 |
Louisiana Light • 1 day | 91.90 | -1.36 | -1.46% | ||
|
Bonny Light • 1 day | 96.05 | -1.12 | -1.15% | ||
|
Opec Basket • 1 day | 95.82 | -1.18 | -1.22% | ||
|
Mars US • 19 hours | 90.45 | -0.90 | -0.99% | ||
|
Gasoline • 10 mins | 2.619 | -0.001 | -0.02% |
|
Bonny Light • 1 day | 96.05 | -1.12 | -1.15% | ||
|
Girassol • 1 day | 97.38 | -0.81 | -0.82% | ||
|
Opec Basket • 1 day | 95.82 | -1.18 | -1.22% |
|
Peace Sour • 11 hours | 84.16 | -0.82 | -0.96% | ||
|
Light Sour Blend • 11 hours | 84.66 | -0.82 | -0.96% | ||
|
Syncrude Sweet Premium • 11 hours | 93.26 | -0.82 | -0.87% | ||
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Central Alberta • 11 hours | 84.16 | -0.82 | -0.96% |
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Eagle Ford • 1 day | 86.76 | -0.92 | -1.05% | ||
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Oklahoma Sweet • 1 day | 86.75 | -1.00 | -1.14% | ||
|
Kansas Common • 2 days | 81.50 | -0.25 | -0.31% | ||
|
Buena Vista • 2 days | 96.15 | -0.03 | -0.03% |
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
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What Russia, OPEC, And The West Want From The New Global Oil Market
The recent comment by the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, that the International Energy Agency (IEA) should…
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Iraq’s Giant Halfaya Gas Project May Be Finished Ahead Of Time
News last week from Iraq Oil Ministry sources that the first stage of a gas processing facility at the Halfaya oil field is now expected…
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China’s Economy Is Picking Up, But Oil Demand May Disappoint
China’s economy grew by 2.2 percent on a seasonally adjusted basis in the first quarter (Q1), a massive improvement on the previous quarter’s 0.6 percent…
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U.S. Stresses Importance Of LNG For Europe
Russian President Vladimir Putin belied that his invasion of Ukraine in 2022 would go largely unopposed by the U.S. and its allies for the same…
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Middle East Flagship Energy Project Nears Final Phase
Oman is of vital strategic importance to the U.S.-Europe-Japan axis and the China-Russia axis because of its uniquely advantageous geographical position, which makes it one…
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LNG Giant Qatar Walks A Tightrope Between China And The U.S.
Given its geographical positioning, with Saudi Arabia on one side of it and Iran on the other, Qatar has long played a delicate diplomatic balancing…
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TotalEnergies Pushes Ahead With Iraq Megadeal Despite Huge Risks
The on-off-on-off US$27 billion four-pronged megadeal between TotalEnergies and the Federal Government of Iraq appears to be back on again, although it is not quite…
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Saudi- U.S. Relations Sour Further On Huge OPEC+ Surprise Cut
The surprise huge new cut in oil production from ‘OPEC+’ - the Saudi Arabia-led OPEC group of countries ‘plus’ Russia - highlights that any optimism…
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U.S. Losing Influence As Saudi Arabia Joins Shanghai Cooperation Organization
Saudi Arabia’s very public announcement last week that its cabinet had approved a plan to join the Shanghai Cooperation Organisation (SCO) as a ‘dialogue partner’…
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Western Oil Companies Are Not Welcome In Iraq But Russian And Chinese Ones Are
Last week’s banning by the Baghdad-based Federal Government of Iraq (FGI) of oil sales made independently by the government of the semi-autonomous region of Kurdistan…
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Can Libya Really Double Its Oil Output?
Before the removal of its long-time leader, Muammar Gaddafi, in 2011, Libya had easily been able to produce around 1.65 million barrels per day (bpd)…
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Battle For Iraqi Oil Heats Up After Iran-Saudi Deal
Iraq’s crude oil production has been stuck between the 4.0-4.7 million barrels per day (bpd) level since 2016, with a mean average of about 4.5…
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Western Oil Companies To Bolster Presence In China’s Arch Rival
The signing of a memorandum of understanding (MoU) between India’s largest crude oil and natural gas company in India, Oil and Natural Gas Corp (ONGC),…
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The Age Of The U.S. As A Middle East Power Broker Is Over
Although White House national security spokesperson, John Kirby, did observe tersely that the deal done on 10 March between Iran and Saudi Arabia to re-establish…
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Ban On IOCs In Iraqi Kurdistan May Be Lifted
The recent signing by Iraq’s federal government in Baghdad of three long-term oil and gas sector contracts with the UAE’s Crescent Petroleum – a company…
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China’s Economic Upswing May Not Boost Oil Prices
The massive disparity between China’s enormous economy-driven energy needs and its minimal level of domestic oil and gas reserves meant that the country was the…
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U.S. And China Vie For Influence In This Vital Middle East Oil Hub
Oman is preparing to offer a new batch of onshore oil and gas concession areas by the end of this month and a new batch…
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Is India Drifting Away From The U.S.?
India last week stepped up its negotiations with the U.S. aimed at continuing to import as much oil from Russia as it requires, regardless of…
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Iraq’s Energy Imports From Iran May Come To An End
Iraq’s recent announcement to end its importation of gas within the next three years will be carefully watched by Washington, as it would also mean…
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Putin’s Energy Gamble Backfires As Germany Secures Long-Term Gas Supplies
Germany’s reliance on cheap and plentiful supplies of Russian gas was one of three key factors that led President Vladimir Putin to believe that Russia…
