U.S. Hydrogen Developers Seek to Expand IRA Tax Credit Rules
The shift in Fed Chair…
The United States is set…
Demand forecasts from the IEA,…
Politics, Geopolitics & Conflict Fighting continues to rage in Sudan (it’s been a week) in what is looking increasingly likely to descend into a civil war, with a powerful paramilitary…
Over the next week or so, we will see quite a few significant energy companies’ Q1 earnings reports, culminating in the big two, Exxon Mobil (XOM) and Chevron (CVX), who…
Turkish President Recep Tayyip Erdogan hit the jackpot with a recent natural gas discovery in the Black Sea. Now he is offering up free gas in the biggest…
Crude oil closed lower on Thursday after an OPEC report raised concerns about summer demand, encouraging traders to book profits after the market failed to follow through to the upside…
1. Chinese Oil Imports Soar to New Highs- Chinese crude imports…
Politics, Geopolitics & Conflict The purported U.S. intelligence leaks that were mysteriously been floating around social media for a month (possibly longer) before being detected speak volumes in one particular…
War is a dirty business. The war profiteers descend on these battlefields like vultures. There are no exceptions. Ask Bosnians. Ask Iraqis. Ask Syrians. Take your pick. Everything…
June WTI crude oil prices remained relatively stable on Thursday and into Friday morning but marked a third consecutive weekly increase as investors evaluated the impact of OPEC+ production cuts…
1. Gasoline Might be a Problem for US East Coast• As US gasoline stocks have…
Politics, Geopolitics & Conflict Despite warnings from China that it would retaliate in some way, the U.S. went ahead with a meeting in LA between Taiwanese President Tsai Ing-wen and…
Trading is always short-term in nature. Even if you are swing trading, positions are rarely carried for more than a few weeks, maybe a month or two, which may seem…
The Iraqi federal government and the Kurdistan Regional Government (KRG) cut a deal earlier this week to resume the export via pipeline of some 450,000 bpd of Kurdish…
US benchmark June West Texas Intermediate crude oil futures increased by more than 1% on Thursday. This price rise was due to a reduction in U.S. crude reserves and a…
1. Iraq’s Oil Ambitions Face Harsh Reality of Low Investment- Iraq’s oil production capacity is…
Politics, Geopolitics & Conflict In a major loss for U.S. foreign policy, the Saudis have agreed to join the Shanghai Cooperation Organization (SCO) as a “dialogue partner” as it moves…
As I have said many times before, I have made a living from markets on and off for around forty years. I have often looked back and analyzed what it…
The oil markets have interpreted the most recent development in the battle between Baghdad and Erbil rather dramatically. Just when it appeared that the new Iraqi government was…
U.S. West Texas Intermediate crude oil prices fell by 1% on Thursday after U.S. Energy Secretary Jennifer Granholm informed lawmakers that refilling the Strategic Petroleum Reserve (SPR) might take several…
1. China-Russia Relations Continue To Improve- The visit of Chinese President Xi Jinping…
Politics, Geopolitics & Conflict The U.S. Fed insists that the financial sector is “sound and resilient”, despite the banking crises that started with the collapse of two regional U.S. banks,…