1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this week allowing the regional bloc’s respective governments…
Markets were extremely jittery this week, awaiting a retaliatory attack by Iran following the Israeli strike on Tehran’s embassy in Syria, which killed a key…
In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of…
As somebody whose start in markets came in interbank foreign exchange, I am used to a degree of obsession with central banks. Back when I…
Politics, Geopolitics & Conflict Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export…
A few weeks ago, when WTI crude was trading just below $80, I wrote here that I was about to break with my usual, contrarian…
Oil Prices Surge WTI crude oil's current bullish trend, closely following Brent crude's movements, has placed it at a crucial point for traders. This trend,…
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production…
Politics, Geopolitics & Conflict Israel has shored up its defenses in anticipation of a direct response from Iran following the Israel leveling of the Iranian…
What happens when Argentina’s oil provinces cut off supplies amid a head-to-head battle with the country’s new libertarian president, Javier Milei, who has approached his…
1. As TMX Starts Line Fill, China Takes Centre Stage - Canadian crude will start flowing to China directly (up until now it has only…
West Texas Intermediate Crude Weekly Analysis This week's crude oil market has been marked by several significant events influencing May West Texas Intermediate (WTI) futures.…
Politics, Geopolitics & Conflict With his campaign for re-election in full swing, Venezuela’s Nicolas Maduro has managed to get lawmakers to approve the creation of…
Yesterday, Jay Powell and the FOMC gave us their decision on interest rates. In the accompanying statement and the subsequent press conference given by Fed…
When Sudan’s civil war broke out in April last year, markets stood by for a few weeks to see if the war would impact oil…
1. US Natural Gas Production Is Suffering but Hopes for a Swift Rebound in 2025 - Cash prices of Henry Hub plunged to their lowest…
Back in the middle of January, I wrote a piece here explaining why after years of maintaining a base position in TSLA off of which…
OPEC+ has found itself in the unfortunate position of once again battling against non-OPEC producers to keep the market balanced. In its latest forecast, the…
Politics, Geopolitics & Conflict Offshore Yemen, in the Red Sea shipping lane, it was status quo this week, with the Houthis launching a close-range ballistic…
IEA’s Influence on Oil Demand and Price Trends The International Energy Agency (IEA) is playing a pivotal role in shaping the bullish sentiment in the…