In Putin’s Russia, the Arrests Are Spreading Quickly and Widely
They came for Dmitri Kolker, an ailing physicist, in the intensive care ward. They came for Ivan Fedotov, a hockey star, as he was leaving practice with a film crew Continue Reading
Russia Announces 82-Million-Ton Arctic Oil Discovery
Russian oil and gas giant Rosneft claims to have made an 82-million-ton oil discovery in the Pechora Sea. Rosneft has a controlling interest in 28 offshore licenses in the Arctic Continue Reading
The Netherlands Calls On Large Energy Users To Reduce Consumption
The Netherlands said on Monday that large energy consumers would need to cut back on their usage beginning at the start of next year, Reuters has reported. The restrictions are Continue Reading
Gazprom Demands Rubles For LNG
Gazprom is proposing to extend the rubles-for-gas scheme to liquified natural gas (LNG), a senior executive said on Monday, days after Russia moved to take full control over the Sakhalin-2 Continue Reading
Oil slips as recession fears balance tight supply
Oil edged lower on Monday as fears of a global recession that would hit demand overshadowed concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Continue Reading
Oil Stabilizes as Traders Weigh Recession Concerns, Tight Supply
Oil steadied below $109 a barrel at the start of the week’s trading, with traders weighing concerns that a global slowdown will drag down demand against supply interruptions and signs Continue Reading
JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut
Russia. Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned. The Continue Reading
Total Global Recoverable Oil Reserves Are Falling At An Alarming Rate
Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… According to Rystad Energy analysis, Continue Reading
Falling Commodity Prices Raise Hopes That Inflation Has Peaked
A slide in all manner of raw-materials prices—corn, wheat, copper and more—is stirring hopes that a significant source of inflationary pressure might be starting to ease. Natural-gas prices shot up Continue Reading
Can Past Oil Production Predict the Future?
The EIA has reported that their site experienced technical problems last week and that they have not been able to update their weekly and monthly data. Since we do not Continue Reading