A report by HSBC shows that contrary to industry mythology, even amidst the glut of unconventional oil and gas, the vast bulk of the world’s…
Brent Crude
If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil.…
"You see a big destruction in the income of the oil and commodity producers," exclaims on analyst but, as Bloomberg notes, while oil prices flashing…
As 2015 drew to a close, many in the global energy industry were praying that the price of oil would bounce back from the abyss,…
The market was supposed to save the planet. That, at least, was the argument of many economists grappling with the problem of climate change. As…
Just over a week before the U.S. signed the Paris climate agreement at the conclusion of the COP21 United Nations summit, President Barack Obama signed…
In late October, we noted that for the second time this year, Russia overtook Saudi Arabia as the biggest exporter of crude to China. Russia also took the…
I’m a vampire, baby, suckin’ blood from the earth. Well, I’m a vampire, babe, sell you twenty barrels worth. -Neil Young (Vampire Blues) Oil is…
The stock market is down. It must be some crazy thing China has done. Those Communist countries just don’t understand how capitalism works. No, wait!…
On a continent that is home to some of the world's richest people, most profitable businesses, and most valuable assets—including 342 billionaires—more than 120 million…
The plunge of global oil prices began in June 2014, when benchmark Brent crude was selling at $114 per barrel. It hit bottom at $46 this January,…
The big global banks have begun to warn clients that the blistering rally in oil and industrial commodities in recent weeks has run far ahead…