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…
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…
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…
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…
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…
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…
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,…
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…
2019 has been lovely for crude oil bulls. Brent prices increased 54 cents on their first trading day of January beginning a move in which…
Sources• Nigerian investigative journalist with access to Niger Delta militants• Nigerian boots on the ground at election time• Financial journalists in the Gulf• Geneva-based investigator…
Roughly a year and half ago, US President Donald Trump has called on Qatar to stop the funding of terrorism and the spread of its…
One gets very accustomed to good things and it is certainly true for daring presidential tweets, impossible to discern whether it is a genuine emotional…
Friday February 22, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out…
Predicting Libya’s future course is a head-scratcher for any oil analyst, things genuinely start to go steeply downhill the exact moment when some sort of…
Starting off the week on February 18 was an unusually comfortable experience for people in the oil industry. Saudi Arabia vowed to cut its crude…
Your author is a firm believer in the idea that sentiment- rather than fundamentals- drives market prices in the short term. That’s why our notes…
Sources - Inside source at a black market Niger Delta refinery - Investigative journalist with access to militants in Nigeria - Nigeria political analyst Everything…
Have you ever celebrated an event too much? The next day isn’t always very fun. Sometimes the most enjoyable events in life such as holiday…