OPEC and India are stoking bullish sentiment

Crude oil prices bottomed out with the stock market on Christmas Eve 2018 at a low of $42.36 per barrel and have been rising consistently ever since. According to Investopedia, Investors seem to be revising their global economic growth estimates higher, and this is creating bullish pressure on the demand side of crude oil’s supply-and-demand […]

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Europe is entering its golden age of gas

In a 2011 report, the International Energy Agency (IEA) asked a provocative question: are we entering a golden age of gas? At the time, U.S. shale gas production was surging and new fields were coming online around the globe, encouraged by high oil prices. Gas, it seemed, was poised to “play a far more prominent role […]

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