1. There’s No Good Way to Solve US Fuel Shortage- When Valero (NYSE:VLO) kicked off US refiners’ Q3 earnings call with a $2.82 billion net…
Politics, Geopolitics & Conflict In the Kurdistan Region of Iraq (Iraqi Kurdistan), those remaining oil companies who have unilateral E&P deals with the Kurdistan Regional…
December WTI crude oil futures finished higher on Thursday, putting the market in a position to close higher for the week. The bullish price action…
U.S. West Texas Intermediate crude oil futures are trading nearly flat after posting a volatile two-sided trade throughout the week. Underpinning prices were concerns over…
1. Gasoline Prices Drop Back After Brief Surge- After several weeks of increasing gasoline prices, the trend is declining again with the national average dropping…
Politics, Geopolitics & Conflict Some 700,000 men have fled Russia since the announcement of a partial mobilization on Sept 21st. Demonstrations have been taking place…
Long-time readers with very long memories may remember that several years ago, I wrote here about stock in a company called Amyris (AMRS). I was…
What Ukraine can expect this winter By Tuesday, the Russian military was claiming to have recaptured some territory in eastern Kharkiv after a Ukrainian counteroffensive…
The explosions that caused leaks in the Nord Stream pipelines have been deemed sabotage, and the message to Europe is this: Your infrastructure can be…
Energy Markets Escalating tensions between the United States and OPEC+, via Saudi Arabia, have triggered some short-term market swings for oil. But a more powerful…
1. Supply Disruptions Ratchet Up Pressure on Coal- There has been a noticeable uptick in union action this year, and a wage strike at South…
U.S. West Texas Intermediate crude oil futures are in a position to finish the week lower after a promising finish the prior week. The selling…
Let’s face it, you don’t have to be a genius to know that there is going to be some incredible growth in the business of…
U.S. West Texas Intermediate crude oil futures are up sharply late Thursday and for the week after OPEC and its allies (OPEC+) agreed to tighten…
1. Drastic OPEC+ Cuts Signal Group Cohesion- Having met in person for the first time in more than two years, OPEC+ agreed to cut oil…
Politics, Geopolitics & Conflict Clashes erupted on Tuesday in Iraq’s oil-rich Basra region following rocket attacks on the presidential palace, intensifying concerns that unrest in…
A couple of weeks ago, when the rumors started about the production cuts that OPEC+ confirmed yesterday, I wrote that, from a long-term perspective, the…
This week’s noteworthy elements include more than just the slow sapping of the U.S. Strategic Petroleum Reserves, which have fallen to 416 million barrels -…
1. 2022 Hurricane Season Not As Bad for Oil- As S&P Global Platts notes, the US hurricane season is picking up steam after a slow…
Politics, Geopolitics & Conflict Leaks discovered Monday in the Nord Stream 1 and 2 pipelines, which carry natural gas to Germany, have been determined by…