Danger Of An Anti-Fracking U.S. President

JWN Energy Group’s Daily Oil Bulletin 10 February 2020 Results from the Democratic Party’s presidential caucus in Iowa may be muddled, but it is crystal clear that two of the front runners for the nomination, Senators Bernie Sanders and Elizabeth Warren, will do all in their power to shut down the U.S. shale industry if […]

Is Libya Rope-A-Doping Global Oil Market?

JWN Energy Group’s Daily Oil Bulletin 27 January 2020 Market players have been extremely blasé about the large disruption to Libyan oil output since January 19, with the price of international marker Brent crude actually dropping more than two dollars a barrel … Hence, an extended loss of Libyan light, sweet crude, either now or […]

Soleimani’s Death Increases Probability Of Another Oil Shock

JWN Energy Group’s Daily Oil Bulletin 8 January 2020 The assassination of Iranian Quds Force commander Qasem Soleimani was a brilliant move by the Trump administration, if its goal is regime change. To read more: https://www.dailyoilbulletin.com/article/2020/1/8/soleimanis-death-increases-probability-of-another-/

A Crude Oil Price Surprise For 2020?

JWN Energy Group’s Daily Oil Bulletin 16 December 2019 Saudi Arabia rode to the rescue of crude oil prices yet again by pushing through 500,000-bbl-day of additional output cuts for the first quarter of next year. This was reportedly after putting the price war gun to the heads of fellow OPEC+ members, especially laggards to […]

Encana Domicile Move Wake-up Call For New Trudeau Government?

JWN Energy Group’s Daily Oil Bulletin 11 November 2019 The Canadian flag is flying at half-mast in Calgary with Encana Corporation’s Oct. 31 announcement that it is planning to domicile in the U.S. and change its name to Ovintiv Inc. The Canadian oil and gas industry has been pummeled since crude oil prices crashed in […]

Oil Industry Could Prosper Despite Trudeau Minority Government

JWN Energy Group’s Daily Oil Bulletin 23 October 2019 Prime Minister Justin Trudeau and his Liberal party may have won a strong minority mandate on Oct. 21, following four-years of majority rule, but this does not mean the sky will continue to fall for the western Canadian oil and gas industry. It partly depends on […]

Drone Revolution Threatens Eastern Canadian Oil Imports

JWN Energy Group’s Daily Oil Bulletin 30 September 2019 The precedent set by the extremely successful drone and cruise missile attack on Saudi Arabia’s Abqaiq oil processing plant and Khurais oilfield on Sept. 14 has tremendous implications for eastern Canadian oil security. To read more: https://www.dailyoilbulletin.com/article/2019/9/30/drone-revolution-threatens-eastern-canadian-oil-im/