JWN Energy Group’s Daily Oil Bulletin 27 March 2020 The first two articles in this series explained the rationale for Russian President Vladimir Putin’s oil price war, the second article in more detail than the first. Before delving into three major wildcards that could impact Putin’s price war, both in a positive and negative manner, […]Read More Oil Price War 4.0 Series Part 3 – Major Wildcards
JWN Energy Group’s Daily Oil Bulletin 23 March 2020 In the first of the Oil Price War 4.0 series, it was argued in a general sort of way that Russian President Vladimir Putin’s price war would likely be longer and deeper than the three previously started by Saudi Arabia. In this article, I will delve […]Read More Oil Price War 4.0 Series Part 2 – Clash Of The Oil Titans
JWN Energy Group’s Daily Oil Bulletin 18 March 2020 I have worked as a world oil analyst during all four crude oil price wars since the creation of the Organization of the Petroleum Exporting Countries (OPEC) in 1960, having started my career at the Alberta Petroleum Marketing Commission (APMC) in the mid-‘80s. Based on what […]Read More Oil Price War 4.0 – Longer and Deeper?
JWN Energy Group’s Daily Oil Bulletin 27 February 2020 Phil Fontaine, living legend and former three-term national chief of the Assembly of First Nations (AFN), has said on numerous occasions that reconciliation is not possible without narrowing the economic gap between Indigenous peoples and the rest of Canadians. The federal Liberal government is well on […]Read More Economic Reconciliation The Wrong Way
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 […]Read More Danger Of An Anti-Fracking U.S. President
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 […]Read More Is Libya Rope-A-Doping Global Oil Market?
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-/Read More Soleimani’s Death Increases Probability Of Another Oil Shock
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 […]Read More A Crude Oil Price Surprise For 2020?
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 […]Read More Encana Domicile Move Wake-up Call For New Trudeau 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 […]Read More Oil Industry Could Prosper Despite Trudeau Minority Government