Tesla shares have plunged to…
Not since the Cold War…
Israeli authorities claimed to have…
Here it is, in one monumental and telling graph – the point on energy you must remember:
Chesapeake Energy (CHK) is one of those companies that just don’t seem to be able to get out of their own way. They have been dogged by controversy over the…
The oil markets woke up at the end of the summer of 2014 realizing that there was not as much demand out there as they thought. Suddenly, the world is…
Geopolitical & Conflict UpdatesUkraine• Ukraine has only about 20% of its oil demand filled at this time, with only 2 of its 6 refineries operating. Typically…
With crude oil and crude oil-related stocks exhibiting nearly free-fall characteristics, unless you’re willing to play the short-side after an almost three month sell-off, this week it may be best…
BP today was found grossly negligent in its connection with the 2010 deepwater horizon disaster. It is a most surprising result and will continue to hang over the head of…
I am not one to baffle with overly technical analysis when it comes to charts. To me, the more obvious the pattern or point is, the more useful it is.…
In a few weeks’ time, the oil in the North Sea could suddenly be under the sovereignty of a new country. Scotland is pushing for a referendum on…
Regulations & ComplianceA new real estate law in Egypt will require companies to pay taxes on oil fields. The law was amended in late August, but criteria are…
The price action by Exxon Mobil (XOM) puts this stock on the radar this week. This market is significant because it is a major component of the S&P 500 Index…
In a recent column, I proposed a ‘super spike’ in oil prices – implying a super opportunity continued to exist in the exploration and production oil companies, particularly because they’ve…
I have been contributing here for about six months and in that time I have covered most aspects of the energy markets, with one glaring exception. Not once have I…
Competition between exporters of liquefied natural gas is heating up. In fact, the competition is getting so fierce, that suppliers are actually beginning to see their advantage erode – buyers…
Geopolitical/Conflict DevelopmentsIraqi Oil UpdateIraqi government forces have reportedly thwarted another attempt by the Islamic State (IS) to take over the Baiji refinery in northern…
Weekly Crude OilOctober crude oil futures continued to consolidate on the weekly chart after…
In 2005, Goldman Sachs oil analyst Arjun Murti wrote of an oil “super spike”, with prices reaching $200 a barrel. Murti was amazingly prophetic with that call, as oil topped…
I am, as regular readers may have gathered, somewhat of a contrarian by nature. I put that down to nearly twenty years in currency dealing rooms around the world, where…
The U.S. is burning coal at a slower rate, due to cheap natural gas and environmental restrictions on air pollution. With utilities unable to justify weighty investments in pollution control…
Regulatory AlertsA new tax law granting tax credits to oil companies appears to have survived a close referendum battle on Wednesday, with partial vote counts in showing that…
The price action late this week in the three major futures energy markets: crude oil, gasoline and natural gas, suggests the summer sell-off may be nearing its end. Keep in…