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Global Energy Alert

Texas Is Preparing for Electricity Demand to Surge

Texas Is Preparing for Electricity Demand to Surge

May 03, 2024 at 05:33 | Editorial Dept

1. Shell Remains on the Right Track to Recovery - UK-based energy major Shell was one of the…

Oil Prices Fall to 7-Week Low as Market Pressures Mount

Oil Prices Fall to 7-Week Low as Market Pressures Mount

May 03, 2024 at 04:14 | Editorial Dept

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…

Iran Claims to Have Expanded Its Axis of Resistance

Iran Claims to Have Expanded Its Axis of Resistance

May 03, 2024 at 04:12 | Editorial Dept

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…

What’s Next for Big Oil After an Uninspiring Earnings Season?

What’s Next for Big Oil After an Uninspiring Earnings Season?

May 03, 2024 at 04:10 | Editorial Dept

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…

The Making of a Russo-African Iron Curtain

The Making of a Russo-African Iron Curtain

May 03, 2024 at 04:08 | Editorial Dept

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,…

India Ratchets Up Its Renewable Energy Installations

India Ratchets Up Its Renewable Energy Installations

Apr 26, 2024 at 07:57 | Editorial Dept

1. BHP-Anglo Merger Could Create World’s Largest Copper Miner - The global mining sector might see a whirlwind…

Oil Prices Move Higher After a Volatile Week

Oil Prices Move Higher After a Volatile Week

Apr 26, 2024 at 06:14 | Editorial Dept

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…

Israel Claims to Have Dealt a Serious Blow to Hezbollah

Israel Claims to Have Dealt a Serious Blow to Hezbollah

Apr 26, 2024 at 06:11 | Editorial Dept

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…

How Will Energy Stocks Respond to This Earnings Season?

How Will Energy Stocks Respond to This Earnings Season?

Apr 26, 2024 at 06:07 | Editorial Dept

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…

The Espionage Web Expanding Across Europe

The Espionage Web Expanding Across Europe

Apr 26, 2024 at 06:06 | Editorial Dept

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…

Profit Taking Is Putting Downward Pressure on Oil Prices

Profit Taking Is Putting Downward Pressure on Oil Prices

Apr 19, 2024 at 06:50 | Editorial Dept

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…

Oil Traders Hedge Geopolitical Risk With Record Options

Oil Traders Hedge Geopolitical Risk With Record Options

Apr 19, 2024 at 06:48 | Editorial Dept

1. Venezuela Braces for Impact After US Reimposes Sanctions -  The Biden administration reimposed sanctions on Venezuela’s oil…

U.S. Sanctions on Venezuela Snap Back Into Place

U.S. Sanctions on Venezuela Snap Back Into Place

Apr 19, 2024 at 06:47 | Editorial Dept

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…

A Chinese EV Company That Represents Remarkable Value

A Chinese EV Company That Represents Remarkable Value

Apr 19, 2024 at 06:44 | Editorial Dept

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…

Explaining the Israel and Iran Missile Exchange

Explaining the Israel and Iran Missile Exchange

Apr 19, 2024 at 06:42 | Editorial Dept

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…

The EU Allows Members to Ban Russian LNG as Imports Climb

The EU Allows Members to Ban Russian LNG as Imports Climb

Apr 12, 2024 at 06:26 | Editorial Dept

1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this…

Geopolitical Tensions Keep Oil Prices Elevated

Geopolitical Tensions Keep Oil Prices Elevated

Apr 12, 2024 at 06:02 | Editorial Dept

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…

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Apr 12, 2024 at 05:59 | Editorial Dept

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…

How Energy Investors Should Read The Fed’s Latest Notes

How Energy Investors Should Read The Fed’s Latest Notes

Apr 12, 2024 at 05:56 | Editorial Dept

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…

Iran Plays Down Risk of Retaliatory Attack on Israel

Iran Plays Down Risk of Retaliatory Attack on Israel

Apr 12, 2024 at 05:52 | Editorial Dept

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…

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