Is Volatility in Oil Price on the Way, Again?
A consistent theme in my articles is the charts reveal that economic disruptions, such as ructions in the stock market, tend to follow periods of marked instability in the price of oil, and further,...
View ArticleOPEC production increase shows it’s still fighting U.S. shale oil
The move by OPEC last week to raise oil production to compensate for outages among the group’s members shows that U.S. shale oil (properly called “tight oil”) is still in its cross hairs–and that the...
View ArticlePeak Oil Review – 15 Oct 2018
Major players in the oil industry are still in disagreement as to where oil prices will go in the near future. A few weeks ago, many financial writers were talking about $100 oil, but the sudden surge...
View ArticleDear NPR
I believe we will see a fairly rapid decline in the production of shale oil and gas in the U.S. as a large number of fracking companies go bankrupt. I don’t see investors again being taken in by the...
View ArticlePeak Oil Review: 23 March 2020
The market situation changed rapidly last week. On Monday, the oil traders were focused on the Saudi price war. By week’s end, however, the Saudi initiative had been overshadowed by the rapid spread...
View ArticleThe Energy Bulletin Weekly: 6 April 2020
Last week saw one of the biggest price leaps in the history of the oil industry, with US futures surging from around $20 a barrel at mid-week to a close of $28.34 on Friday.
View ArticleAs Oil Prices Fall Below $0 Per Barrel, Climate Advocates Urge Against Fossil...
The price of U.S. crude oil collapse to below zero for the first time on record, falling to negative-$37 per barrel and forcing oil producers to pay buyers to take the product off their hands.
View ArticleThe Energy Bulletin Weekly: 18 May 2020
Oil prices continued to rise last week despite the uncertainty surrounding COVID-19. New York futures closed at $29.43 and Brent at $32.50.
View ArticleWhat Oil’s Troubles Mean to the Rest of Us
To the extent that stock prices reflect expectations of future value, investors don’t like the prospects for oil, and oil’s demise signals muted prospects for economic growth.
View ArticleThe Energy Bulletin Weekly 11 January 2021
Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in physical crude buying.
View ArticleThe Energy Bulletin Weekly
US crude futures posted an eighth straight weekly gain, the longest stretch of advances since 2015. Brent crude topped $85 a barrel in London for the first time since 2018, the latest milestone in a...
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