oil

By Win Thin Recent developments in Iran are worth discussing.  We feel that with Middle Eastern political risk on the rise lately, Iran is more likely to have the largest impact on global markets, while escalating tensions between Syria…

I spoke on the panel of a conference that backed into a keynote address by Dennis Gartman. I thought he had a lot of interesting things to say, a lot of which I agreed with. The basic theme of his talk - and this was an investing in…

By Frederick J. Sheehan Editor's Note: Edward Harrison will be writing about the logic others feel support he other side of this trade based on views that Deniis Gartman espoused at an investment conference earlier today.  Frederick J.…

Editor's note: the price plateaus mentioned in this article are all in nominal terms. When using inflation-adjusted prices, prices have still risen dramatically, though less dramatically. By Marin Katusa, Chief Energy Investment Strategist…

Editor's note: As controversial as the subject of peak oil is, the comments about global warming and other environmental problems are equally controversial. This site does not subscribe to the view that global warming concern is overblown…

The US consumer can't catch a break. As if rising food prices weren't enough - with corn prices at record highs and other food prices expected to move higher next year - we now also have a sharp increase in gasoline prices.

Scarcity is a powerful force and it leaves those in control of limited resources wielding great power. We think a scarcity of uranium will increase Russia's power; control over some of the last big, easy oil deposits has earned Saudi Arabia…

One of oil's most important characteristics is its fungibility, which means that a barrel of refined oil from Texas is equivalent to one from Saudi Arabia or Nigeria or anywhere else in the world. The global oil machine is built upon this…

In addition to the hole left by the Iran sanctions, the Saudis are pressured to pump more in order to meet their own rising domestic demand. This is putting strains on OPEC's spare capacity.

There is some evidence that recently discovered shale oil fields cannot be successfully exploited at prices under $100 a barrel.