It is a long time…
A very volatile week for…
Rystad Energy disputes OPEC’s claim…
Politics, Geopolitics & Conflict The conflict in the Red Sea continued unabated this week, with the Houthis targeting Maersk vessels and their U.S. Navy warship escorts through the Bab el-Mandeb…
Next week, most individual investors will be focused on tech earnings. Microsoft (MSFT) and Alphabet (GOOG: GOOGL) will report on Tuesday, followed by Apple (AAPL), Amazon (AMZN) and Meta (META)…
Oil markets are holding their breath over Middle East tensions, unsure of whether to push prices up and ignore supply and demand fundamentals as tensions seem to escalate…
March West Texas Intermediate (WTI) crude oil futures have been oscillating within a narrow $8.00 range, displaying resilience in the face of various market forces. Despite this confinement, the market…
1. US Oil Production Flatlines as Shale Drilling Falters- US unconventional crude supply is
Politics, Geopolitics & Conflict In northern Iraq, an Iranian missile this week targeted what Tehran claimed to be an Israeli spy center in Erbil, the capital of Iraqi Kurdistan. More…
Next week, on Wednesday, January 24th to be exact, Tesla will report their calendar Q4 2023 earnings. For many traders and investors, Tesla’s earnings are big news every quarter but…
Iran breached Pakistani airspace on Tuesday, launching a drone strike across the border into Balochistan, targeting the bases of the Sunni militant group, Jaish Al Adl. The drone…
The crude oil market is currently grappling with heightened volatility, primarily driven by escalating tensions in the Middle East. A notable uptick in oil prices, nearly 1%, was triggered by…
- Iran seized a U.S. oil tanker that had loaded in Iraq and was on its way to Turkey on Thursday. The act was one of retaliation for the U.S.…
If you read my year end review and outlook for oil that was published a few weeks ago, before I went on my somewhat extended holiday break, you will know…
As tensions rock the Middle East, the Horn of Africa is following suit, with the New Year presenting a critical resurgence of Al Shabab, an Al-Qaida affiliate, helped…
Numbers Report – January 05, 2024In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this…
Weekly Performance Summary This week witnessed varied movements in the crude oil market, driven by multiple factors. Oil prices dropped lower on Thursday, impacted by significant increases in gasoline and…
Politics, Geopolitics & Conflict -Protests in Libya that have led to the shutdown of the Sharara oilfield, the country’s largest, are also putting upward pressure on oil prices. Protesters are…
Before I started my holiday season vacation a couple of weeks ago, I wrote a couple of pieces looking forward to 2024. Those pieces focused on oil, which is only…
While Israel is now withdrawing forces from Gaza under pressure to pursue lower-level combat operations, external incidents continue to escalate from Lebanon and Iraq to the Red Sea…
Weekly Overview This week in the crude oil market, Thursday's session concluded with the U.S. benchmark February West Texas Intermediate (WTI) crude oil futures settling lower. Despite this downturn,…
Numbers Report – December 15, 2023 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures…
Politics, Geopolitics & Conflict - The Houthi attacks on merchant vessels in the Red Sea have continued throughout the week, and the U.S. announcement of the deployment of an international…