Jeff Kilburg, KKM Financial, told CNBC that he is still bullish on crude oil despite the “noise” that there is more pain ahead. Anthony Grisanti, GRZ Energy, disagrees with Jeff Kilburg’s […]
S&P Global published report titled “Industry Top Trend 2017” which indicates that rating trends across the energy sector continue to stabilise. The sub-sectors with the highest percentage of negative outlooks […]
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. […]
OIL PRICE: – Crude oil’s drop back into the high $40s has renewed concerns that efficiency gains from North American frackers will lead to another low/mid $40s scenario for WTI. […]
Reuters Tuesday, March 14, 2017 – 8:03am E&P REPORTS that OPEC said on March 14 oil inventories had continued to rise despite the start of a global deal to cut supply and […]
It has been a troubled week for oil prices, which dropped to below the $50 a barrel threshold for the first time this year. But the cost of a barrel […]
CNBC reports that US crude oil price is heading to $42 after EIA reported a nine consecutive week rise in US crude stockpiles. In my opinion, it was clear that […]