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About this blog

I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.

I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.

Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.

Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.

My website where I analyse data that really matters

Entries in this blog

 

Oil prices slip below $61 on rising dollar and upcoming OPEC meeting

Oil is poised to close out a fourth quarterly advance on Wednesday, but the past week has seen volatility climb amid the Suez Canal blockage. While fuel consumption is rising in many parts of the world, risks remain, with the head of the U.S. Centers for Disease Control and Prevention warning of “impending doom” as cases and deaths in the country pick up. View the full article
 

Two crewmen killed in oil tanker attack off Oman coast

A Romanian and a U.K. citizen died on the 600-foot oil tanker Mercer Street when the vessel came under attack on Thursday while sailing from Tanzania’s Dar es Salam to Fujairah in the United Arab Emirates, said Zodiac Maritime Ltd., the manager of the tanker. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

WallStreetBets vs HedgeFunds: when will this game end?

The stage is set for an epic show; the battle lines are drawn. People across the world, some of who have never been bothered about stock markets or investors for that matter, are watching the duel between the hedge funds and the WallStreetBets, the Reddit group that grabs headlines this week, for variety of reasons. In the profile picture of the WallStreeBets, a gentleman resembling President Trump, is making coded gestures, perhaps in the form of a rallying cry, while remaining in charter
 

Dozens killed in Islamic State raid near Total Mozambique LNG project

It’s the latest in a series of incidents that are undermining the southern African country’s hopes of developing some of the continent’s biggest private investment projects. As much as $120 billion of investments by Total, Exxon Mobil Corp. and other companies may be approved by 2026, according to Standard Bank Group Ltd. View the full article
 

Oil Price: has it become static - finally?

Oil price that has been rising for the past few weeks, judging by the above chart, shows signs of becoming static – finally. Neither the cut in output by the OPEC+ nor the significant drop in crude oil stockpiles moved the price up, buckling the widely-anticipated trend. Do the investors know something that is not depicted by these charts that we do not know? It remains to be seen. Of course, the Coronavirus infections show no sign of abating; there is no heighted alarm among the
 

Shell courts multiple suitors for its $10B Permian shale portfolio

Devon Energy and ConocoPhillips are among potential suitors studying Royal Dutch Shell's portfolio of Permian Basin oil fields, which could be worth as much as $10 billion in a sale, people familiar with the matter said. Chevron is also among companies considering bids for the assets, which are largely located in West Texas, the people said. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

Fate of Oil and Gas Sector in Myanmar

Myanmar, formerly known as Burma, that used to enjoy relative stability with a fragile democracy, started grabbing headlines again for all the wrong reasons. After days of speculation about a coup attempt by the powerful military, on Monday, it just went ahead with what it had been planning for weeks, if not months. With a series of early-morning raids, it detained the elected ruling members including the most famous of them all, Aung San Suu Kyi, citing the irregularities in the elect
 

Shell lost its case in The Hague; but, Nigeria has even a bigger shell to crack to shore up its economy

A Dutch court ordered a Nigerian subsidiary of the oil giant, Shell, last week to compensate for the damage caused by oil spills to local farmers on its watch in the oil-rich Niger Delta region, in 2013. The unprecedented ruling will have server repercussion for the international oil companies, which work in Nigeria – and beyond its borders. Shell had been denying the allegation that it was responsible for the oil spills that ruined the livelihood of farmers living in the region; inste