Oil markets were looking at two things this week (and likely next week): The eternal debate on supply and demand, and an Israel-Lebanon war that…
1. Brazil Fails to Bring the Oil Bonanza into 2024 - Brazil has been one of the fastest-growing oil producers of the 2020s, reaching a…
Politics, Geopolitics & Conflict Libya continues to unravel, quietly, with indications mounting that rival governments are regrouping for something big. Earlier this week, aided by…
Geopolitical Tensions Drive Oil Higher Crude oil futures are set to close over 2% higher this week, primarily driven by escalating tensions between Israel and…
Oil futures have surged sharply this week, driven by a significant draw in U.S. crude inventories and signs of a cooling job market that have…
1. Summer Demand Finally Kicks In, Lifting Oil Prices Out of Contango - The summer rally of the oil markets might finally materialize as ICE…
This week, the International Energy Agency (IEA) issued a report predicting that “peak oil” the all time high point in oil demand, will come as…
While Putin was hoping his visit to Kim Jun-Il and a timely defense pact with North Korea would create more of a fuss in the…
Politics, Geopolitics & Conflict The Sudanese government has accused the UAE of supplying weapons to the rival paramilitary force with whom the government has been…
Two weeks ago, oil markets reacted negatively to OPEC+'s decision to unwind 2.2M bbl/day in voluntary production cuts later this year, with oil prices tumbling to…
Oil Prices Rise on OPEC Demand Forecast and Easing U.S. Inflation Oil prices are sharply higher as we end the week, driven by an optimistic…
1. IEA Angers Oil Market With 2029 Demand Peak Call - This week has seen a fierce standoff between OPEC and the IEA, with the…
Deals, Mergers & Acquisitions Matador Resources Company has announced the acquisition of Permian Basin oil and gas properties from Ameredev II Parent, LLC for $1.9…
As you are probably aware, and for obvious reasons, when writing here I typically stick to energy markets, writing about either stocks in the sector…
While optimistic inflation data slightly buoyed oil earlier this week, with the Fed indicating one rate cut before the end of this year, and more…
Oil Market Weekly Recap and Forecast Oil prices closed higher on Thursday, rebounding after a week of significant losses. The market reacted positively to the…
Politics, Geopolitics & Conflict - Tensions are slowly rising, and expanding further afield in relation to the Russia-Ukraine war, with a number of new developments…
In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in…
OPEC's decision on Sunday to leave the door open for rolling back some of the production cuts, while not an unprecedented move, has led to…
1. ConocoPhillips’ Takeover of Marathon Oil Creates 3rd Largest US Producer - ConocoPhillips agreed to purchase Marathon Oil in an all-stock transaction valued at $22.5 billion, a deal…