OilPrice.com 7 July 2019 The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially with the Islamic Republics’ intentional destruction of a U.S. surveillance drone on June 20. To read more: https://oilprice.com/Energy/Energy-General/Persian-Gulf-Conflict-Could-Send-Oil-Beyond-325.htmlRead More Persian Gulf Conflict Could Send Oil Beyond $325
JWN Energy Group’s Daily Oil Bulletin 20 June 2019 The Notley government’s crude oil curtailment program, backed by the opposition United Conservative Party, to reduce a glut of oil in storage in Western Canada and bolster catastrophic regional prices, was to run from January to December of this year. The program’s sunset clause was predicated […]Read More Alberta’s Crude Curtailment Program Could Be Prolonged Affair
OilPrice.com 13 June 2019 Much has been made of President Vladimir Putin’s recent claim that crude oil prices are acceptable at present levels, and the Russian economy could even weather $40 per barrel. Many oil market “tea leaf readers” have taken this to mean Putin has caved to the demands of his country’s oil oligarchs […]Read More Putin’s $40 Oil Lie
JWN Energy Group’s Daily Oil Bulletin 6 June 2019 “The sky is falling! The sky is falling!” the crude oil price bears are yelling from the woods. To read more: https://www.dailyoilbulletin.com/article/2019/6/6/crude-oil-bears-full-of-bull/Read More Crude Oil Bears Full Of Bull
OilPrice.com 28 May 2019 The International Energy Agency (IEA), OPEC and the U.S. Energy Information Administration (EIA), have consistently and seriously underestimated U.S. oil production, and hence non-OPEC supply, since the Shale Oil Revolution took off in earnest early this decade. To read more: https://oilprice.com/Energy/Crude-Oil/The-Second-Machine-Age-Could-Crash-Oil-Prices.htmlRead More The Second Machine Age Could Crash Oil Prices
JWN Energy Group’s Daily Oil Bulletin 21 May 2019 The Liberal Party is trailing in the polls, and based on history our natural ruling party will do whatever it takes to shore up support prior to the federal election on or before October 21, including throwing Western Canada’s oil industry under the bus yet again. […]Read More Trudeau Minority Government Next?
OilPrice.com 20 May 2019 There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that the leaders of Iran and the U.S. don’t want one. President Donald Trump, who has been remarkably faithful to his campaign […]Read More War With Iran Could Send Oil To $250