The impact of Shell cutting its dividend can be seen from so many angles. A 70+ year record, dating back to the Second World War, for maintaining dividend payments,...
Oil & Energy
Everyone thinks the markets crashed because of the virus. I think that’s overly simplistic and limited, but does it matter? If they’ve swallowed that narrative, then once the virus...
Firstly, I hope you are well and taking sensible precautions. Panic does no one any good, but nor does complacency. You can be paranoid and wrong a million times,...
“This is the best goddam drill the army’s ever put on!” – US Navy sailor at Pearl Harbor after the explosions began The bull market is dead. Long live...
The largest and most profitable company in the world, Saudi Aramco, is going public with the biggest IPO in human history since Ugg secured funding for Ugg & Sons...
Global stocks rose today after reports broke of a preliminary Brexit deal between the EU and UK. (Preliminary, in this case, means: “Never going to happen, but it’s nice...
Nearly two weeks ago, Saudi Arabia was hit by a well-planned drone attack, cutting the nation’s sizable oil output in half! While governments around the world undertook investigations to...
Are you ready for the possibility of $100 oil? This weekend, drone attacks against two critical Saudi oil production facilities produced extensive damage. The attacks took out roughly 5.7...
Uranium is (still) just about the world’s most hated commodity. From a peak of almost $140 per pound in June 2007, the price is now about $28 per pound....
This isn’t supposed to happen. By now, say many pundits, the world should have moved into ‘post-oil’ mode. But it certainly hasn’t. Global oil production is presently some 100m...