An emerging discrepancy in oil storage numbers makes the reported oil glut seem vastly overstated.
While there’s near unanimous agreement on half the Paris climate deal, the other half is contentious.
If you want to gauge the genuine pulse of the financial world’s view on all matters surrounding oil, come to Paris.
Recent moves in the energy sector appear to be undermining the just-negotiated OPEC oil deal, but appearances can be deceiving.
Rising demand and crumbling energy infrastructure won’t just leave billions living in the dark.
What a difference a few days can make for oil.
Earlier last week, oil was drifting down under the weight of doubts about the rumored OPEC oil deal. Then, on Wednesday, several OPEC oil ministers announced that they’d agreed to cap production.
Next week’s OPEC-Russia meeting won’t free crude from its tight trading range.
TV pundits busy rehashing oversupply mantras are ignoring that range-bound oil is close to breaking free.
Kent’s oil price prediction of mid-$50s by the end of this year is holding firm. Two new signals are supporting the gradual uptrend.
Some of the most closely watched events at the upcoming International Energy Forum meeting in Algiers will be the “side-bar” conversations between OPEC members and other non-OPEC producers.