It is fair to say…
After a volatile week, oil…
Not since the Cold War…
1. Shell Remains on the Right Track to Recovery - UK-based energy major Shell was one of the…
Oil prices have dipped to their lowest levels in nearly two months, with U.S. West Texas Intermediate (WTI) and Brent crude being particularly impacted. These declines reflect a complex interplay…
Politics, Geopolitics & Conflict Danish shipping giant Maersk has raised the lower end of its full-year guidance thanks to Houthi attacks that have disrupted Red Sea shipping. Maersk is now…
Last week, I wrote that while Q1 profits were expected to be down this year and energy stock prices were higher, that didn’t mean that energy wasn’t a place to…
While all attention is on the Middle East and the Russia-Ukraine war, Moscow is securing key venues in Africa while Western nations withdraw or are forced out. Late on Thursday,…
1. BHP-Anglo Merger Could Create World’s Largest Copper Miner - The global mining sector might see a whirlwind…
June West Texas Intermediate (WTI) crude oil futures have experienced significant volatility this week, ultimately poised to close higher following a late-week recovery. This recovery was significantly influenced by positive…
Politics, Geopolitics & Conflict The UN envoy for Libya, Abdoulaye Bathily, has resigned from his post, slamming the country’s rival parties and external meddlers for making it impossible to work…
By the time you read this, it is likely that the two largest American oil companies, Exxon Mobil (XOM) and Chevron (CVX), will have reported their calendar Q1 results, due…
Europe is on edge, more so now that the U.S. has approved a $61-billion aid package to Ukraine after much stalling. The spy dens of the Cold War…
Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant volatility to the downside, driven by geopolitical concerns, unexpected inventory adjustments, and changes in demand. Although escalation fears…
1. Venezuela Braces for Impact After US Reimposes Sanctions - The Biden administration reimposed sanctions on Venezuela’s oil…
Politics, Geopolitics & Conflict At midnight on Thursday, the six-month temporary oil sanctions relief Washington granted Venezuela last October expired, and the Biden administration moved to reimpose those sanctions, which…
Over the years, one of my most profitable investment research techniques has been to look for companies whose stock has been dragged down by negativity around the market in which…
Oil markets have largely discounted the Iranian missile and drone barrage directed at Israel because it was essentially a ruse designed not to inflict any damage, but to…
1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this…
In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of ongoing inflation, geopolitical tensions, and…
Politics, Geopolitics & Conflict Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey…
As somebody whose start in markets came in interbank foreign exchange, I am used to a degree of obsession with central banks. Back when I started in that market, which…
Markets were extremely jittery this week, awaiting a retaliatory attack by Iran following the Israeli strike on Tehran’s embassy in Syria, which killed a key Iranian general and other diplomats/military…