There are plenty senseless oil and gas forecasts published by leading financial institutions as an attempt to convince people that oil and gas companies will soon be profitable again due […]
What is behind Tillerson’s statement on upcoming “comprehensive review” to determine the U.S. strategy on Iran?
The statement made by Secretary of State regarding Trump’s administration intent to conduct “comprehensive review” on Iran, initially seemed to be surprising. I could not understand why would the U.S. […]
VCI, a global consulting firm published an analysis of on oil and gas financial health. In it, VCI indicates that despite the near record increase in U.S. oil inventories last […]
What Is The Real Reason For OPEC’s Continuous Efforts to Improve Oil Price by Production Cuts When It Is Clear That Isolated Efforts Are Unlikely To Be Effective.
In my comments to the Article published by Business Insider regarding signs that OPEC’s would most likely to extend production cuts agreement, I indicated that efforts of OPEC alone are […]
The oil market is tipping slowly from glut to equilibrium, as output cuts from OPEC and 11 non-OPEC countries start to reduce crude flows. It’s not quite there yet. Indeed, […]
Oil traded flat on Thursday after weekly data indicated a continued rise in U.S. production, while an International Energy Agency (IEA) report said the market was close to balance. Benchmark […]