Analysts from Standard Chartered have…
Call options are currently trading…
Major North Sea oil-producing countries…
Record breaking natural gas and electricity prices in Europe could be the harbinger of increased volatility in global commodity markets, according to Goldman Sachs. “European energy pricing…
The surge of the Delta variant around the globe is set to partially delay oil demand recovery into the next year when robust economic growth and stronger recovery in fuel…
The oil sector has lately been hogging the limelight after a spectacular recovery that has set the sector as one of the top performers in the current year.…
In search of higher prices, shale oil producers have reined in upstream capex over the last couple of years. Before 2019 they were focused on ever-increasing incremental production…
It was only a matter of time, really. Ever since a Dutch court ordered Shell to cut its carbon emissions by 45 percent by 2030, it opened the…
The number of oil and gas rigs in the United States rose by 6 this week, according to Baker Hughes—after falling by 11 last week. The total rig count is…
Bullish sentiment appeared to return to markets on Friday morning as a combination of supply disruptions and an apparent detente between the U.S. and China gave oil markets hope.
After commencing exploration drilling in offshore Guyana in 2015 the world’s second largest publicly listed oil company by market cap ExxonMobil experienced stunning success
U.S. oil demand continues its upward trajectory—reaching a record high last week--while product inventories have fallen to the lowest levels in three years. If the demand…
Yesterday, the ECB announced that in Q4, it would "modestly lower the pace of net asset purchases under the PEPP than…
Hurricane Ida has left a lasting wake of destruction and chaos along the Gulf Coast. The hurricane, which was a category 4 storm when it initially made landfall…
As the latest strong storm that passed through the U.S. Gulf of Mexico showed, hurricanes are testing the resilience of offshore oil and gas facilities and pipelines.
The European electricity market is in crisis as a perfect storm is driving up prices to ever greater heights. The timing couldn't have been worse as countries across…
After recent announcements of new developments in Iraq by several oil majors, the country appears to be rebounding strongly from the coronavirus pandemic, looking to maintain its reputation…
1. Global Supply Bound to Overtake Demand Next Year- The US Energy Information Administration revised…
When trading, it is easy to get caught up in the feeling that you must always have a view. There are stories told and movies made about traders who see…
OPEC could revise down its forecasts for global oil demand in 2022, in view of the increased uncertainty with the Delta variant, two OPEC+ sources told Reuters on Friday.…
California's power grid transition to renewable energy sources appears to be backfiring. The push into clean energy is not producing enough power to meet demand during hot summer days, and…
U.S. West Texas Intermediate crude oil futures are trading higher on Friday, clawing back some of this week’s losses in the process. The catalysts behind the early strength are growing…
Geopolitics Afghanistan’s new Taliban cabinet will see its Interior Ministry led by Sirajuddin Haqqani, an individual who was linked to al-Qaeda and responsible for carrying out numerous terrorist attacks. Further,…