Rakesh Upadhyay is a writer for US-based Divergente LLC consulting firm.
Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive…
One might think that a ratings cut would hurt a supermajor, but when Standard & Poor's Ratings Services recently downgraded Exxon Mobil’s AAA rating to…
The International Monetary Fund (IMF) has projected a whopping $500 billion loss in revenue for the Gulf nations in 2016, which is 30 percent more…
Are you tempted by nice dividends such as BP’s 7.53 percent and Shell’s 7.31 percent? Long-term investors are. They’re lapping up the oil majors on…
Saudi Arabia single-handedly scuttled the Doha meeting, knowing all along that Iran would not participate, with a valid reason. The Russians and others agreed to…
The Doha meeting turned out to be a complete wash, but still, the rumour and expectation leading up to the meeting produced a massive rebound…
The stage is set for Sunday in Doha, with the world keenly watching the outcome. The traders’ week will start a day in advance, staring…
Large oil trading companies such as Vitol have earned record profits in 2015, proving that they can profit regardless of prevailing trends. The numbers speak…
OPEC-member Angola, which is dependent on oil for 95 percent of its export revenues, is facing an urgent cash flow problem, and the only way…
Iran is exploring options to construct a floating liquefied natural gas (FLNG) facility, which it plans to use for exporting natural gas to Europe. The…
Natural gas ended March 2016 with almost a 14 percent gain, but lost 16.2 percent for the quarter, and the gut-wrenching volatility in this market…
Though Saudi Arabia’s plan of a $2 trillion fund exudes power and confidence, raising a megafund of that size is practically next to impossible, unless…
The actions and intentions of Saudi Arabia and Russia—the two largest oil-producing nations attending the Doha meeting on 17 April—have dashed all hopes of any…
At a time when the Saudis are desperately trying to hang on to their dwindling market share, it is intriguing to consider exactly why Russia…
Europe’s trading giants Guvnor and Vitol have organized their first shipments of gasoline to Iran as they vie for Iranian market share in the early…
After suffering large losses in 2014, trying to find a bottom in crude oil, the hedge fund industry wizened up: In 2015, it reduced its…
As the current oil price crisis leads to some game-changing upheavals in the global energy market, Asia’s two powerhouses, China and India, are taking advantage…
If oil prices hadn’t started on their downward spiral in mid-2014, shareholders would have seen almost $7.5 billion more income than they will see this…
The major beneficiary of the 54 percent jump in oil prices from the lows of $26 per barrel is the U.S. shale oil industry, which…
Crude inventory data from the Department of Energy (DOE) has the tendency to cause massive volatility in today’s market, with prices hovering perilously close to…