Oil Faces Existential Crisis As Mother Nature Finds A Way
Headlines around the outlook for crude continued to deteriorate on Monday, as OPEC chimed in with a weaker demand outlookContinue Reading
Category: OPEC
‘The Worst Is Over’: OPEC+ Deal Lines Up With Record China Oil Imports
“…today more than ever it is important to adhere to 100% compliance”.
Blown-Up Risk Models And Decimated US Drilling: Insane Week In Oil Leaves Trail Of Destruction
Historical precedent is no longer useful.
‘Lights Out’: Oil And Gas ‘Suddenly Becomes A Hobby’
We’ve entered a not-so-brave new world, that’s for sure.
In Surreal Oil Market, Nomura’s McElligott Asks: ‘What Is The Utility Of The Futures Contract Itself?’
When abstraction collides with the tangible…
Oil-Crazy Retail Investors Maxed Out USO ETF In Likely Wrong-Headed Bet
“Well the first thing you know ol’ Jed’s (not) a millionaire…”
‘We’re Going To Hear About Crazy Losses’: Epic Oil Wipeout Poised To Ripple
The historic wipeout in oil rolls on – figuratively and literally.
‘Devastating’: Oil’s Epic Wipeout Begets A Sad Fatalism
“This is a great time to buy oil”, the president added.
Oil Is All To Hell And ‘Negative Prices Are Possible’
“Oil price is not like an equity price”.
‘Black April’ And ‘The Worst Year In The History Of Global Oil Markets’
“…demand in 2020 will fall by 9.3 million barrels a day, erasing almost a decade of growth.”
Saudis Declare OPEC+ ‘Up And Alive’ After Mexican Standoff, But Demand Still ‘Down And Dead’
“We’re more than happy with the deal.”
