China goes shopping
With circa $1.5 trillion in foreign reserves, Beijing is taking advantage of low oil prices Continue Reading
Briefs week of February 23, 2009
Mexico’s state-owned oil company PEMEX said crude output fell 9.2 percent in January as its Continue Reading
Quote of the Week
“If the question is, what is Pemex going to do in the short-term to prevent Continue Reading
The Eventual Rebound
The Eventual ReboundThere is growing recognition that cheap ($40 a barrel), plentiful oil is not going Continue Reading
Venezuela
The situation in Venezuela apparently took a turn for the worse last week and may Continue Reading
Briefs Week of February 9, 2009
As development of the Canadian oil sands “stagnates,” capital investment over Continue Reading
Quotes of the Week
“If we don’t do anything, we are going to be importing 75 percent of our Continue Reading
Production and Prices
Oil prices climbed as high as $48 on Monday, collapsed to the low $40s on Continue Reading
Obama’s stimulus
The American Recovery and Reinvestment Plan currently making its way through the Congress contains, among Continue Reading
Venezuela
Of all the oil exporting countries, Venezuela appears to be suffering the worst consequences from Continue Reading