 |
Louisiana Light • 2 days | 73.91 | +1.71 | +2.37% | ||
|
Bonny Light • 1 day | 76.37 | +0.64 | +0.85% | ||
|
Opec Basket • 2 days | 74.75 | +0.79 | +1.07% | ||
|
Mars US • 12 hours | 69.16 | -1.39 | -1.97% | ||
|
Gasoline • 12 mins | 2.601 | -0.005 | -0.19% |
|
Bonny Light • 1 day | 76.37 | +0.64 | +0.85% | ||
|
Girassol • 1 day | 76.59 | +0.43 | +0.56% | ||
|
Opec Basket • 2 days | 74.75 | +0.79 | +1.07% |
|
Peace Sour • 4 hours | 64.21 | -0.94 | -1.44% | ||
|
Light Sour Blend • 4 hours | 65.51 | -0.94 | -1.41% | ||
|
Syncrude Sweet Premium • 4 hours | 74.46 | -0.94 | -1.25% | ||
|
Central Alberta • 4 hours | 63.81 | -0.94 | -1.45% |
|
Eagle Ford • 2 days | 67.38 | +1.57 | +2.39% | ||
|
Oklahoma Sweet • 2 days | 67.75 | +1.75 | +2.65% | ||
|
Kansas Common • 23 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 2 days | 77.56 | +3.61 | +4.88% |
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
-
Saudi Arabia Reiterates Commitment To China, Regardless Of U.S. Concerns
Apparently confirming the view of Saudi Crown Prince Mohammed bin Salman (MbS) that the U.S. is now regarded as just another one of its partners…
-
How Effectively Can Russia Bypass The G7’s New Oil Price Cap?
The imposition of a price cap on oil from Russia – being finalised last week by senior officials from the G7 governments in Washington -…
-
U.S. Accelerates Three-Tier Plan To Reduce Oil Prices
The immediate aftermath of the 1973/74 oil embargo in which Saudi Arabia led its OPEC brothers to block oil exports to the U.S., the U.K.,…
-
Russia Warns Europe: Natural Gas Price Cap Means Full Supply Cut-Off
As Europe heads into winter, the threat of sharply rising gas prices and sustained supply failures increases. The European Union (EU) is in the midst…
-
Abu Dhabi Steps Up Gas Production Ahead Of Winter
Enduring high gas prices across the globe in the aftermath of Russia’s invasion of Ukraine in February have catalysed several leading Middle Eastern oil supplying…
-
NOPEC Bill Would Mean The End Of Aramco And OPEC As We Know Them
Saudi Arabia stopped being an ally of Washington the moment it began the 2014-2016 Oil Price War with the specific intention of destroying the then-nascent…
-
Iraq Pushes Key Gas Developments To Reduce Import Dependence On Iran
With Russia having lost much of its ability to function as a state sponsor of Iraq, Baghdad is looking again to the U.S. for support.…
-
U.S. Looks To Punish Saudi Arabia For Large OPEC+ Cut
Despite repeated pleas from the U.S. that the Organization of the Petroleum Exporting Countries (OPEC), under the de facto leadership of Saudi Arabia, should not…
-
China Is Expanding Its Energy Footprint In The Middle East
The recent Shanghai Cooperation Organization (SCO) summit saw China enhance its influence with several of the world’s leading players in the oil and gas sector.…
-
Federal Court Decision Creates New Opportunities In Iraqi Oil
Iraq’s Federal Supreme Court (FSC) has invalidated the decision of Iraq’s government to establish the Iraqi National Oil Company (INOC) on the basis that several…
-
Russia At The Forefront Of Development Of Huge Iranian Oil Fields
The ramping up of production from its hugely oil-rich West Karoun cluster of oil fields to at least 1 million barrels per day (bpd) remains…
-
Is Germany’s Ambitious LNG Plan Too Little Too Late?
As Europe heads into winter and sanctions remain in place on Russian gas and oil after its invasion of Ukraine, the de facto leader of…
-
UAE Accelerates Development Of Huge Gas Field As High Prices Persist
Continued high gas prices in Europe in the aftermath of Russia’s invasion of Ukraine in February have prompted several major European oil and gas companies…
-
Energy Was Key In Putin-Xi Meeting
China stated two weeks before Russia invaded Ukraine that “there is ‘no limit’ to how far Russian and Chinese friendship may go” and signed a slew of…
-
China And Russia Move To Disrupt The Dollar’s Dominance In Oil Markets
The long-mooted prospect of the end of the U.S. dollar’s hegemony in the global oil and gas markets took another step towards realisation last week…
-
China’s Covid Lockdowns Are The Single Biggest Threat To Oil Markets
The sharp drop in crude oil prices last week on news that China had extended a Covid-19 lockdown in Chengdu, the capital of the southwestern…
-
Saudi Arabia And Iran Held Secret Meetings To Bolster Collaboration
Given the centuries-long hatred between regional rivals, Iran and Saudi Arabia, last week’s comments by Iran’s President, Ebrahim Raisi, that there have been five rounds…
-
Russia To Help Iran In Developing Crucial Gas Reserves
Along with the (recently achieved) completion of the crucial Goreh-Jask pipeline oil export route, the (ongoing) ramping up of production from its hugely oil-rich West…
-
Iran Plans Critical Gas Hub In Bid For Global Gas Supremacy
As a core element of the Russo-Iranian strategy to corner as much of the global gas market as possible in as short a time as…
-
Saudi Arabia New Output Cuts Threat Is Another Blow To Washington
Saudi Arabia’s threat last week to lead the Organization of the Petroleum Exporting Countries (OPEC) into a concerted cutting of its collective crude oil production…
