresh wave of seasonal oil demand is expected to be unleashed when the global refining capacity increases to 101.8 million barrels per day (mb/d)…

• The Oil Futures Market Tells Us The Glut Is Over

  Published 08 June 2016 | viewed 35,186 times

  According to consulting firm McKinsey, the current oil futures market is pointing to a coming balance between demand and supply—a balance which has the potential…

• Why Did Natural Gas Prices Just Rise 25% In Two Weeks?

  Published 07 June 2016 | viewed 37,528 times

  Natural gas prices have run up phenomenally since the June contract expired on 26 May at $1.963/mmBtu. The natural gas prices touched an intraday high…

• Does Iran Have The Upper Hand In OPEC Oil War

  Published 05 June 2016 | viewed 17,384 times

  Traditional rivals, Saudi Arabia and Iran, continue to fight to prove their supremacy in OPEC. Neither gives up an opportunity to hurt the other, whenever…

• Why $50 Oil Makes Sense

  Published 02 June 2016 | viewed 23,675 times

  Crude oil’s fundamentals don’t support further gains from here. Oil markets are currently near an equilibrium, and the situation is likely to continue, unless the…

• The U.S. Might Soon Lose Its No.1 Position In Petroleum Production

  Published 01 June 2016 | viewed 9,556 times

  In 2015, the U.S. was the largest producer of petroleum and natural gas hydrocarbons in the world by a wide margin, according to U.S. Energy…

• Would Regulated Oil Prices, Argentine-Style, Help U.S. Shale?

  Published 25 May 2016 | viewed 15,909 times

  U.S. shale oil companies are filing for bankruptcy at an alarming rate, whereas, their counterparts in Argentina are having a gala time. When the U.S.…

• Is OPEC A U.S. National Security Threat?

  Published 23 May 2016 | viewed 15,758 times

  Republican Kevin Cramer from North Dakota is cosponsoring a bipartisan bill that will set up a commission to probe whether OPEC has used unfair means…

• How The U.S. Dollar Influences Oil Prices

  Published 22 May 2016 | viewed 111,025 times

  Crude oil has reached a critical technical level, which is likely to test the resolve of the bulls to push prices higher. The bulls have…

• Shareholders Outraged At BP, Shell CEO Pay Packages

  Published 19 May 2016 | viewed 13,780 times

  The massive revolt against the pay of BP’s chief executive, Bob Dudley, where almost 60 percent of the shareholders rejected the £14m (US$20 million) pay…

• What Does The Next OPEC Meeting Have In Store?

  Published 18 May 2016 | viewed 33,448 times

  The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran…

• Can Oil Prices Hold Onto Gains At $50 Per Barrel?

  Published 17 May 2016 | viewed 38,285 times

  For the past few weeks, maintenance, sabotage, wildfire, strikes and rebel attacks have added to supply-side disruptions, as shown in the chart below. So now,…

• Why Jim Chanos is Shorting the Oil Majors

  Published 16 May 2016 | viewed 19,720 times

  Famous short seller Jim Chanos is shorting oil majors Royal Dutch Shell Plc and Chevron Corp, according to Bloomberg. He is operating under the belief…

• This Oil Major Seeks To Drive Solar Innovation At Qatar 2022

  Published 03 May 2016 | viewed 12,422 times

  After acquiring the second-largest solar company in the world, global energy giant French Total SA is seeking to set up a solar business in Qatar…

• Why Oil Prices Will Likely Drop Below $40 Soon

  Published 02 May 2016 | viewed 78,892 times

  The 70 percent rise in crude oil prices from the lows of $27.1 per barrel to a high of above $46/b in a matter of…

• Why Iran’s Shale Oil Discovery Won’t Add To The Glut

  Published 02 May 2016 | viewed 17,014 times

  Mohammad Reza Kamali, Director of the Center for Exploration and Production in Iran’s Oil Ministry, announced a new shale oil discovery in the Lorestan Province…