• 4 minutes "Natural Gas Trading Picks Up Considerably Amid High Volatility" by Charles Kennedy - ...And is U.S. NatGas Futures dramatically overbought at the $6.35 range?
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 1 min GREEN NEW DEAL = BLIZZARD OF LIES
  • 17 hours What China is Learning from Russia's War in Ukraine and its Consequences
  • 4 days Revisiting: "The U.S. Grid Isn’t Ready For A Major Shift To Renewables" from March 2021 by Irina Slav at OILPRICE
  • 16 hours Natural Gas is the Cleanest and most Likely Source of Energy to Fuel the World.
  • 3 days Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65
  • 3 hours Advancing Fundamental Drilling Science - Geothermal drilling successes offer potential gain for petroleum industry
  • 3 hours "Russia will stop 'in a moment' if Ukraine meets terms - Kremlin" by Reuters via Yahoo News...but Reuters suddenly cut out the balanced part of the story.
  • 7 days How cheap Chinese tires might explain Russia's 'stalled' 40-mile-long military convoy in Ukraine
Editorial Dept

Editorial Dept

More Info

Premium Content

Oil Markets On Edge As Tensions Mount In The Middle East

Oil prices got a slight 2% boost Friday when Iranians claimed that someone aimed suspected missiles at one of its oil tankers as it traversed the Red Sea, some 60 miles from Saudi Arabia, causing mild damage to the tanker itself and oil to spill into the Red Sea. There was no fire following the two explosions, the oil spill was brief, and the vessels are stable. The nature of the attack remains entirely unclear, as does its would-be motivations given that the attack appears to have been minimal in scope and scale. The entire region is experiencing a massive upheaval with the latest upset being a Turkish invasion of northern Syria after the US withdrew from the area and allowed Turkey to overpower its Kurdish allies in the region, much to Israel’s dismay.

Overall, oil is wallowing due to poor fundamentals, with OPEC cutting its oil demand growth forecast this week for the third consecutive month. Iraq may be on the brink of civil war and a possible staging ground for a US-Iran conflict, but oil prices simply don’t seem to care.

Why Investors Should Be Very Worried About Ecuador

Clients are always asking us to evaluate the vulnerabilities of foreign companies in certain emerging market industries, particularly the extractives. Few are willing to recognize the power of indigenous populations to rock these very lucrative boats. In Argentina, an indigenous movement is the most powerful threat to the mining and oil and gas industry; much more so than…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News