Sources- Turkish Treasury Ministry official- Turkish Interior Ministry official- American intelligence contractor based in London- British former diplomat in Saudi Arabia ISIS may be on…
For an ordinary layman Chad might not come across as an important oil producer. Landlocked, susceptible to political infighting and one of the poorest nations…
Amid oil prices reaching some sort of temporary equilibrium and trading volatility being significantly lower than in the previous weeks, the oil market now expects…
Friday March 22, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out…
This week’s OPEC joint ministerial monitoring committee (JMMC) meeting in Baku sent a powerful signal to the oil markets – OPEC does not see any…
Sources - Senior Eni executive in Libya- High-ranking European diplomat in Libya- Libyan energy consultant to supermajors- High-level energy industry source in Kazakhstan- Member of…
Russia and Saudi Arabia made waves in the oil market this week and not for the reasons we expected. The two parties- who were scheduled…
There has been a remarkable lull over Venezuela – the country as a whole is still unsure what step to take next, the international community…
The oldest debate in trading and investing is the relative merit of technical versus fundamental analysis. Most technical analyses are, at their heart, about identifying…
OPEC (plus Russia) is meeting in Baku this weekend, and the Saudis are playing a delicate balancing act—not only disappointed in Trump’s less aggressive tactics…
Are you getting bored of the oil market yet? Traders are. Brent crude achieved just a $3.12 range in the ten trading days ended March…
The contract of the century will most likely last just about a quarter of a century as Russia’s appetite for Caspian crude and gas has…
A plethora of factors contributed to crude moving up this week, with the EIA scaling back its US output estimate (cooling the bullish sentiment a…
Sources - High-level US official- Former Aramco executive- American businessman in Saudi Arabia- 3 prominent Indian businessmen in UAE NOPEC Isn’t Going to Happen A…
Friday March 8, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out…
Oil market bulls have had an easy two and a half months to start the year as prices have trended steadily higher. Working in concert,…
Sources - Deputy aid to Turkish Foreign Ministry - High-level official in Turkish Energy Ministry - High-level diplomatic, intelligence and banking sector sources in UAE…
Many countries would like to have their own crude grades as international benchmarks that others would price their volumes against, however, only very few countries…
The correlation between the OPEC/OPEC+ production cuts and rising US production has been the theme of the oil market for the past several months and…
Friday March 1, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out…