[ above is a photo I took in Riyadh, Saudi Arabia] The 12 members of OPEC are Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nige...

I just appeared on CNBC TV Halftime Report. Crude oil prices are headed to $70 per barrel. The last time I was on CNBC, oil (basis WTI) was ...

There is a saying in the oil market that prices always move to a point of "max pain" before there is a change in direction. In oth...

A main point of interest for the oil market is the floor for oil prices. As oil slides toward $75, who hurts first and most on the supply si...

In most parts of the world, when you pull up to the gasoline pump there are two and sometimes three octane choices: regular (lower octane), ...

A few years ago it became popular to say that US oil demand had peaked and would never recover. However, the US DOT just released traffic s...

The US currently consumes around 19 million barrels of oil per day (5% of the world's population consuming 21% of global oil supply...

Oil prices (WTI crude as a proxy) are close to $90 per barrel this morning, down from almost $110 earlier in 2014. $90 is also major trend l...

There were a slew of new sanctions against the Russian oil industry announced this morning by the US and EU. So why isn't oil rallying?...

There was an interesting article today on an oil trader betting that the US tight oil (shale fracking) boom will end soon. The oil market...