Oil prices legged higher to begin the week after the new Saudi Energy Minister confirmed his arrival would not bring a shift in OPEC policy.…
U.S. West Texas Intermediate and International-benchmark Brent crude oil futures are trading higher for the week, but have given up more than half of their…
Politics, Geopolitics & Conflict - Will it or won’t it default? That’s the hedge on Argentina right now, and it’s of more concern to investors…
There are very few reliable patterns in any market, let alone the volatile oil markets. There is, however, one thing that seems to happen more…
Oil prices rallied nicely earlier this week on optimism surrounding US-China trade war talks, but lessons here are never learned by the market, which is…
Friday, September 6, 2019 1. Oil surplus not going away - The oil market could see a supply surplus and inventory builds for the next…
The first week of September continued on the course set by August, most of the market motion can be boiled down to the US-China trade…
In the past two weeks, we have analyzed the prospects of US crude exports to Europe and Asia, both with its region-specific challenges yet both…
In just a few short days, Saudi Energy Minister Khalid Al Falih had two major powers stripped away. Saudi Arabia split off the Ministry of…
Oil prices shifted lower to start the week on the back of a fresh round of tariffs placed by Trump on Chinese goods, another contraction-territory…
October West Texas Intermediate crude oil futures are in a position to finish higher for the week after a weak trade on Monday. The weakness…
Attempting to trade based on pronouncements and policies coming from the Trump administration can leave many people scratching their heads. I have pointed out on…
Friday August 30, 2019 1. BP exits Alaska, ending 6 decades of operations- BP (NYSE: BP) agreed to sell its Alaska operations to privately-held Hilcorp…
Coming up .. what to watch in the oil patch - Apache is gearing up to drill its first exploration well in Block 58, offshore…
The trade war continues to weigh heavily on the oil market as forecasts paint a gloomier picture for oil prices with every passing week. This…
Last week we have looked into the rise of US crude exports to Europe, an upsurge characterized by seasonal upswings, a rather non-uniform spread of…
The Powerful Vultures Circling Libya General Khalifa Haftar grossly underestimated the extent that external forces would clamor for Libya’s natural resource bounty once he unleashed…
Remember when oil markets used to be driven by oil headlines? What quaint times. We used to write about things like Middle East supply outages,…
The spiraling tensions between the United States and China have rocked the crude market, reinforcing concerns that global demand growth might turn even weaker than…
U.S. West Texas Intermediate crude oil futures erased all of its early gains and are now in a position to finish the week lower amid…