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Month: January 2017

Category:
  • Mexico

Mexican Drug Cartels Threaten To Blow Up Gas Stations Over Massive Price Hike

While Mexico has reasons to be concerned about the upcoming presidential inauguration of Donald Trump, who has vowed to make life, and especially trade relations, for Mexicans far more “complicated” Continue Reading

Posted On : 3 Jan 2017 Published By : Tom Whipple
Category:
  • China

China issues first red alert for fog

China’s national observatory on Tuesday issued a red alert for fog in a number of northern and eastern regions, the first ever national red alert for fog. From Tuesday to Continue Reading

Posted On : 3 Jan 2017 Published By : Tom Whipple
Category:
  • Oil Supply

IEA Oil Market Report- December 2016

The IEA released highlights for the December Oil Market report in mid December. I have used information from the November report and assumed OPEC crude output will be 32.7 Mb/d Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • OPEC

OPEC’s Spare Capacity Will Calm Oil Markets In 2017

There is a wide variety of opinions on whether or not OPEC will deliver on its promised cuts of 1.2 million barrels per day, and a lot hangs in the Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Have a Slippery Path Upward

Oil prices may finally have stabilized, but hurdles to further gains remain. After more than two years of a crude glut that drove prices to decade lows, analysts and industry Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • Iraq

Iraq: Suicide bombing kills at least 22 in Baghdad

A suicide bomber blew up his explosives-laden vehicle Monday in a bustling market area in Baghdad, killing at least 22 people, Iraqi officials said, hours after the arrival of French Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • Azerbaijan

Blast hits Azeri gas pipeline near Baku: Ministry

An explosion has occurred at a gas pipeline near Azerbaijan’s capital Baku early on Monday, the country’s Emergencies Ministry said, the second such incident in a week. An explosion hit Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • Mexico

Weaknesses in Mexico’s oil sector are creating ‘chaos’ during the holiday season

The holiday season has been a little less merry for car owners in Mexico as gasoline shortages in many parts of the country have forced grumbling customers to contend with Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • Mexico

Mexicans are outraged over a big hike in gas prices on Jan. 1

Mexican motorists awoke to a shock as gasoline prices at the pump shot up by more than 20 percent in some corners of the country on the first day of Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple
Category:
  • China

Beijing maintains orange alert for air pollution

BEIJING, Jan. 2 (Xinhua) — Beijing will extend the orange alert for heavy air pollution for another three days as heavy smog will continue in the city, environmental authorities said Continue Reading

Posted On : 2 Jan 2017 Published By : Tom Whipple

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