Oil prices have been swinging up and down seemingly without reason. This volatility will continue in the short term, but the foundation for...
After a hefty rise of 46.9% for the month through close last Friday, WTI crude fell for two consecutive sessions to start the week.
As...
Every March at Windsor Castle, leading global energy figures come together for the Windsor Energy Consultations.
Now, I'm not allowed to...
The "other shoe" is dropping for the oil sector, and it's going to affect each and every one of us.
This ripple effect will extend to much...
The pundits have been hammering away at how much excess supply there is worldwide. Yet that alone is not the market's only...
Given the action that has taken place in the sector over the past several months, I haven't had the opportunity to sit down and answer your many...
With word swirling about Russia and Saudi Arabia agreeing to freeze oil production, the talking heads are up in arms about whether it will make...
The International Energy Agency's (IEA) report on global oil demand projections, combined with the continuing oil supply glut, pushed oil prices...
Last week, Russian Energy Minister Alexander Novak claimed that Saudi Arabia had proposed a 5% cut in oil production.
That set the oil...
Over 2015, a persistent surplus in oil production has offset significant cuts in forward capital commitments and a decrease in drilling - the...
In the UAE's oil capital of Abu Dhabi, OPEC and Russia have been negotiating a coordinated cutting of oil production, which would lead to a...
Events in Abu Dhabi Friday point to OPEC having a brand-new ally in the oil sector - one no one would expect...
This unexpected...
Despite weekly declines in the number of working rigs in the American market (now at the lowest levels in some six years) and rising cuts in ...
Why are gas prices so low right now?
The average price of regular unleaded is hovering around $2.40 a gallon - almost a dollar less...
Yesterday, OPEC released a bulletin saying low prices "remains a cause for concern" and OPEC is "ready to talk to all other producers."...
If one number summarizes the global oil market, it’s 93,002,710.
That’s how much oil was produced around the world every...
American crude is flowing into the oil market, setting new records. But soon the shale-inspired oil glut will shrink.
We have a ...
It's getting to be crunch time in the negotiations between the West and Iran over Tehran's nuclear program.
Despite an ill-advised attempt...
The prospect for oil prices in the near future looks significantly more positive. By the end of the second quarter or shortly thereafter, we...
Last week's OPEC meeting in Vienna, Austria, was billed as the most important gathering of the cartel in years, with huge implications for crude...
