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December 21, 2024

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Renaissance Oil

NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a…
It’s a mugs game, attempting to divine short term price moves in some of our more geopolitically sensitive commodities. Take gold for example… There’s a whole universe of traders…
Today’s markets are nearly impossible to predict. Take oil for example: The Middle East is a ticking time bomb, and production out of Venezuela, Iran and Libya is plummeting….
Crude oil has been on a tear in recent months, defying the expectations of many in the analyst community, tacking on gains, now consolidating well off the lows witnessed…
In a recent thought-provoking interview with Equity.Guru’s Chris Parry, Brian Williamson, Jericho Oil’s (JCO.V) CEO, reminded us that oil is probably the most geopolitically sensitive commodity there is. He also…
OPEC is cutting oil production. OPEC and some non-OPEC partners—the most important of those being Russia—have agreed to cut oil production by 1.2 million barrels per day as of…
The volatility in oil continues. ‘Manic’ might best characterize trading in recent sessions In a previous offering, we suggested that the $50 level, aside from being a nice round…
In the mining business, “political risk discount” factors in the possibility that a change of government could bugger up a mining project. On July 1, 2018 Mexico elected a…
Talk about having the right address. Renaissance Oil Corp (ROE.V) is currently drilling off its first unconventional well at its onshore Amatitlán block on the Tampico-Misantla super basin in…
Renaissance Oil (ROE.V) is developing a diversified shale and mature fields portfolio in Mexico. Mexico’s state-owned PEMEX lacked the technology and capital to unlock the value of shale.  It…