Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
It appears that bullish sentiment has finally broken out in oil markets, helped along by geopolitical uncertainty and an increasingly optimistic demand outlook.Friday, March 15th…
Despite multiple bullish catalysts, oil prices remained stubbornly rangebound at the start of this week, with markets awaiting a notable shift in sentiment. - US gasoline futures…
Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region…
Oil prices have remained largely rangebound over the last month as bullish and bearish factors continue to counterbalance each other. Friday, March 8th 2024The flatlining of…
Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy…
Oil prices have had a disappointing start to the week as markets were underwhelmed by China's commitments to get its economy back on track and…
Oil prices remained stubbornly rangebound in February as signs of a recovering U.S. economy were countered by weaker economic data in both Europe and China.Friday,…
Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region…
Oil prices have remained rangebound in recent weeks, with macro concerns driving the direction of both Brent and WTI.Friday, February 23rd, 2024Oil trading in the…
China's attempts to boost its economy and renewed attacks from the Houthis in the Red Sea are adding upward pressure to oil prices this week.US…
Occidental Petroleum reported its strongest quarterly financial results in three years for the final three months of 2023, beating analyst expectations. Net income attributable to…
Russia’s Novatek restarted earlier this week fuel processing at its complex on the Baltic Sea damaged last month in a suspected Ukrainian drone attack, industry…
From 2021 to 2022, Canada’s coal exports jumped 60%, according to the NDP, as reported by the Global News, while coal exports have risen by…
The geopolitical risk premium returned to oil markets this week after Israel rejected a ceasefire offer and bombed Rafah. Friday, February 9th, 2024The geopolitical risk premium…
Oil markets are once again focused on looming demand weakness, capping oil prices despite rising tensions in the Middle East.Chart of the Week- As India…
Rumors and speculation appear to be driving oil markets this week, adding to volatility as the world awaits a potential ceasefire agreement between Israel and…
Rising geopolitical risk pushed Brent well past $80 last week, but the brief price rally has been dampened by continued economic concerns and a strong…
The bullish case for oil prices was strengthened dramatically this week, with strong U.S. economic data helping to push Brent well past the $80 mark. Friday, January…
An uncertain supply picture has oil markets on edge, with disruptions and geopolitical risks being counterbalanced by rising production in Norway and Libya. Economic uncertainty…
A cold snap in the U.S. and continued attacks on ships in the Red Sea have boosted bullish sentiment in oil markets, although increasing product…