Worst squeeze ever. But even today’s demand can’t be supplied at twice these prices.
On the WTI Crash
Monday, April 20, 2020
How Low Can Oil Go?
Monday, March 30, 2020
Oil is caught in a storage and finance squeeze, but the world can’t be supplied at $20.
Just What We Didn’t Need: An Oil Price War
Sunday, March 8, 2020
Saudi and Russia have a falling out. This is the systemic threat we’ve been warning about.
After Soleimani, What If Peace Breaks Out All Over?
Monday, January 6, 2020
#WWIII is one thing – but taking out Middle East oil capacity is a way to support prices.
Don’t Panic Over the Saudi Attack and the Oil Supply
Wednesday, September 18, 2019
OPEC would have had to cut output anyway, given the dramatic increase in American production.
The Oil Glut Even Drones Couldn’t Fix
Monday, September 16, 2019
Not how we expected Saudi production to be curbed to accommodate a Permian surge.
Despite the Gloom, Still a Shale Boom
Tuesday, August 13, 2019
The US has captured all the oil demand growth of the last three years. Onward and upward.
The Perfect Moment to Take Out Iran
Tuesday, April 23, 2019
A "Saudi call" and a million more barrels/day from the Permian mean little upside risk for oil.
Why Aren’t Oil Prices Higher?
Tuesday, February 12, 2019
We can sanction Venezuela all we want. All the oil market cares about is growth in China.
OPEC's Gifts to Trump
Wednesday, November 14, 2018
Production limits are coming. They'll support prices and transfer market share to the US.