Cash today, oil tomorrow

Cash today, oil tomorrow

Venezuela has offered up an ownership stake to Russia for nine of Venezuela’s most productive oil projects.  Negotiations began early in the year between Venezuela’s state-owned oil firm, Petroleos de Venezuela (PDVSA) and Russia’s state-owned oil company, Rosneft. ...
Algorithms confound long-time oil traders

Algorithms confound long-time oil traders

Oil markets continue to puzzle followers, and investors and energy analysts, along with us at TAG Oil, are always looking for the root causes. As energy analysts are saying—based on fundamental information—prices should be rising.  But even with OPEC announcing cut...