Reduced U.S. diesel consumption and…
It is fair to say…
Spy dens across Europe are…
Last week’s technical report suggested that June crude oil was poised for a volatile move because of the triangle chart pattern formation it had formed. Although the chart pattern indicated…
Bottom Line: Riding high on its massive Levant Basin discoveries and with the first gas coming online from one of these supergiant fields, Israel is considering raising taxes on its…
Bottom Line: In the end, geopolitics is always about natural resources, and almost always about fossil fuels specifically. Following this logic, the end game in Syria could very well be…
Bottom Line: Yemen is offering up new oil exploration licenses citing a great interest by foreign oil companies, but the truth is that this venue presents THE HIGHEST political risk…
Bottom Line: US Interior Secretary Ken Salazar is talking about a proposal to regulate oil and gas fracking on public lands, and while we haven’t seen a draft of this…
When I wrote convincingly last July about the coming turnaround in Nat gas prices I did a great job in recognizing the trajectory of storage and the slow but steady…
I’ve been following Genel Energy of Turkey for a while now, not least because of my obsession with the potentially catastrophic but otherwise fantastic venue that is Iraqi Kurdistan. Every…
While most aren’t eyeing the Eastern European shale potential with too much excitement, Chevron stands out for its decisive buy-up of acreage in this region. Chevron has acquired millions of…
June crude oil futures traded mixed last week as traders had to deal with conflicting signals. Technically, the market is oversold on a short-term basis which gives it a slight…
Bottom Line: The sweeping parliamentary endorsement of Sunni politician Tammam Salam to become the country’s next prime minister is a major boost for stability and removes a great deal of…
Bottom Line: Peru is taking tough action against oil and gas companies over poor environmental practices following an oil spill earlier this month, halting operations and imposing fines. There’s more…
Bottom Line: Though small in volume, Ukraine’s launch of gas imports from Europe is spurring a response from Moscow which is essentially to cut Ukraine’s gas transit potential.
Bottom Line: The Russian Finance Ministry’s proposed increase in extraction taxes of 5% for 2014-2016 is intended to raise money for building roads, but the tradeoff is a sweet incentive…
Trading energy and energy stocks this week have been a dangerous experience, as oil markets sloughed off more than $3 a barrel on little more than a whim. DOE reports…
Hydraulic fracking is an expensive, complicated and dirty endeavor. That is the present reality. But new technology already being employed and even more promising ideas coming online soon could clean…
While these Middle East/North Africa venues are global oil giants and net oil exporters, demand for natural gas here is growing faster than supply. Combined with the natural gas boom…
After posting a high last week at $97.80, May crude oil sold off sharply on the daily and weekly charts. The fundamental catalyst behind the move was an unexpected rise…
Bottom Line: Italy’s Eni SpA has made its 9th offshore discovery in Angola, setting up the West African country to become a regional energy hub. Analysis: Last week,…
Bottom Line: The Colombian president unveils plans to eliminate the 8.9% tax on natural gas and other potential initiatives such as free-market gas pricing that will increase investor optimism at…
Bottom Line: Romania has officially ended its moratorium on shale gas exploration, and now it will take 3-5 years to accurately assess the potential here. The game is not over,…