2016

Russia Cries Uncle on Oil

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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 long insisted OPEC (read Saudi Arabia) would not reduce output to balance supply and demand absent corresponding cuts from non-OPEC members (read Russia), while Russia has consistently insisted harsh climactic conditions prevent Russian producers from reducing output and in any case Russia insists it could withstand low prices as well as any other country. January 27, however, Russia announced, in a roundabout way, its willingness to cut

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Why Europe is Going to Get a Lot Worse Before It Gets Better

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Here’s what you will learn:

How Europe’s biggest economies are screeching to a halt
Currency devaluation’s role in the developing global crisis
How the self-reinforcing aspect of deflation is already apparent in commodities trading
Why the top 1% of earners are in for a rude awakening
The hair-raising future for U.S. stocks

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60 Reasons Why Oil Investors Should Hang On

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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 highs, principally in Saudi Arabia and Iraq where production between the two added 1.5 million barrels per day (mb/d) to inventories after the no cut stance was adopted.

2. Russian production increased in 2015 to post Soviet highs.

3. Long planned Gulf of Mexico production began coming on in late 2015.

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Will Oil Prices Rebound in 2016?

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In today’s article, we have an interview that Oilprice.com recently did with Carl Larry, Director of Oil and Gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to get his thoughts on the state of oil in 2016. Mr. Larry has spoken at oil conferences around the world as well as been a contributor to CNBC, CNN, Bloomberg and PBS. From APPEC in Singapore to OPEC in Vienna, his views and insight into the oil markets are highly regarded. Experience in the industry has covered financial funds to commercial producers to physical trading shops. His specialties include hedging presentations and training, trading strategy and forecasts, speaking engagements on oil forecasts and macro oil economics, and consulting for C-level management in Oil and Gas.

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