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Previously we documented that as a result of the still low oil prices, largely a result of Saudi Arabian strategy to put high cost producers…
In the aftermath of Saudi Arabia's explicit threat to sell off U.S. Treasuries (of which according to the NYT it had some $750 billion) should…
While oil bulls were delighted by Wednesday’s DOE news of an inventory drawdown refuting the prior day's API news of a major build, what was…
According to data compiled by Haynes and Boone, in just the first four months of 2016 there had already been double the amount of bankrupt…
Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia's longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes…
It was almost a year ago, when having tumbled in early 2015, oil proceeded to rebound strongly into the summer, where it traded at about…
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…