Rakesh Upadhyay is a writer for US-based Divergente LLC consulting firm.
Oil has finally found a strong bull in Savita Subramanian, commodity strategist at BofA Merrill Lynch, who believes oil will rally to $54 a barrel…
The Kingdom is struggling with weak GDP growth, higher fees and taxes, and an economy that is unable to pay the dues to its workers,…
India imported 461,000 barrels per day (bpd) of oil from Iran in July—a 110 percent increase over the same period in 2015 and an increase…
The recent drop in crude oil prices has not reflected in the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA: HYG), as shown in…
“Over the secular horizon, Oil prices are likely to remain low,” said the PIMCO’s Global Advisory Board (GAB), while assessing global economic trends, according to…
A deeply troubled global oil industry is cutting production but Russians are defying the trend. Goldman Sachs has forecast Russian crude production to rise to…
British Petroleum, the first oil major to announce results on Tuesday, has reported the lowest refining margins for the April to June period in the…
Capital expenditure cuts of $150 billion for 2016 and 2017 by U.S. exploration and production companies are expected to result in average production losses of…
The global bitumen market is forecast to grow at a Compound Annual Growth Rate (CAGR) of four percent between 2015 to 2020, and the world’s…
China’s ambitious entry into the Canadian oil-sands is not only turning out to be ill-timed, it is turning out to be grossly mismanaged, raising questions…
After having regained 80 percent of its pre-sanction market share, beating all expectations, Iran now plans to double its exports if market conditions improve, according…
Kuwait is going ahead with its proposed privatization plan, which includes offering a stake in its oil sector. Though the dates for the public offering…
Large oil and gas companies seem to be looking at new opportunities to invest, to capitalize on the future growth in oil demand. The confidence…
The oil markets have fallen back from the $50 per barrel mark due to questionable Chinese demand and an expectation of early restoration of supply…
OPEC is no longer functioning as a cohesive group. Is it time for OPEC to finally dissolve? The major oil-producing countries in the world heavily…
Crude oil prices have stabilised near the $50 per barrel mark, leaving traders confused as to whether the next 20 percent move from the current…
Natural gas prices are on a tear, and every small dip is being aggressively bought by the traders. Technically, the current rally should rise to…
With oil prices below $50 per barrel and advances in U.S. shale oil drilling transforming the U.S. into one of the top oil producers in…
Private equity (PE) funds are warming up to the idea of investing in the oil and gas sector, on the prospects of higher oil prices…
The oil rally is facing considerable resistance at the $50 per barrel levels, and hedge funds have closed 63 million barrels of long positions—a reduction…