Oil Prices Running Out Of Reasons To Rally?

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from … [Read more...]

Move Over Oil – Lithium Is The Future

Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass power storage would be so voracious, and so sudden. Today, no one is … [Read more...]

The Truth About the Russia-Saudi Oil Deal

If you follow the oil news, you've probably heard about the OPEC oil deal between Russia and the energy ministers from Saudi Arabia, Qatar, and Venezuela. When the news was announced Oil prices jumped. But if you think this deal actually means … [Read more...]

Russia Cries Uncle on Oil

Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening? In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC's dominant member, has … [Read more...]

60 Reasons Why Oil Investors Should Hang On

Inventories will continue to rise, but the momentum is slowing. The following are some observations as to how we got here and how we're gonna get out. 9 Reasons Why Oil Has Taken So Long to Bottom: 1. OPEC increased production in 2015 to multiyear … [Read more...]

Will Oil Prices Rebound in 2016?

Days ago oil was trading at cyclical lows of below $28/barrel but as of this writing it has rebounded over 14% to close the week above $32. Is this a sign of a bottom or merely a respite on a move to $5/barrel as some are predicting? The … [Read more...]

Are Low Crude Oil Prices a “Boom Or A Curse” For The World Economy?

As the chart to the left shows, in the period from 2002 until 2014 the U.S. moved from 3rd place to 1st place in world crude oil production. This is primarily due to the improvement in "fracking" technology which has led to the massive increase in … [Read more...]

Strippers Suffering From Low Oil Prices

With Prices Below $50, what is a stripper to do? With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. … [Read more...]

ISIS, Turkey And Oil – The Bigger Picture: Interview With Pelicourt

As the terrorist attack in Paris sparks worldwide fear of similar reprisals and a bloody shootout and hostage situation in a five-star Mali hotel exacerbates those concerns, global energy security reels under the pressure of unfathomable geopolitics. … [Read more...]

Saudi War Of Attrition With Russia’s Oil Industry

Russia's central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been … [Read more...]