Europe’s lack of energy security…
Refinery outages in the United…
The latest OPEC+ output cuts for November mean it’s back to the drawing board for the White House and a re-emergence of discussions about the viability of “NOPEC”,…
OPEC+ may be considering an even larger cut than previously reported—at up to 2 million bpd, anonymous delegates told media on Tuesday. As OPEC+ prepares to meet this Wednesday to…
While traders and investors in the paper oil market are focused on looming recessions and interest rate hikes, those on the ground – executives at oil producers and…
Liquefied natural gas from the United States has turned into a lifebelt for struggling Europe as Russia cut supplies via one of the biggest gas conduits into the…
It's been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of last week in…
“That would be the road to hell for America,” JP Morgan’s CEO Jamie Dimon said last week, referring to a suggestion that all big banks divest from the oil…
Oil prices have declined by around $30 a barrel since the recent peak in early June before the Fed and other central banks started aggressive interest rate hikes…
As oil prices continue to plunge, with the latest selloff triggered by a surprise crude build and another release from the Strategic Petroleum Reserve, commodity analysts at Standard…
Oil prices pared some losses on Monday, with Brent gaining nearly 2% as a nuclear deal with Iran seemed to fade further away and markets refocused on Europe’s…
U.S. West Texas Intermediate crude oil futures are trading lower for the week while testing the key technical area that has held as support for two months. The catalysts behind…
Oil is down over 3.2% on Thursday, while a pending G7 deal to cap Russian oil prices being discussed Friday could reverse that…
Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned.
The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets,…
Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be pain ahead. “While higher interest…
The life of Middle Eastern national oil companies was just too good to continue as previously, raking in unbridled profits amidst triple-digit oil prices. September 2022 is unlikely to change…
Crude oil exports by OPEC members have gone up by more than 200,000 bpd so far in August, PetroLogistics data has shown, as cited
Some early investors in the Texas shale patch are now reaping the benefits of not giving up on the Permian basin over the past decade and sticking with…
Two months ago, we said that with oil tumbling from its post-Ukraine war highs, it's only a matter of time before OPEC+ makes a mockery of the Biden-MBS "amicable" fistbump...
Price volatility is a trader’s bread and butter, but in oil, volatility is becoming excessive, pushing traders away and making life harder for a lot of businesses that…
After two days of gains, oil prices turned lower early on Friday, weighed down by lingering concerns about recession in major economies and a strong dollar, which makes crude more…