Keystone XL is facing a new challenge: The oil producers and refiners the pipeline was originally meant to serve aren’t interested in it anymore. Delayed for nearly a decade by Continue Reading
WASHINGTON—President Donald Trump declared a new age of “energy dominance” by the U.S. on Thursday as he outlined plans to roll back Obama era restrictions and regulations meant to protect Continue Reading
The U.S. Federal Reserve has already increased interest rates several times, most recently in June, with promises to do much more. Rate hikes pose a problem for the oil industry, Continue Reading
Fusion on the Horizon In the continuous pursuit of a truly renewable and clean energy source , nothing compares to nuclear fusion. Although scientists have already found ways to harness Continue Reading
Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session, after a decline in weekly U.S. production eased concerns about deepening oversupply. Crude Continue Reading
Earlier in the week we discussed how lower Saudi export loadings in April are translating into lower arrivals on U.S. shores this month. This has prompted some to ask whether Continue Reading
Crude stockpiles rose by 117,999 barrels last week: EIA Gasoline inventories saw another decline amid supply concerns Crude oil prices gained as government data showed a drop in U.S. gasoline Continue Reading
In options trading, a straddle is literally a sit-on-the-fence strategy. By purchasing a put and a call at the same strike (price of underlying commodity) for the same time period, Continue Reading
We really don’t know where oil demand is going because we are not sure where the global economy is going. This is a situation most people skip when they look Continue Reading
With world oil inventories swelling despite a global pact on cutting output and crude prices falling by a fifth in the past month, OPEC appears to be losing its battle Continue Reading
