As you may know from reading this blog , oil prices look like they will trade as high as US$95 before year end which will result in OPEC inc...

A great story by Brian Baskin in the Wall Street Journal about the financial risks involved in storing oil. While storing oil on an opportu...

The chart above (Chart 1) puts this week's bearish US oil inventories (released each Wednesday) in perspective. Oil prices dropped by US...

Ahead of OPEC members meeting Wednesday September 9 in Vienna, it is worth taking stock of why OPEC has no choice but to refrain from making...

(chart 1: model based on tanker data. click to enlarge) Floating inventories should typically decline as demand picks up seasonally moving ...

As expected today, OPEC members decided not to change output and crude oil ( NYMEX WTI ) hit a new high for the year of $65.44. Some have s...