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It took the market over a day to appreciate the fallout from the devastating Canadian wildfire which has led to a state of emergency in…
The dollar's gyrations remain a key source of inspiration for traders with the fundamental focus continuing to switch between falling U.S. and rising OPEC production,…
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While…
In one of the least surprising highlights from the ongoing earnings season, yesterday we reported that as oil continues to rise, U.S. shale companies are…
Regular readers know that we've covered Alberta's decline at length (refresher here), so there is no need to give much of a backstory other than…
Despite oil's rebound from cyclical lows and the world's exuberance that the energy space may be saved (on the basis of headline-reading algo pumping momentum…
For the latest indication of how bad the recession in the U.S. oilfield services sector is, we took a look at last night's Schlumberger results…
Late last week, just ahead of the Doha meeting, we reported that Iran's existing oil tanker armada, which until recently had been on anchor next…
After a fierce run of chaotic headlines leading up to the Doha meeting, where speculation of deal or no-deal was enough to make blood shoot…
The Arctic has been the fascination of many people for centuries. Hundreds of years ago, the Europeans saw the Arctic’s frigid waters as a potential…
Nations representing almost 60 percent of the world’s oil production will gather in Doha on April 17 to discuss "freezing their output at January levels"…
Following yesterday's historic bankruptcy of Peabody Energy, the world's largest coal miner, the defaults continued hot and heavy overnight when first Energy XXI, which had…
Yesterday, Russia said that a deal was virtually assured with Saudi Arabia to "freeze" production (at record levels) that did not require Iran's participation. And…
We are entering the critical spring borrowing base redetermination season, which as we previewed previously is the biggest threat to near-insolvent energy companies whose banks…
Away from the headlines about The Panama Papers, global financial markets turmoiled quietly this week with a surge in equity and FX volatility and banks…
The territorial scramble for various resource rich areas in the East/South China Sea and specifically the Spratly islands has been a major point of contention…
Two days ago we brought you excerpts from a Huffington Post investigative report on Unaoil, a previously obscure Monaco company that allegedly functions as a…
In late September, during the peak of fall borrowing base redetermination, many oil and gas companies got their first glimpse of just how bad their…
One of the more impressive short squeezes in recent history took place in the first two weeks of March, when the stock of distressed Peabody…
In its latest monthly market report released early on Friday, the International Energy Agency forecast that oil prices may have bottomed as shrinking supplies outside…