NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract.
Mexico’s state-run oil sector is no longer and as Pemex partners with international oil explorers, the world is finding out just how prolific the country’s shale basin is.
Renaissance Oil (ROE.V) is developing a diversified shale and mature fields portfolio in Mexico. The timing is fortuitous.
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. One would expect firmer prices, but, instead, we get a violent break to the downside.
Renaissance Oil (ROE.V) reports record annual revenue, confirms potential of commercial play at Amatitlán block
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 last December.
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 reminded us that we haven’t experienced a serious geopolitical shock in over a decade.
The OILs: International Frontier (IFR.V), Renaissance (ROE.V), Jericho (JCO.V), and Permex (OIL.CN) – a Guru Update
The volatility in oil continues. ‘Manic’ might best characterize trading in recent sessions
In the mining business, “political risk discount” factors in the possibility that a change of government could bugger up a mining project.
During the last U.S. election cycle, Candidate Trump promised the American people lower gas prices by deregulating the local Oil & Gas industry and lowering environmental standards.