• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 hours U.S. Presidential Elections Status - Electoral Votes
  • 5 hours Evergrande is going Belly Up.
  • 8 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 2 hours Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 2 days Poland Expands LNG Powered Trucking and Fueling Stations
  • 3 days World’s Biggest Battery In California Overheats, Shuts Down
  • 2 days The unexpected loss of output from wind turbines compels UK to turn to an alternative; It's not what you think!
  • 24 hours Ten Years of Plunging Solar Prices
  • 1 day Extraction of gasoline from crude oil.
  • 4 days The coming Cyber Attack
  • 4 days Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 4 days Ozone layer destruction driving global warming
  • 4 days 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers

Breaking News:

UN Climate Conference Snubs Big Oil

The Battle For Control Of East Mediterranean Energy

The Battle For Control Of East Mediterranean Energy

When significant natural resources were…

Libya’s Oil Industry May Be On The Verge Of Another Breakdown

Libya’s Oil Industry May Be On The Verge Of Another Breakdown

The rift between Libya’s government…

Editorial Dept

Editorial Dept

More Info

Premium Content

The Fear Premium Is Back In Oil

Without the fear premium, oil doesn’t have much else to boost it for 2020. And right now, that fear premium has produced a sudden $3 surge in oil prices following the assassination by US drone strike of Iran’s key general of the Quds foreign arm, Qasem Soleimani.

The million-dollar question now is whether that premium has legs, or whether it will be another blip on the radar such as that following the attack on Saudi Aramco facilities that threatened to take a major chunk of the world’s oil offline.

Whether the premium has legs must be viewed from various prisms. In this case, it has no immediate, direct impact on oil supply. The Saudi Aramco attack did, and still failed to boost oil beyond a day.

One prism is the impeachment of a US president and looming 2020 elections. There’s nothing like the dazzling assassination of a foreign army general who has been targeted many times in the past to captivate the audience. As far as campaign stunts go, it doesn’t get much better than this.

But the ‘fear premium’ is a tricky one to navigate. Fear is fleeting. Right now, that premium is based on the fear of an all-out war between Iran and the US, which would easily become World War III. But 21st century warfare isn’t the same. It’s cold war tactics with targeted hot zones, and arguably, it’s already been going on for some time.

If oil is waiting for some definitive escalation that looks like World…





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