So, let me start this week’s column with a frank admission: I was wrong. Well, not totally. I gave the possibility of an OPEC freeze less than a 20% chance...
Even before the preliminary OPEC freeze agreement, Bloomberg reported that the oil industry is ready to start adding some CAPEX next year. According to Blomberg, companies will increase spend by about...
In the build up to the informal OPEC meeting in Algeria this week, markets made a substantial ado about the likelihood of an agreement to freeze production. We even published...
One of the more interesting parts of the downturn has been what, if any, effect low oil have had on the U.S. economy. On October 01, 2014, WTI closed the day...
Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major...