Josh Owens

Latest articles from Josh

• Stock Market Crash Puts The Brakes On Oil Rally

  Published 25 January 2022 | viewed 7,798 times

  Monday’s stock market crash appeared to temporarily halt the oil price rally, but oil prices began to rebound on Tuesday morning. Chart of the Week-…

• OPEC Confident About Oil Demand Despite Omicron Cases

  Published 14 December 2021 | viewed 3,237 times

  While the IEA believes Omicron will dent global oil demand, OPEC remains confident that demand will continue to bounce back strongly from its pandemic lows.Chart…

• Oil Prices Charge Higher As Bullish Sentiment Builds

  Published 05 October 2021 | viewed 6,152 times

  Following the OPEC+ decision to maintain its production increases at 400,000 bpd per month, very few bearish factors remain in oil markets to keep prices…

• Oil Prices Continue To Climb On Supply Disruptions

  Published 24 September 2021 | viewed 4,434 times

  Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices…

• Oil Prices Under Pressure From China's Evergrande Crisis

  Published 21 September 2021 | viewed 12,556 times

  The potential implosion of China's property market and broader economy sent oil prices tumbling at the start of the week. Energy Market Chart of the…

• Oil Prices Climb As Another Storm Hits The Gulf Coast

  Published 14 September 2021 | viewed 2,535 times

  Just as the Gulf Coast begins to recover from the destruction caused by Hurricane Ida, tropical storm Nicholas has now made landfall and is pushing…

• Oil Remains Elevated After Hurricane Ida Hurts Supply

  Published 03 September 2021 | viewed 3,674 times

  A disappointing U.S. Non-Farm Payrolls report brought oil prices down slightly on Friday morning, but the supply destruction caused by Hurricane Ida looks set to…

• Hurricane Ida Hurts Oil Demand Ahead Of OPEC+ Meeting

  Published 31 August 2021 | viewed 2,753 times

  As oil markets prepare for the OPEC+ meeting, Hurricane Idea took 2 million barrels per day of refining capacity offline, dragging oil prices down.Chart of…

• Oil Prices Resilient Despite Demand Doubts

  Published 13 August 2021 | viewed 5,718 times

  Despite growing demand fears due to new outbreaks of covid across Asia, oil prices have remained resilient this week.Friday, August 13th, 2021Crude prices have pulled…

• Why The U.S. Wants China To Stop Importing Iranian Crude

  Published 27 July 2021 | viewed 4,707 times

  In an attempt to increase pressure on Iran in order to push through a nuclear deal with Iran, the U.S. is considering cracking down on…

• Can The Airline Industry Live Without Fossil Fuels?

  Published 21 July 2021 | viewed 5,999 times

  The global war on emissions has exploded in recent years, with every company, industry, and government on earth now desperately attempting to reduce its carbon…

• A Terrible Time For OPEC+ To Resolve Differences

  Published 20 July 2021 | viewed 4,769 times

  It seems that Saudi Arabia and the UAE could not have picked a worse time to resolve their differences, with the OPEC+ announcement coming just…

• Oil Price Volatility Spikes On OPEC+ Uncertainty

  Published 13 July 2021 | viewed 4,552 times

  Growing uncertainty over the OPEC+ agreement and warnings from the IEA of another oil price war has caused volatility in oil markets to spike. Chart…

• Oil Demand Under Threat From Delta COVID Variant

  Published 29 June 2021 | viewed 4,889 times

  Oil edged up on Tuesday after posting a loss on Monday due to demand concerns sparked by the Delta variant of the COVID-19 virus. Chart of…

• Oil Prices Fall As OPEC+ Looks To Boost Production

  Published 22 June 2021 | viewed 6,804 times

  Oil prices soared on Monday as optimism around demand grew, but rumors that OPEC+ is considering boosting its oil production in August sent prices lower…

• India’s Largest Utility Provider Sets Ambitious Renewable Energy Goal

  Published 21 June 2021 | viewed 3,543 times

  NTPC Limited, the biggest utility in India which generates much of the power from coal, is almost doubling its target for installed renewables capacity by…

• Soaring Demand Drives The Oil Prices Rally Higher

  Published 15 June 2021 | viewed 4,727 times

  Chart of the Week-    New Mexico’s oil production hit a record high in March 2021, averaging 1.16 mb/d, and natural gas output hit 6.19 Bcf/d.- …

• Investors Set Their Sights On $100 Oil

  Published 08 June 2021 | viewed 21,353 times

  Chart of the Week-    More than half of Vietnam’s electricity comes from coal. -    But renewables are growing quickly, and now make up 5% of the…

• How An Oil Pipeline Hack Sent Bitcoin Prices Tumbling

  Published 08 June 2021 | viewed 5,115 times

  Bitcoin slid more than 10% on Tuesday as news of an FBI seizure of Bitcoin funds circulated on social media, exposing a potential security breach…

• Oil Prices Hit 2-Year High

  Published 01 June 2021 | viewed 11,809 times

  Oil prices hit their highest level in more than two years as OPEC+ agreed to maintain its production cut plans while demand projections continue to…