The Daily Dose

-Oil sector players are stepping into the unknown. -In the midst of economic collapse, Shell is still spending money. The level of resiliency necessary to make it through the pain in the oil market is not yet clear. That was the message Friday from oilfield services company Schlumberger, which joined its producing counterparts by announcing … More The Daily Dose

The Daily Dose

-Production restraint has offered zero support for the price of oil -Once it’s gone, it’s gone, the US energy secretary suggests. So far, it seems the breakthrough deal among the world’s major oil producers did little to prop up the price of oil. Production restraint provides little support at a time when many segments of … More The Daily Dose

“A nightmare of global organization.”

Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT OPEC+ arrangement a victory in rhetoric only. Energy Intelligence forecasts swift declines outside the OPEC group. Looking at US hegemony as the effort to contain the spread of communism collapsed in Vietnam in … More “A nightmare of global organization.”