Until very recently, the oil price and gold price tended to follow a similar pattern, as evidence by the below chart. The fundamentals driving these prices differ of course, but…
Oil and Gas is a Cyclical Business It’s no secret that oil demand has been demolished by the novel coronavirus and coincident recession, but in my experience the best indicator…
According to the Energy Information Administration, the US is more than self-sufficient when it comes to energy. For the first time in a very long time, production of energy (all…
Oil has had a spectacular rebound as news that OPEC+ might be willing to come to some sort of agreement (with Trump’s help?) The price of WTI popped from the…
China’s imported over 10 million barrels of oil daily in 2019 according to the Energy Information Administration. Ten million barrels PER DAY, every day of the year or 3.65 BILLION…
Having been through numerous energy cycles, I’ve learned on valuable lesson: Sell high and buy low. Sounds simple enough but its always difficult. Just a few weeks ago I recommended…
I suggested in prior post that oil would be in trouble due to the COVID-19 impact on fuel demand. The stocks are being clobbered, and one might be tempted to…
The following prescient quote is from February 2014: The economies of China and India have slowed, and the U.S. is trending towards energy self-sufficiency thanks to production growth nobody envisioned…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.