 |
Louisiana Light • 1 day | 91.16 | -0.74 | -0.81% | ||
|
Bonny Light • 1 day | 96.00 | -0.05 | -0.05% | ||
|
Opec Basket • 1 day | 95.01 | -0.81 | -0.85% | ||
|
Mars US • 18 hours | 88.83 | -0.23 | -0.26% | ||
|
Gasoline • 10 mins | 2.589 | -0.031 | -1.20% |
|
Bonny Light • 1 day | 96.00 | -0.05 | -0.05% | ||
|
Girassol • 1 day | 97.04 | -0.34 | -0.35% | ||
|
Opec Basket • 1 day | 95.01 | -0.81 | -0.85% |
|
Peace Sour • 10 hours | 84.13 | -0.03 | -0.04% | ||
|
Light Sour Blend • 10 hours | 84.63 | -0.03 | -0.04% | ||
|
Syncrude Sweet Premium • 10 hours | 93.23 | -0.03 | -0.03% | ||
|
Central Alberta • 10 hours | 84.13 | -0.03 | -0.04% |
|
Eagle Ford • 1 day | 86.11 | -0.65 | -0.75% | ||
|
Oklahoma Sweet • 1 day | 86.00 | -0.75 | -0.86% | ||
|
Kansas Common • 1 day | 80.00 | -0.50 | -0.62% | ||
|
Buena Vista • 2 days | 95.23 | -0.92 | -0.96% |
Simon Watkins
Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for Credit Lyonnais, and later Director of Forex at Bank of Montreal. He was then Head of Weekly Publications and Chief Writer for Business Monitor International, Head of Fuel Oil Products for Platts, and Global Managing Editor of Research for Renaissance Capital in Moscow. He has written extensively on oil and gas, Forex, equities, bonds, economics and geopolitics for many leading publications, and has worked as a geopolitical risk consultant for a number of major hedge funds in London, Moscow, and Dubai. In addition, he has authored five books on finance, oil, and financial markets trading published by ADVFN and available on Amazon, Apple, and Kobo.
Latest articles from Simon
-
Can Iraq Finally Become A Global Petrochemicals Powerhouse?
With its vast oil and gas resources, there is no fundamental reason why Iraq cannot become a world-class producer of high-value petrochemicals. In the process,…
-
Iran’s Latest Move Brings A New Nuclear Deal With The U.S. Closer
The deal announced on 11 September that saw five Americans released from prison in Iran has brought the quiet ongoing discussions over a new, watered-down…
-
Western Alliance Moves Fast On New Middle East Gas Supplies
From the moment on 24 February 2022 when Russian troops first moved into Ukraine, liquefied natural gas (LNG) became the key swing energy resource without…
-
At What Level Will Saudi Arabia And Russia Stop Pushing Oil Prices Higher?
The decisions last week by Saudi Arabia to continue its 1 million barrel per day (bpd) production cut to the end of this year and…
-
China’s Influence In Oil Markets Grows With BRICS Expansion
Piece by piece, China continues to build alternatives to each of the key building blocks of the West’s world order, including - crucially - a…
-
Are China’s Economic Support Measures Too Little Too Late For Oil Prices?
As the world’s largest annual gross crude oil importer in the world since 2017, and before that as the key driver of the broader commodities…
-
The Completion Of This Mega Refinery Is Crucial For China
Oman has an importance to China and Iran that goes way beyond its relatively small oil and gas reserves (only around five billion barrels of…
-
Russia’s Answer To The U.S. Shale Boom Takes A Huge Step Forward
Despite multi-layered international sanctions on Russia following its 24 February 2022 invasion of Ukraine, President Vladimir Putin’s ‘special energy project’ – developing the country’s massive…
-
Production Starts At Phase-11 Of The World’s Largest Gas Field
Iran’s South Pars gas field is one half of the world’s largest gas resource – the other being Qatar’s North Field – so any official…
-
China And Russia Execute A Pincer Movement Around Iraq’s Biggest Oil Assets
Crucial to Iraq’s plan to increase its oil production capacity to around 7 million barrels per day (bpd) by 2027 are the supergiant fields of…
-
The Real Reason Russia Is Ramping Up Oil Production In Iraq
Russia took control of the oil sector of the semi-autonomous region of Kurdistan (KRI) in northern Iraq in 2017 for four key reasons, as analysed…
-
Aramco’s Earnings: It May Get Worse
Three numbers encapsulate the story of Saudi Aramco since its initial public offering (IPO) in December 2019. The first is that its net income for…
-
Iraq Unwilling To Resume Crude Exports From Kurdistan To Turkey
It is easy to lose sight of the wood for the trees sometimes in the complex world of global oil. And perhaps no subject in…
-
Why OPEC+ Will Do Whatever It Can To Send Oil Prices Higher
The relentless drive of OPEC+ to keep driving oil prices higher, as predicted by OilPrice.com some time ago, was seen again in last week’s extension of major additional cuts…
-
Saudi Arabia Looks To Sidestep OPEC+ Output Cuts With Dark Inventory
Happily for Saudi Arabia, it does not take a genius to work out that persuading its OPEC+ brothers to cut their oil production to ramp…
-
The U.S.’s Hopes In Iraq Have Ended With The Oil-For-Gas Deal With Iran
Ever since the U.S. officially ended its ‘combat mission’ in Iraq on 31 December 2021, it has been looking for a way back into the…
-
Will China’s Economic Stimulus Have Any Impact On Oil Prices?
Since the mid-1990s, China’s economic growth rate has been one of the most important determinants of the oil price (and of the gas price too…
-
What To Expect From OPEC’s Upcoming Meeting
Following the series of crude oil production cuts by OPEC+ since last October, its Joint Ministerial Monitoring Committee (JMMC) is due to meet on 3…
-
Why Egypt’s Oil And Gas Discoveries Are Crucial For The Region
Since Russia invaded Ukraine on 24 February 2022, the West has been scrambling to find reliable sources for consistent oil and gas supplies to compensate…
-
Why TotalEnergies’ $27 Billion Deal With Iraq Is A Gamechanger
The long-delayed US$27 billion four-pronged megadeal between France’s TotalEnergies and the Federal Government of Iraq has received the final go-ahead from both sides and is…
