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OPEC: Let the Bickering Continue

Date: 20 May 2016

The next OPEC meeting on 2 June will act as little more than a forum for continued altercations between Saudi Arabia and Iran.  The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

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The Oil Glut Courtesy of...China?

Date: 4 May 2016

Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive 787,000 barrels a day in the first quarter of 2016—the highest stockpiling rate since 2014.

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Overcoming Saudi Arabia's Oil Dependency

Date: 27 April 2016

On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course of its history. The "Vision for the Kingdom of Saudi Arabia" could radically transform Saudi Aramco, the Saudi economy, and the country's social structure. 

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More than (Model) 3 Reasons to Talk about Lithium

Date: 20 April 2016

The unveiling of Tesla’s Model 3 electric car was no less than the lifting of the final curtain on a game-changing energy revolution. In addition, if we follow that revolution to its core, we arrive at lithium—our new gasoline for which the feeding frenzy has only just begun.

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Surprise! Lithium is Expensive

Date: 14 April 2016

Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—are poised to continue on its upward trajectory, becoming the world's new gasoline and earning the moniker of "White Petroleum". In addition, the battle for market share in and around this commodity has everyone from major tech players to trend-setting investor gurus vying for a foothold.

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An Expert Weighs in on $85 Oil...this Year?

Date: 8 April 2016

After a 50 percent rally in oil prices between February and March, crude has retreated a bit as of late. The upcoming OPEC-Russia meeting in Doha looms over the markets, but few expect the outcome to have any material impact on supply and demand. Global supply still exceeds demand, but there are solid signs that the overhang is finally starting to ease. Storage levels are high, but are expected to come down.

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Is the Oil Rally Over?

Date: 24 March 2016

Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. However, the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase.

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Oil's Inventory Problem

Date: 17 March 2016

Oil prices have shown signs of life over the past few weeks, as production declines in the U.S. raise expectations that the market is starting to adjust. As a result, Brent crude recently surpassed $40 per barrel for the first time in months.

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Can Oil Prices Find a Happy Medium?

Date: 1 March 2016

What if I told you that there was a period in history where oil demand declined by 5 million barrels per day and non-OPEC supply increased by 5 million barrels per day, yet oil price rallied more than 50 percent? Would you believe me? If your answer is yes, then you guessed right. This was the period from 1979 to 1985.

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Lithium as the 'New Gasoline'

Date: 25 February 2016

With lithium prices skyrocketing beyond wildest expectations, talk heating up about acquisitions and mergers in this space and a fast-brewing war among electric car rivals, it's no wonder everyone's bullish on this golden commodity that promises to become the "new gasoline".

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Oil's Cold War

Date: 24 February 2016

This is a financial cold war—nothing more, nothing less.

While there are billions of reasons to cut output, and every major producing country is reeling from the loss of revenues, some are weathering the current bust better than others are, but the devil is in the details, and the details contain tons of variables.

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Has a Russia-Saudi Arabia Breakthrough Occurred?

Date: 4 February 2016

In recent days, signs of a possible breakthrough in the yearlong standoff between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC's dominant member, has long insisted OPEC (read Saudi Arabia) would not reduce output to balance supply and demand absent corresponding cuts from non-OPEC members (read Russia), while Russia has consistently insisted harsh climactic conditions prevent Russian producers from reducing output and in any case Russia insists it could withstand low prices as well as any other country.

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Energy Sector Fans, Don't Despair

Date: 27 January 2016

Oil inventories will continue to rise, but the momentum is slowing.  The following are some observations as to how we got here and how we're going to get out.

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Weighing in on Oil in 2016

Date: 25 January 2016

Oilprice.com recently spoke with Carl Larry, Director of Oil and Gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to get his thoughts on the state of oil in 2016.

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OPEC's 2040 Oil Price Estimate is Sky High, but also Bearish

Date: 30 December 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs.  The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past.

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Reindeer or Oil: Santa Decides

Date: 17 December 2015

Every year around the world, hundreds of millions of children wait anxiously for Santa Claus to arrive and bring presents and good cheer. But what if Santa never came? What if this year the reindeer all fall ill, perhaps due to Crazy Reindeer disease (the analog to Mad Cow) and Santa is forced to cancel Christmas? The result would be devastating. 

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