oilprice

As I have said many times in the past in these pages there are two basic types of analysis for anything traded, fundamental and technical, and the best trades are when they both suggest the same thing. Usually, because I generally adopt a “top-down” style, the fundamental case comes first, and is then confirmed by […]

After defaulting on debt, Venezuela’s crisis continues to unfold, threatening to worsen the state-owned oil company’s production. PDVSA reportedly told employees that they needed to carry out an austerity campaign, looking for ways to cut costs by 50 percent. The internal memo said that savings needed to be found amid the “national economic emergency” while […]

Achieving a level playing field is sometimes all in the eye of the beholder. You see, an ongoing issue that has perplexed both oil and natural gas investors and shareholders alike has found its way into the advisories I’m providing to my global investing clients here in Paris. It involves the ability to value actual assets […]

A pacified Syria is key to the economic integration of Eurasia through energy and transportation connections… Vladimir Putin, Recep Tayyip Erdogan and Hassan Rouhani will hold a summit this Wednesday in Sochi to discuss Syria. Russia, Turkey and Iran are the three power players at the Astana negotiations – where multiple cease-fires, as hard to […]

Bitcoin’s surge in popularity has sent the network’s electricity consumption soaring. And while using the electricity is not necessarily a problem when building the largest immutable ledger that has ever existed, it is important to know where that power comes from and how we can make it more sustainable. It is estimated that bitcoin mining […]

During President Trump’s visit to China, the U.S. signed US$250 billion worth of potential trade and investment deals that would boost American exports to China and Chinese investment in the United States.   The two single largest potential deals were signed in the energy sector at the official U.S.-China Business Exchange, which took place on […]Read More

This time last year, Iraq was asking OPEC to be exempt from the oil production cuts because it desperately needed revenues to fund the fight against Islamic State. Iraq failed to win the exemption, while Libya and Nigeria succeeded in convincing the cartel that they should not be restricted to pump as much as they […]

A week out from the OPEC meeting, everyone is assuming a rollover of the production cuts for an additional nine months will be a simple formality, putting the limits in place until the end of 2018. But what if such a scenario fails to materialize? What if the cuts are for a shorter duration, or […]

Forschungszentrum Juelich researchers with American Oak Ridge National Laboratory scientists have now successfully observed with nano-scale precision how deposits form at the iron electrode during operation. A deeper understanding of the charging and discharging reactions is viewed as the key for the further development of this type of rechargeable battery to gain market maturity. Iron-air batteries […]

The potential result of November 30th’s OPEC meeting is dominating oil trading and oil stocks for the next week, so while we continue to digest our Thanksgiving turkey and wait for that outcome, there are three important macro ideas I want to bring to you during the slow trading week to come. First is about […]

Friday November 24, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look.1. U.S. gasoline […]Read More

WTI prices got a serious boost this week after TransCanada shut down the Keystone pipeline following a leak of 5,000 barrels in South Dakota. The leak could not have come at a worse time for the Canadian pipeline builder and operator: just three days after the leak Nebraska’s regulatory authorities removed the last hurdle standing […]