Josh Owens

Latest articles from Josh

• Biden's SPR Release Sends Oil Prices Below $100

  Published 01 April 2022 | viewed 17,561 times

  The unprecedented decision by Biden to release 180 million barrels of oil from the country's strategic petroleum reserve over the next six months has sent…

• Mission Impossible: Predicting The Oil Market

  Published 25 March 2022 | viewed 29,124 times

  It's been another very busy week for oil and gas markets as Putin threatened European gas imports, a storm knocked a major oil pipeline offline,…

• Breaking The Gas Tax Could Save Some Pain At The Pump

  Published 17 March 2022 | viewed 6,442 times

  Some states in the U.S. are pausing gas taxes in a bid to rein in prices at the pump, but others are soldiering on without…

• Why Oil Crashed Below $100

  Published 15 March 2022 | viewed 68,444 times

  Reader Update: Oil prices have crashed back below $100 this week despite the ongoing war in Ukraine and a structurally tight market. To fully understand what…

• The Impossible Task Of Keeping Oil Prices Grounded

  Published 01 March 2022 | viewed 8,660 times

  Russia’s invasion of Ukraine and the resultant sanctions have sent oil prices soaring and not even a 60-million-barrel release coordinated by IEA members could stop…

• Cyberattacks On Energy Infrastructure Are On The Rise

  Published 18 February 2022 | viewed 2,459 times

  As many as 35 major cyberattacks on energy and oil infrastructure have taken place since 2017, making up one-third of all cyberattack incidents of the…

• Iran Rises Above Russia On The Oil Market Radar

  Published 18 February 2022 | viewed 10,251 times

  Iran has risen above Russia on the oil market radar due to reports from multiple sources that a new nuclear deal is very close to…

• Don't Mess With Texas: BlackRock Confirms Its Support For Oil And Gas

  Published 17 February 2022 | viewed 6,732 times

  BlackRock will continue to invest in oil and gas firms and is not boycotting the energy industry, the world’s biggest asset manager has said in…

• Oil Prices Fall Back But Bullish Sentiment Remains

  Published 15 February 2022 | viewed 10,142 times

  Oilprice Alert: InnerCircle members will receive the next private placement intelligence letter on Wednesday next week. Tap into a secret world of wealth and receive…

• OPEC Production Problems Push Oil Prices Higher

  Published 11 February 2022 | viewed 25,487 times

  News of an 'imminent' nuclear deal with Iran sent oil prices lower this week, but the reality of OPEC underproduction soon shifted sentiment and sent…

• Optimism Over Iran Nuclear Deal Drags Oil Prices Down

  Published 08 February 2022 | viewed 8,994 times

  Chart of the Week- Largely thanks to a colder-than-average January, European gas stocks are now below 38% of aggregate storage capacity and remain well below…

• OPEC Underproduction Is Driving Bullish Sentiment In Oil Markets

  Published 01 February 2022 | viewed 6,778 times

  Bullish sentiment has taken over oil markets, with long positions outnumbering short positions by 13 to one as OPEC resists pressure to ramp up production.Chart…

• Oil Markets Bullish As Brent Breaks $90

  Published 28 January 2022 | viewed 16,186 times

  Oil markets are looking increasingly bullish as geopolitical risks spike and inventories continue to drain.Friday, January 28th, 2022For the first time in seven years, Brent…

• Stock Market Crash Puts The Brakes On Oil Rally

  Published 25 January 2022 | viewed 8,537 times

  Monday’s stock market crash appeared to temporarily halt the oil price rally, but oil prices began to rebound on Tuesday morning. Chart of the Week-…

• OPEC Confident About Oil Demand Despite Omicron Cases

  Published 14 December 2021 | viewed 3,581 times

  While the IEA believes Omicron will dent global oil demand, OPEC remains confident that demand will continue to bounce back strongly from its pandemic lows.Chart…

• Oil Prices Charge Higher As Bullish Sentiment Builds

  Published 05 October 2021 | viewed 6,664 times

  Following the OPEC+ decision to maintain its production increases at 400,000 bpd per month, very few bearish factors remain in oil markets to keep prices…

• Oil Prices Continue To Climb On Supply Disruptions

  Published 24 September 2021 | viewed 4,791 times

  Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices…

• Oil Prices Under Pressure From China's Evergrande Crisis

  Published 21 September 2021 | viewed 12,837 times

  The potential implosion of China's property market and broader economy sent oil prices tumbling at the start of the week. Energy Market Chart of the…

• Oil Prices Climb As Another Storm Hits The Gulf Coast

  Published 14 September 2021 | viewed 2,743 times

  Just as the Gulf Coast begins to recover from the destruction caused by Hurricane Ida, tropical storm Nicholas has now made landfall and is pushing…

• Oil Remains Elevated After Hurricane Ida Hurts Supply

  Published 03 September 2021 | viewed 3,901 times

  A disappointing U.S. Non-Farm Payrolls report brought oil prices down slightly on Friday morning, but the supply destruction caused by Hurricane Ida looks set to…