Why Russia’s Oil Fields Will Soon Be Crawling with Westerners
Western oil majors are about to help Moscow solve its energy problem. And that could be a boon for investors. The traditional Russian oil fields in Western Siberia are well past peak production. Some...
View ArticleAfter the IEA Experiment, What's Next for Oil Prices
The Paris-based International Energy Agency (IEA) announced yesterday that it would not continue releasing oil reserves into the global oil market. The decision last month to release 60 million barrels...
View ArticleEurope's New Economic Crunch (Oil Prices Sure Aren't Helping)
As we sit down here in Krakow to begin government sessions on shale gas policy, and European Union ministers meet in the southwestern city of Wrocław, Poland, thoughts are turning once again to oil...
View ArticleWhat the Next “Arab Spring” Means for Oil Prices
I’m set to appear on Fox Business Network this afternoon (at about 2:50 Eastern) to deliver this revelation, but you heard it here first. Recently, I have been suggesting a narrow trading band for both...
View ArticleWhat the Iranian Nuke Deal Means for the Oil Markets
The big news over the weekend was the apparent “breakthrough” with Iran. I say “apparent” because we don’t know much about the substance of the deal. The reason is because the substance doesn’t exist...
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