Saudi can’t back up promises for 1 million new barrels/day. Crude markets will tighten.
OPEC Eases (Or So It Claims)
Monday, June 25, 2018
Saudi and Russia Change Their Tune
Tuesday, May 29, 2018
Bowing to Trump’s tweet, or stabbing Iran in the back? Little change for global oil markets.
Iran Deal: More Fire, More Fury, Pure Trump
Wednesday, May 9, 2018
Don’t panic. Still 180 days till sanctions take 2 million barrels/day out of the oil market.
Oil’s Bullish Bottlenecks
Tuesday, April 24, 2018
The upside case for crude isn’t OPEC cuts, but America’s infrastructure capacity limits.
150 Million Barrels To Go
Monday, January 22, 2018
US production moves to all-time highs, yet the global petroleum market keeps tightening.
Oil: From Priced for Perfection, to Perfect Storm
Monday, November 27, 2017
OPEC will squeeze another 100 million barrels out of global stocks. US producers win.
Sorry, But Tesla's Cool Electric Cars Can't Compete As Long As Fracking Exists
Tuesday, September 19, 2017
Venezuela: A Trump Oil Shock?
Tuesday, August 8, 2017
Oil is priced for geopolitical perfection. Venezuela is far from perfect, and getting worse.
The Peak Oil Myth is Back (But This Time It’s Demand)
Wednesday, July 12, 2017
With oil prices in mid double digits, electrics can’t compete where sales growth is biggest.
The Crude Stocks Conundrum
Wednesday, June 28, 2017
Markets remain hypnotized by distorted inventory statistics, ignoring the fundamentals.