Duke Energy To Sell Renewable Energy Assets For $2.8 Billion
The rise of Tesla's dominance…
Saudi Arabia's decision to unilaterally…
Despite the raising of the…
Markets aren’t really buying into Putin’s vague nuclear threats. Putin’s most recent announcement that Moscow may add “preventive nuclear strikes” to its military doctrine likewise has not been…
U.S. benchmark February WTI crude oil futures closed lower for a fifth straight session on Thursday, solidifying a lower close for the week. The market was higher earlier in the…
1. Price of Drilling Continues to Edge Higher Despite Cheaper Raw Materials- According to IHS…
Politics, Geopolitics & Conflict Libya has officially lifted force majeure on oil and gas exploration, hoping to lure international oil companies back to E&P activities. While this decision was based…
As I have said here many times before, institutional traders are like sports talk radio host in that they consistently overreact to every bit of news. Having been there, I…
The transformation of Russian war propaganda indicates that this is no longer about winning in Ukraine, which is–it would seem–no longer a viable goal. The Russians aren’t seeing…
U.S. West Texas Intermediate crude oil futures are up late in the session on Thursday but off its intraday high. Prices have been supported throughout the session by a weaker…
1. Oil Analysts Diverge Ahead of OPEC Meeting- OPEC+ will meet this Sunday to discuss…
Politics, Geopolitics & Conflict The World Cup has managed to become the staging ground for geopolitical rivalries this year, with (most recently) Iran losing to the U.S. and reports then…
One of the things that first attracted me to energy as a sector in which to both trade and invest is that it is an industry in a state of…
At home, Putin needs to be seen to be at war with the United States and NATO - not just Ukraine. This perspective backs the opposition into a…
Turkey continues to be a key beneficiary of Russia’s war on Ukraine. It’s not just eyeing coveted status as a ‘European hub’ for Russian gas, it’s also raking in big…
With energy stocks having bucked the market trend this year, generally going up as the major indices have collapsed, finding bargains in the sector is just about impossible. It seems…
Politics, Geopolitics & Conflict - A missile that hit Poland, near the border with Ukraine, killing two people this week has been walked back from the point of no return,…
In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors.…
U.S. West Texas Intermediate crude oil traded lower on Thursday as the U.S. Dollar soared on hawkish comments from a widely followed Federal Reserve member. Prices were already trading lower…
U.S. West Texas Intermediate crude oil futures closed higher on Thursday after recapturing earlier losses. The catalyst behind the price reversal was milder-than-expected U.S. consumer inflation data. The economic news…
1. Brussels Investigates Traders’ Gas Profit-Making- According to media reports, the European Central Bank…
Politics, Geopolitics & Conflict Iran is offering large amounts of fuel to Lebanon directly, rather than the typical small amounts it has offered in the past through its proxy, Hezbollah.…
I am, as I have said here many times, a contrarian trader by both nature and training. I have been in and around markets for forty years and one of…