Last week, Saudi Arabia and Russia caused a spike in oil prices at the G20 summit. Oil ministers from the two…
Tag: Saudi Arabia
OPEC Games the Speculators
Speculators act on OPEC’s every word, but what happens when OPEC manipulates the speculators?
Another Oil Freeze Fiasco?
The usual OPEC suspects – Venezuela, Ecuador, and Kuwait – are pushing for a revival of the oil freeze talks…
Don’t Feed the Bears
As I have just returned from Wyoming, a state known for energy and for bears, we see the two converging…
Which Way Is Oil Going?
Where is the price of oil going? Find out what factors are weighing on the market.
Trump Friend: A Good Sign for Saudi Oil?
Donald Trump, the Republican Party’s candidate for president, has taken an inflexible and harsh tone towards Saudi Arabia. This comes…
The Classified 28 Pages: What’s In Them?
After much controversy and suspense, the House Permanent Select Committee on Intelligence finally released the classified 28 pages from the…
Crude Oil & Gasoline Stocks: A Look Ahead
According to the EIA, the United States has drawn down more than 4 million barrels from its record high stocks.…
Oil’s Climb: Putting on the Breaks
Analysts are conflicted over whether oil’s latest climb (now hovering just under $49/barrel) is simply a result of temporary production disruptions or whether…
OPEC Meeting Ends No Oil Production Policy
OPEC concluded its 169th meeting today in Vienna, without making any changes to its oil production policy. Other than some last minute speculation sparked…