Latest Articles

The Death Of U.S. Shale Has Been Greatly Exaggerated

The current year marks the 15th anniversary of the U.S. shale boom, a period in which fracking technology across such states as Texas, Colorado, New Mexico, North Dakota, and Wyoming helped establish the nation as a top oil and gas producer. Unfortunately, high costs of production compared with conventional drilling has led to the sector consistently printing red ink and resulted in … [Read More...]

China Ramps Up U.S. Crude Oil Imports

China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of supercheap U.S. crude. But the buying spree may be about to end. This month alone, China could import between 867,000 bpd, according to Reuters' Refinitiv data, and 900,000 bpd, according to … [Read More...]

Speed and Affordability: Cost of Internet Access Over Time

One of the fastest-changing areas of technology is internet access with "5G" currently being implemented across the country.   Not only are Speeds going up, usage is going up, and with the current pandemic, it has become a lifeline for many. Interestingly, although speeds are continuously increasing, costs are not. Overall, the trend is towards the decline, allowing people to get more for their … [Read More...]

Latest Financial Trends

New Technologies in the Oil and Gas Industry

Whether you’re a potential investor or someone who’s making a living in the oil and gas industry, the number of new technological advances in this industry is accelerating. Here are a few of the changes that are coming down the pike. Utilizing Robots and Autopilot Vehicles These two things are making a huge difference in every aspect of the modern world, and the oil and gas industry is no … [Read More...]

Oil Majors That Bet Big On Renewables

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy, the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. An analysis of … [Read More...]

Oil Demand Impacts Foreign Exchange Rates

To say that the past year has been an extraordinary period for the global oil market would be an understatement. Entering into 2020, oil was still feeling the impact of the late 2019 drone attack by the Yemeni Houthi movement, on a Saudi Aramco oil processing facility. In early 2020, oil prices were also highly volatile in the aftermath of the killing of Iran’s Qasem Soleimani and then Saudi … [Read More...]

2020 Pandemic Bankruptcy Statistics

It’s no surprise to any that have lived through the recent COVID-19 pandemic that the economy has suffered greatly. Individuals who relied on their weekly paycheck found themselves out of work for months and waiting on unemployment checks. Businesses have found themselves unable to employ workers and produce the amount of products and services they’re used to. Recently, there have been a number of … [Read More...]

Saudi Arabia Eyes Total Dominance In Oil And Gas

Saudi Arabia's Energy Minister Prince Abdulaziz recently claimed that the Kingdom will be the world's biggest hydrocarbon producer "even" in 2050. "I can assure that Saudi Arabia will not only be the last producer, but Saudi Arabia will produce every molecule of hydrocarbon and it will put it to good use … It will be done in the most environmentally sound and safe way and the most sustainable … [Read More...]

4 Investments Making Waves in the Technology Sector

Innovation in the technology market gives rise to important investment opportunities. It only makes sense that new, useful technology improves lives, and people want to ride the wave of profits that come from the demand for such tech innovations. However, with technology always changing, it can be difficult to know which technologies provide investors with an opportunity to reap huge returns on … [Read More...]

Mutual Funds

A mutual fund pools money from many individuals and/or corporations to purchase investments. Mutual funds have many advantages over buying individual securities. The major advantages of mutual funds are diversification, liquidity, and professional management. Diversification Diversification is a way of spreading your funds in order to reduce risk. In common terms, this would be "not having all … [Read More...]

Bulls Beware: A Dark Cloud Is Forming Over Oil Markets

The following article by Alex Kimani originally appeared on Oilprice.com and has been reprinted by permission. ~ Tim McMahon, editor. Dark Cloud Forming Over Oil Markets Bullish sentiment appears to have returned to the stock markets with a vengeance. In a historic rally that has taken even die-hard bulls by surprise, the S&P 500 has managed to claw back all of its 2020 losses, taking just … [Read More...]

Oil Goes from Zero to $35 in a Month, But is it Enough?

Will U.S. Shale Survive If Oil Stays Below $40/barrel? Within a month, the U.S. oil benchmark West Texas Intermediate recorded two first-of-a-kind events. First, it fell below zero on April 20. Then, it soared up so quickly it is about to book its best month ever, CNBC's Pippa Stevens noted in a recent commentary. Still, many analysts and other observers remain wary of any premature … [Read More...]

Top 5 Reasons Why 5G Will Change the Finance Industry 

What is 5G? For years they have been talking about "the Internet of Things" (IoT) we've already seen the internet connecting to thermostats, refrigerators, home security systems, etc. But in order to have the bandwidth necessary to connect all the things you want to connect they need 5G to handle the load. According to Qualcomm, "5G is the 5th generation mobile network... 5G enables a new kind … [Read More...]