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While oil traders have been generally punting to the "November Iran sanctions" as the reason why in recent weeks a bevy of $100 oil forecasts…
Amid fears of global oil supply disruption and production curbs, in its latest monthly report, OPEC expects global oil supplies to remain stable, while cautioning…
President Xi Jinping’s “Belt and Road” trade infrastructure project could be hitting significant bottlenecks as some countries begin to sound alarms regarding the massive debt…
A tanker with 19 crew members on board is feared to have been hijacked after it went missing in pirate-plagued waters off Gabon in West…
As previewed yesterday, on Monday Venezuela officially slashed five zeros from prices and its currency as part of what has been dubbed one of the greatest currency…
Will the war in Yemen become the next battleground in the ongoing Iran-Israel proxy war for the Middle East? The past year has witnessed a more out in the…
The Aramco IPO may now be history, put on indefinite hold several weeks ago, but Saudi Arabia's funding needs have never been greater. As a…
A new, shocking report by researchers at Carnegie Mellon University’s Department of Engineering and Public Policy (EPP), Harvard University, and the University of California San…
Whether this is a coordinated response is unclear - and certainly on a much smaller scale - but Bloomberg reports that Russian Prime Minister Dmitry Medvedev signed a…
Major states buying oil from Iran are unlikely to heed the U.S. call to drop imports; key allies want a waiver to avoid sanctions; OPEC,…
Update: So much for any drop in the price after the Saudi production boost report: the market appears far more focused on the news of a…
A battle is playing out in Midland, TX between employee-starved local businesses and multinational energy companies who are poaching local residents left and right for…
The last four days have seen WTI Crude prices plunge almost 10% from their cycle peak near $73 to a $65 handle overnight. (Click to…
Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in…
With the national average gas price continuing its trudge toward $3 a barrel, pushed by rising crude oil prices, GasBuddy is reporting that more Americans…
When one considers the relationship between crude oil prices and 10Y yields, conventional wisdom traditionally looks at the correlation between 10Y breakevens - i.e., the…
One month ago, when looking at the sharp spike in oil and gasoline prices (which at the time averaged $2.73), we said that the surge…
Ticker: Two weeks after Saudi Arabia said it was targeting $80/bbl oil, this morning Riyadh got its wishes early when Brent hit the Saudi target,…
Consumers, who are already being squeezed by rising interest rates (even as the return on their cash deposits remains anchored near zero), are facing another…
With Trump having started the 6 month process of pulling out from the Iranian nuclear deal (or rather as Steven Mnuchin admitted, Trump's true intention is merely…