A flood from Iran, a stable Middle East, crashing breakevens, collapsing demand. Dream on.
Oil: Priced for Perfection in an Imperfect World
Wednesday, January 20, 2016
Oil's Hard Road Forward
Monday, October 5, 2015
Prices have seen the lows, but CAPEX hasn't -- production will decline through mid-2016.
US and OPEC: The New New World Oil Order, Volume II
Monday, July 27, 2015
Don't trust the production picture. US will drop hard, and OPEC's gains are not repeatable.
Iran: The New New World Oil Order, Volume I
Monday, July 20, 2015
Iran could pump 5 million barrels per day by 2020. But a growing stream, not a violent flood.
Market Share for Cannibals
Monday, June 8, 2015
Saudi and UAE are the only OPEC winners. As shale rolls over, the cartel's share will grow.
The Shale Boom Shifts Into Higher Gear
Monday, June 1, 2015
Oil production is becoming a modern manufacturing process, with frackers using the ‘just-in-time’ approach.
Monday, April 27, 2015
As crude hits the top of our predicted 2015 trading range, we look ahead to $15-$40 oil.
Oil and the Obama Doctrine
Friday, April 10, 2015
An Iran nuke deal isn't as simple as Shell's BG deal. Meanwhile, Yemen destabilizes.
Domestic Crude: Getting More Refined
Thursday, March 26, 2015
There's no bottleneck -- refiners are rapidly adapting to abundant domestic light crude.
Friday, March 13, 2015
The Saudi strategy is working: market-based pricing will bolster its flagging market share.