Why the United States Is Headed for a Massive Petro-Disaster

A momentous event brings out the best and the worst in people. Heroism and callowness, mindless greed and boundless altruism. You see intelligence...

Postcards - Do This Whenever You See Buffett Buy OXY

Dear Old Friend, I always told myself I wouldn’t be a “helicopter parent” – hovering over my child and making sure she didn’t get scrapes...

Postcards: This Mystery Trader Just Quadrupled Their Money

Dear Old Friend, The Swiss lakes are lovely. But I can’t say the same about this debt deal. Yesterday, we saw more choppiness, and a large move...

How Russia and Saudi Arabia Are Deciding Your Oil Prices Today

Russia and Saudi Arabia want differing outcomes from tomorrow’s big OPEC meeting.

The Saudis want production cuts extended through 2018,...

Everything You Need to Know (and Ignore) About the November OPEC Meeting

The last November OPEC meeting sent oil prices rocketing 20% higher in less than a month, and now this year's Nov. 30 meeting is shaping up to be...

OPEC Has Survived Crises Far Worse Than the Qatar Debacle

There are countless headlines touting news that the OPEC production deal is now in peril.

But in the wake of the Qatar crisis, we'd like...

The Real Goal Behind Next Week's OPEC-Russia Meeting

Next week's OPEC-Russia meeting won't free crude from its tight trading...

The OPEC Oil Deal Is Coming... but Not When the Pundits Expect It

Markets don't expect an OPEC oil deal in September, but that doesn't mean it's completely off the...

OPEC Is Now in the "Danger Zone" - Just as Arab Spring II Is Coming...

As OPEC divides itself into "haves" and "have-nots," the cartel is opening the door for global...

The Simple Reason Why OPEC Won't Strike a Deal on Oil

Every OPEC member feels the pain of cheap crude - but don't expect an oil deal any time...

New Saudi Oil Minister Steps into OPEC Lion's Den

The new Saudi oil minister, Khalid Al-Falih, was unsuccessful in convincing Iran to stop its excessive oil production.

OPEC met today in...

Here's What Has London's Wealthiest Oil Kingpins So Fired Up

Just one thing is clearly on the minds of every money kingpin in London... the current "breakout" in oil prices.

WTI is up 53.4%...

A Single Country Now Controls the Future of Oil Prices

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...

The Truth About the Big Oil Production Freeze

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...

How a Surprising Alliance Could Shake Up the Oil Sector

Events in Abu Dhabi Friday point to OPEC having a brand-new ally in the oil sector - one no one would expect...

This unexpected...

What the OPEC Meeting 2015 Means for Prices Now

OPEC Meeting 2015: Oil officials from all 12 OPEC countries met at the Vienna headquarters today.

As expected, the meeting concluded in...

Why the OPEC Meeting Matters

With the 168th OPEC meeting on Friday, many people are wondering why the OPEC meeting matters.

After all, the last summit saw no major...

Saudi Arabia May Have Just Shot Itself in the Foot

Another Saudi official is trying to downplay the kingdom's expanding deficit - as their problems get worse...

On...

How the OPEC and Russia Meeting Will Affect Oil Prices

On Oct. 3, Russian Minister of Energy Alexander Novak announced his country is ready to meet with OPEC to discuss the crash in oil prices. Reuters...

What OPEC's New Romance with Russia Means for Oil Prices

Low oil prices have brought OPEC and Russia to the brink of partnership, but don't expect this new closeness to radically raise oil prices. Here's...

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