OPEC+ continues to struggle with…
Baghdad is repairing the Kirkuk-Ceyhan…
Oil prices are surging as…
We’ve been holding on to this nugget for some time, waiting for one of the last pieces of the puzzle to near position. Now it’s time: Bosnia and Herzegovina has…
September Crude Oil futures reached a new high for the year this week, but there was very little follow-through. This is a good sign that conditions are overbought and that…
Bottom Line: We see a flurry of activity in Ukraine, with a $735 million Black Sea commitment by Exxon, an unexpected 100 million barrel oil find in the Poltava region…
Bottom Line: Swiss billionaire Jean Claude Gandur’s Oryx Petroleum Corp. could hit it big again in property adjacent to its key acreage in Kurdistan, Northern Iraq, and we should know…
Bottom Line: Now that Croatia has joined the European Union, Russia will work hard and fast to get its foothold in the Balkan country’s energy market, where location gives it…
Bottom Line: By January 2014, Russia may liberalize LNG exports currently monopolized by state-run Gazprom, in order to make room for expansion of LNG exports to the Asia-Pacific region.
Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement,…
If there was ever a contrarian play, it’s the coal sector today.Major coal producers like Peabody Energy (NYSE-BTU) are trading below the levels they saw during the height…
When the US Energy Information Administration (EIA) released its first-ever report that looked at shale oil and gas potential from a global perspective, the first question that came…
September crude oil futures continued to soar this week, proving that last week’s huge rally was no fluke. The market spiked up early in the week before running into fresh…
Ghana’s Jubilee Production Hits 110,000 b/d, Amid Political CrisisGhana’s giant offshore Jubilee field continues its steady increase in production, now reaching 110,000 barrels per day, and its operator,…
Dana Gas Announces Find in EgyptUAE-based Dana Gas on 30 June announced a significant gas discovery in Egypt’s Nile Delta, just four days before Egypt’s military stepped in…
What if Mexico were to privatize its state-owned oil company Pemex around the same time that the US and Mexico ended the moratorium on oil and gas production along their…
Egypt is the big topic on oil trader’s minds this week but it really shouldn’t be. Although it’s been tapped as the reason WTI oil has drifted above $100 a…
It’s all about fiber optics today, with acoustic spy tech that aims to both perfect offshore fracking and detect subsea leaks—and this is where the defense industry and oil and…
August crude oil futures regained the long-term resistance line of a triangle chart pattern on July 3, putting it in a position to close higher for the week. Shortly after…
Citigroup Eyes Oil, Infrastructure in IraqCitigroup Inc. (C) received approval last week to open a representative office in Baghdad to take advantage of the estimated $1 trillion to…
Takeover Bargain: Newcrest MiningSince mid-April we have been monitoring Newcrest Mining Ltd. (NCM), which has lost half of its value since then and is possibly ripe for takeover…
Qatar Emir Cedes Power to SonEmir of Qatar Hamad bin Khalifa al-Thani (61) ceded power Tuesday to his 33-year-old son, Tamin bin Hamad al-Thani. This is not a…
This week’s market action seemed to prove two very old trader’s axioms – ONE – the market will do precisely what will cause the most people the most pain and…