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Oil Price: Look for a Correction

By Art Berman, Lately, oil prices have gone up when they should have gone down. In the last week, OPEC decided not to …

The Shrinking Oil Revenue Cake

In a new two-part study, Wood Mackenzie explores the implications of the current low oil price for upstream fiscal terms. Governments dependent on oil taxation …

Tumbling Oil Boon for Hedge Fund Bankruptcy Specialists

Tumbling oil prices have helped put asset-based senior lenders in the driver’s seat when it comes to restructuring distressed energy companies. A slew …

Petrochemicals Jump 29% on Stronger Oil

  Prices in the $3-trillion-plus global petrochemicals market climbed another 4% month over month in May, for a fourth month of rebound following …

OPEC Losing its Ability to Set Global Oil Prices

The June OPEC meeting should not bring too many surprises, as the cartel’s unofficial leader, Saudi Arabia, will not support production cuts in …

From Big Oil to Big Gas?

By Rakteem Katakey Oil companies that have pumped trillions of barrels of crude from the ground are now saying the future is in …

Oil Prices: 4 Factors to Watch as Iran Increases Energy Exports

  by Saurabh Lele Iran eagerly awaits the opportunity to escalate its oil exports. A final agreement on the country’s nuclear capabilities is …

Oil Price Recovery Or “Dead Cat” Bounce?

Since the beginning of the year oil prices (using West Texas Intermediate Crude as a proxy)have bounced from their lows following the collapse last …

Mexico’s Low Oil, Low Growth Environment

Mexico’s central bank has cut its 2015 growth forecast for the second time in three months, in wake of concerns over the decline in …

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