 |
Louisiana Light • 4 days | 93.55 | -0.08 | -0.09% | ||
|
Bonny Light • 3 days | 96.23 | -1.40 | -1.43% | ||
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Opec Basket • 4 days | 97.48 | +2.17 | +2.28% | ||
|
Mars US • 3 days | 88.89 | -0.92 | -1.02% | ||
|
Gasoline • 10 mins | 2.423 | +0.024 | +1.00% |
|
Bonny Light • 3 days | 96.23 | -1.40 | -1.43% | ||
|
Girassol • 3 days | 97.26 | -1.46 | -1.48% | ||
|
Opec Basket • 4 days | 97.48 | +2.17 | +2.28% |
|
Peace Sour • 6 hours | 85.29 | -0.92 | -1.07% | ||
|
Light Sour Blend • 6 hours | 85.79 | -0.92 | -1.06% | ||
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Syncrude Sweet Premium • 6 hours | 94.39 | -0.92 | -0.97% | ||
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Central Alberta • 6 hours | 83.59 | -0.92 | -1.09% |
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Eagle Ford • 4 days | 88.19 | +1.32 | +1.52% | ||
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Oklahoma Sweet • 4 days | 88.25 | +1.25 | +1.44% | ||
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Kansas Common • 5 days | 84.00 | +3.25 | +4.02% | ||
|
Buena Vista • 5 days | 98.88 | +2.54 | +2.64% |
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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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.…
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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…
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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.…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Iran And Russia Move To Create A Global Natural Gas Cartel
The US$40 billion memorandum of understanding (MoU) signed last month between Gazprom and the National Iranian Oil Company (NIOC) is a stepping stone to enabling…
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India Ramps Up Saudi Crude Purchases, But It’s Not A Gesture To Washington
India’s major shift in its oil purchasing pattern last month from Russia to Saudi Arabia has been interpreted by many global oil market participants as…
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Are Iraq’s Ambitious Oil Production Goals Feasible?
Iraq is planning to increase its crude oil production to phased targets of 5 to 8 million barrels per day (bpd) over time, according…
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Nuclear Deal Increasingly Unlikely As Iran Strengthens Ties With Russia
There are several reasons to be short crude oil currently – economic recession in the U.S. and looming recessions in Europe, ongoing lockdowns in China,…
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China And Saudi Arabia Intensify Energy Cooperation With Critical Deal
The signing last week of a multi-pronged memorandum of understanding (MoU) between the Saudi Arabian Oil Company – formerly the Arabian American Oil Company -…
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All Hopes Are Dashed For International Oil Companies In North Iraq
Any hopes held by international oil companies (IOCs) that the Baghdad-based Federal Government of Iraq (FGI) was just bluffing about blacklisting IOCs operating in the…
