Probably the most important thing that any trader can do is to keep an open mind. Preconceptions can be dangerous to your wealth. Making an objective analysis of the prospects…
One week ago, when previewing the three events that are about to slam U.S. GDP in the tail end of the 3rd and the 4th quarter (including the…
The giant Groningen gas field will close completely on October 1, 2023, the Council of Ministers meeting determined on Friday, sealing the fate of the field for good after a…
In an unexpected twist, given the plethora of bullish fundamentals, crude oil prices are on course for a decline this week due to profit-taking and renewed economic concerns sparked by…
1. Cushing Premia Soar as Rock-Solid Demand and Low Stocks Put Pressure on WTI- The…
Politics, Geopolitics & Conflict Poland’s state-run refiner is using strategic reserves to artificially keep diesel prices low. It’s selling diesel that it has imported at prices below what it paid,…
Washington’s push to shift the balance of relations in the Middle East, which hinges on the normalization of relations with Israel, continues to gain serious momentum, most recently…
Oil-rich Libya has been fighting to get its oil industry back on track over the last decade, since the Arab Spring and subsequent political instability. Following the failed presidential elections…
Russia's recent decision to restrict its diesel and gasoline exports has pushed oil prices higher, countering economic concerns sparked by the Fed's recent reiteration of its “higher for longer” interest rate policy.
Oil prices were on track to post a small weekly loss early on Friday after the Fed signaled this week that interest rates could remain higher for longer,…
"It's not about . . . jacking up prices, it's about making the decisions that are right when we have the data," Saudi energy minister Abdulaziz bin Salman said this week, commenting on the…
Over the past couple of months oil markets have been on fire, with oil prices gaining 30% since June after Saudi Arabia and Russia announced they would extend their production…
The oil price rally continues to display strong momentum as tightness in the physical markets shows no sign of easing. The past seven trading days have all seen new year-to-date-highs…
“The search for a scapegoat is the easiest of all hunting expeditions.” — Dwight D. Eisenhower The state of California is suing five major…
When Joe Biden defeated incumbent Donald Trump in the November 2020 presidential contest, it ended a tense election struggle in which a country that had never played more…
The Labour Party has pledged it would reinstate the ban on the sale of new petrol and diesel cars from 2030 if elected into government. Shadow…
The planned expansion of the BRICS bloc, through the addition of new members Saudi Arabia, Iran, United Arab Emirates (UAE), Egypt, Ethiopia and Argentina, will transform the grouping…
Crown Prince Mohammed bin Salman (MbS) said in an exclusive Fox News interview published Wednesday that Saudi Arabia will obtain a nuclear weapon if its number one regional rival does…
The de facto Armenian administration of Nagorno-Karabakh declared its readiness to surrender to Azerbaijan, avoiding further bloodshed following the start of the latter’s offensive
Russia launched missile attacks on Ukrainian energy facilities on Thursday, in one of the biggest attacks on Ukraine’s energy infrastructure in months. Missile attacks overnight caused damage to power facilities…