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Rakesh Upadhyay

Contributor since: 18 Jan 2016

Rakesh Upadhyay

Biography

Rakesh Upadhyay is a writer for US-based Divergente LLC consulting firm.

Latest articles from Rakesh

  • Shell’s Ambitious Plan To Topple Exxon

    Published 22 June 2016 | viewed 10,674 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 12,702 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 32,016 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 6,784 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 13,858 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 28,658 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 28,758 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 11,549 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 19,644 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 7,695 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 11,358 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 12,438 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 68,456 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 11,067 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 23,876 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 31,407 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 13,584 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 7,926 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 68,702 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 14,136 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…

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