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Uncertainty Surrounds Oil Demand Growth In 2024

Uncertainty Surrounds Oil Demand Growth In 2024

There is plenty of uncertainty…

The U.S. May Reimpose Sanctions On Venezuela

The U.S. May Reimpose Sanctions On Venezuela

The U.S. recently lifted sanctions…

Global Energy Alert

Iran Responds To Israeli Threat By Test-Launching Ballistic Missile

Iran Responds To Israeli Threat By Test-Launching Ballistic Missile

May 26, 2023 at 06:44 | Editorial Dept

Politics, Geopolitics & Conflict Iran’s response to an Israeli threat to take unspecified action against Tehran’s nuclear program was to test-launch a ballistic missile on Thursday, demonstrating a 2,000-km range…

A U.S. Default Is Unlikely, But So Is An Oil Rally

A U.S. Default Is Unlikely, But So Is An Oil Rally

May 26, 2023 at 06:41 | Editorial Dept

This week, as the deadline for reaching an agreement on raising the US debt limit approached, the ratings agency Fitch announced that they were placing the AAA debt rating of…

Putin Has Lost Control Of The Wagner Group

Putin Has Lost Control Of The Wagner Group

May 26, 2023 at 06:39 | Editorial Dept

Putin has failed to temper Prigozhin, the head of Russia’s private mercenary group, Wagner. In fact, Prigozhin is now becoming a global household name, finding himself in the…

Bearish Sentiment Keeps Traders From Going Long On Crude

Bearish Sentiment Keeps Traders From Going Long On Crude

May 19, 2023 at 05:33 | Editorial Dept

The June WTI crude oil futures contract witnessed fluctuations throughout the week, responding to various factors. Despite solid U.S. economic data that fueled a stronger dollar and raised expectations of…

Oil Majors Face Tough Choices Ahead Of Shareholder Meetings

Oil Majors Face Tough Choices Ahead Of Shareholder Meetings

May 19, 2023 at 05:31 | Editorial Dept

1. OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment- OPEC+ compliance with its collective targets keeps…

Russia And Iran Plan To Challenge The Suez Canal With New Trade Corridor

Russia And Iran Plan To Challenge The Suez Canal With New Trade Corridor

May 19, 2023 at 05:28 | Editorial Dept

Politics, Geopolitics & Conflict While the battle rages on in Sudan between the military and a paramilitary group called the Rapid Support Forces (RSF), the big question for oil market…

Why The Market Didn't React To The Latest SPR News

Why The Market Didn't React To The Latest SPR News

May 19, 2023 at 05:25 | Editorial Dept

On Monday, the US Department of Energy announced that it will begin buying crude oil to restock the Strategic Petroleum Reserve (SPR), the level of which hit a multi-decade low…

Why Erdogan Is Expected To Win Turkey's Presidential Runoff

Why Erdogan Is Expected To Win Turkey's Presidential Runoff

May 19, 2023 at 05:23 | Editorial Dept

With Turkey’s presidential and parliamentary elections heading into a run-off vote on May 28th, Erdogan has the new god of selective censorship (Elon Musk on his Twitter throne)…

How to Play A Potential Bounce In Natural Gas

How to Play A Potential Bounce In Natural Gas

May 12, 2023 at 13:06 | Editorial Dept

Over the last year or so, probably the most spectacular move in any energy-related market has been the collapse of natural gas (NG). The price of front-end futures in the…

A Plethora Of Bearish Factors Push Oil Prices Down

A Plethora Of Bearish Factors Push Oil Prices Down

May 12, 2023 at 09:30 | Editorial Dept

On Thursday, US benchmark West Texas Intermediate crude oil prices experienced a 2% decline, reaching a one-week low. The drop then continued on Friday morning. This drop can be attributed…

Global Investment In Oil And Gas Soars

Global Investment In Oil And Gas Soars

May 12, 2023 at 09:28 | Editorial Dept

1. Canada Wildfires Curb Gas Output- Canada’s ongoing state of emergency that was triggered by…

Syria Rejoins The Arab League After A 12-Year Absence

Syria Rejoins The Arab League After A 12-Year Absence

May 12, 2023 at 09:24 | Editorial Dept

The Arab world has welcomed Syria back into the fold; specifically, by readmitting the Assad regime into the Arab League, from which it was evicted 12 years ago.…

Oil Prices Plunge As Bearish Sentiment Builds

Oil Prices Plunge As Bearish Sentiment Builds

Apr 21, 2023 at 09:22 | Editorial Dept

U.S. West Texas Intermediate crude oil futures plunged on Thursday, reaching their lowest point since late March. The move also turned the market lower for the week. Crude oil is…

The Permian Is Set For A Wave Of Massive Deals

The Permian Is Set For A Wave Of Massive Deals

Apr 21, 2023 at 09:20 | Editorial Dept

1. Recession Worries Wipe Out Most of OPEC+ Upside- Oil prices have been sliding for…

Sudan On The Brink Of Civil War

Sudan On The Brink Of Civil War

Apr 21, 2023 at 09:18 | Editorial Dept

Politics, Geopolitics & Conflict Fighting continues to rage in Sudan (it’s been a week) in what is looking increasingly likely to descend into a civil war, with a powerful paramilitary…

How To Trade Earnings Season

How To Trade Earnings Season

Apr 21, 2023 at 09:16 | Editorial Dept

Over the next week or so, we will see quite a few significant energy companies’ Q1 earnings reports, culminating in the big two, Exxon Mobil (XOM) and Chevron (CVX), who…

Can Natural Gas Keep Erdogan In Power?

Can Natural Gas Keep Erdogan In Power?

Apr 21, 2023 at 09:14 | Editorial Dept

Turkish President Recep Tayyip Erdogan hit the jackpot with a recent natural gas discovery in the Black Sea. Now he is offering up free gas in the biggest…

Oil Prices Rise As Traders Brush Off OPEC Demand Warnings

Oil Prices Rise As Traders Brush Off OPEC Demand Warnings

Apr 14, 2023 at 09:20 | Editorial Dept

Crude oil closed lower on Thursday after an OPEC report raised concerns about summer demand, encouraging traders to book profits after the market failed to follow through to the upside…

Chinese Oil Imports Spike

Chinese Oil Imports Spike

Apr 14, 2023 at 09:18 | Editorial Dept

1. Chinese Oil Imports Soar to New Highs- Chinese crude imports…

Leaked Intelligence Shows Waning U.S. Influence In The Middle East

Leaked Intelligence Shows Waning U.S. Influence In The Middle East

Apr 14, 2023 at 09:15 | Editorial Dept

Politics, Geopolitics & Conflict The purported U.S. intelligence leaks that were mysteriously been floating around social media for a month (possibly longer) before being detected speak volumes in one particular…

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