It’s not often that we’re served up a WTF moment like this. Just about a couple of hours ago, I published my article about US crude-oil benchmark grade West Texas Intermediate (WTI) and how the...
The attacks on Saudi Arabia’s largest oil-processing plant at Abqaiq and its second-largest oil field in Khurais on Saturday knocked out about 5.7 million barrels a day of output – about half of Saudi production...
“The worst is over.” That has been the meme in the oil business in the second quarter. Folks in Houston’s and Calgary’s office sector, companies that supply the oil patch, and everyone else associated with...
The US dollar’s upside momentum has faded, but oil prices remain depressed. Many observers try, too hard perhaps, to link the decline in commodity prices in general, and oil in particular, to the appreciation of...
“India is a Rich country inhabited by Poor people” … The generation going through its first pangs of mid-life crisis would recognize how this phrase was used as the opening remark in Indian geography classes....
Sudanese President Omar al-Bashir announced that South Sudan’s oil exports will continue to flow through his country’s pipelines. His decision was announced on Wednesday (03.09.2013) after meeting with South Sudan’s President Salva Kiir in the...
Every possible strategy to reduce oil consumption while maintaining living standards, productivity, and economic growth without hurting consumers and saving substantial revenue and underlying supply threats, has been the order of the day by economist...
COMMODITIES : Price divergence between the world’s top oil benchmarks creating a wreaking havoc among energy investor, Traders and Hedgers. Divergence between Western Texas Intermediate oil (WTI Crude) increasing from top global oil references Brent Crude....
