Alahdal’s Insights

Many players in the oil market learnt an important lesson out of 2014 oil-price-collapse and the oil market downturn, that is; Act Fast and Adapt, which many of…

Back in 2014, Saudi Arabia was leading a market-share war against shale oil producers, the oil Kingdom refused to cut its oil output and led OPEC members -back…

Like I said earlier, oil prices will continue to climb supported by OPEC/non-OPEC oil output cut until it reaches a level high enough to encourage U.S. oil producers…

Heading into 2018, a number of big banks raised their 2018 oil prices forecasts. As usual, among the most bullish is Goldman Sachs. The bank raised its 2018…

Numbers doesn’t lie. A closer look at the oil production of both USA and KSA over a period of one year since OPEC’s oil output deal in Nov.…

Over the last 4 months, US crude oil inventory has been continuously falling, yet no major change to the oil price level has taken place. Since April 12,…

In Preparation for LNG Market Downturn: 2018 for LNG market will be similar to 2014 for the oil market. The only difference is that, back in 2014, no…

More than a month ago, I said “whoever is expecting oil price to go high like old days is going to get hit real bad.” Obviously Andy Hall,…

– Venezuela has the largest oil reserves in the world ( 300 billion bbl ), yet the country is in a complete mess. – Norway has around 5.1…

As US oil output increases, a threat to oil prices sustainability above $50/bbl grows. Last week, US crude oil output increased by 79,000 bbl/day to reach 9,502,000 bbl/d.…

As Baker Hughes reported a decline in US oil rig count by 5 rigs to 763 this week, oil price jumped by more than 3 percent closing the…

What is the main reason for the current downturn in the oil and gas industry? The first answers that come to mind are: Shale oil, OPEC’s decision not…