The Fuse

Petropolitics

OPEC/MENA

Numerous Signs Point to Iraq Detracting from OPEC Cuts

Despite Iraq's commitment to cutting total crude production, its exports are set to rise, and have already registered a sharp uptick to the United States. Read More

Economics

Is Oil Poised for a Bull Run in 2017?

OPEC has certainly put a floor under the market, but it’s not yet clear how high members can push prices. Oil may simply trade in a range of $45-$60, with shale capping prices on the upside and the cartel's production cuts limiting the downside. Read More

Oil and the Economy

Buck McKeon on U.S. Energy and National Security Interests

Howard “Buck” McKeon is a two-term Chairman of the House Armed Services Committee and current Chairman of the McKeon Group. He served as representative for California’s 25th District from 1993 to 2015. Earlier this month, he spoke to The Fuse about U.S. energy and national security, and the interplay between the two. Read More

Economics

The Fuse: The Top Ten Stories of 2016

In this past year, news surrounding energy security occurred at a dizzying pace, with the 2016 presidential election, major shifts in transportation amid the growth of autonomous vehicles, and OPEC cutting production the major highlights. We’ve covered these topics and more in a variety of stories, infographics, and videos. Here are 10 standout pieces. Read More

Economics

Can Shale Undercut the OPEC-Fueled Price Rally? 

U.S. independent shale companies are starting to step up their spending plans, eyeing a swift return to the shale patch as oil prices rise. Many have revised their capex upward, added rigs, and hedged production forward. Read More

OPEC/MENA

Despite OPEC Rhetoric, Supply Cuts Not Beneficial for Consumers

In just the past two weeks since OPEC announced it plans to cut output, the cartel has significantly altered market sentiment and shifted the oil market outlook for next year. Read More

OPEC/MENA

Capitol Crude: The Hazards of Islamic State Oil

Cross Post: I joined Platts reporters Herman Wang and Brian Scheid to discuss ISIS oil operations, revenues and exports; we also touch on bigger questions like whether or not international prices impact the ISIS market. Read More

Economics

Energy Security Lessons from House of Cards

Compared to other storylines in House of Cards, the energy subplot is not completely out of the realm of possibility. It wasn’t all that long ago the U.S. and global oil markets were in a crisis, with producer countries having outsized power. Read More

Economics

Hedge Funds’ Bullishness on Oil Isn’t Supported by Fundamentals

Whether the current rally has staying power is up in the air, but overall fundamentals suggest otherwise, despite recent ambiguous headlines that have been interpreted as supportive. The rebound has been largely technical in nature, with hedge fund positions exaggerating the price move upward. Read More

OPEC/MENA

OPEC: Breaking Down Naimi’s 'Lack of Trust'

Issues of mistrust among OPEC members date back to the group’s inception, although they have compounded over the years. Throughout the cartel’s history, members have overproduced, in order to sell more volumes and boost revenues, sometimes by excessive amounts, causing widespread suspicion and distrust. Read More

OPEC/MENA

Russia’s Oil Industry Not Designed for Swing Production

Any deal between Russia and OPEC will have to overcome a host of legal, technical, and geopolitical challenges. Read More

Petropolitics

LNG Crucial to Europe’s Energy Security, But Not a Cure-All

In the wake of the crisis and violence in Ukraine, the EU stepped up its search for alternative supply sources to trim its dependence on imported Russian natural gas, but solutions such as imported LNG provide only marginal energy security gains. Read More