Posts In Category

Alahdal Blog

Alahdal Blog

One of post 2014 new oil market trends; an inverse relationship between US crude oil production and oil prices has been established. This relationship will continue to strengthen and US oil production will play a major role in the oil price direction ahead.   https://www.linkedin.com/feed/update/urn:li:activity:6346341491610345472

Read More
Alahdal Blog

Oil price has been getting a lot of support both from; positive market sentiment that is boosting investors’ confidence as OPEC reported increased compliance with its production cut and the reported declines in US crude oil and gasoline inventories and rig count. On the OPEC side: the oil cartel led

Read More
Alahdal Blog

Oil has more support to maintain its current level this week despite today’s pressure coming from data that showed a slow refining activities in China. US crude inventories and oil production are also expected to decline again this week giving more support to oil price on the second half of

Read More
Alahdal Blog

Apparently, there is a growing trend of replacing majors’ CEOs coming from the upstream side of O&G business with new ones coming from the downstream side. Following its 3 sisters (Shell, ExxonMobil & Total), Chevron now planning to replace its CEO John Watson and appoint head of midstream and development

Read More
Alahdal Blog

Oil price is set for a positive week ahead. Support to oil price this week will come from last week’s decline in US oil rig count, the fall in US crude oil production and gasoline stocks, as well as the slide in the greenback after the Fed’s Yellen made no

Read More
Alahdal Blog

When you are experiencing the downs: – Accept it, it is part of the cycle of life, – Get over the state of denial fast, – Don’t waste your time, – Manage the change well, – Stay positive, don’t lose hope, – Find your purpose, focus on the long term,

Read More
Alahdal Blog

Unless Libya and Nigeria join the other OPEC and non-OPEC countries in cutting their oil output, and OPEC puts strict measures to ensure the compliance of the participating countries with the agreed oil output cuts, the support of OPEC output cuts deal will continue to deteriorate. But that is not

Read More