Oil markets were looking forward…
China is on track to…
Demand forecasts from the IEA,…
December WTI crude oil futures finished higher on Thursday, putting the market in a position to close higher for the week. The bullish price action was fueled by a number…
1. There’s No Good Way to Solve US Fuel Shortage- When Valero (NYSE:VLO) kicked off…
Politics, Geopolitics & Conflict In the Kurdistan Region of Iraq (Iraqi Kurdistan), those remaining oil companies who have unilateral E&P deals with the Kurdistan Regional Government should be very concerned…
From the middle of June until the end of last month, crude was in a sustained downward trend that saw WTI futures drop 38% from a June 14th high of…
The oil markets certainly remember September 14, 2019, when Yemen’s Iran-backed Houthis launched a drone attack on Aramco oil facilities in Eastern Saudi Arabia, cutting Saudi oil production…
U.S. West Texas Intermediate crude oil futures are trading nearly flat after posting a volatile two-sided trade throughout the week. Underpinning prices were concerns over tightening supply that offset the…
1. Gasoline Prices Drop Back After Brief Surge- After several weeks of increasing gasoline prices,…
Politics, Geopolitics & Conflict Some 700,000 men have fled Russia since the announcement of a partial mobilization on Sept 21st. Demonstrations have been taking place across the country, and mobilization…
Long-time readers with very long memories may remember that several years ago, I wrote here about stock in a company called Amyris (AMRS). I was bullish on the stock at…
What Ukraine can expect this winter By Tuesday, the Russian military was claiming to have recaptured some territory in eastern Kharkiv after a Ukrainian counteroffensive had pushed Russian forces back.…
Let’s face it, you don’t have to be a genius to know that there is going to be some incredible growth in the business of making, supplying, and operating chargers…
U.S. West Texas Intermediate crude oil futures are in a position to finish the week lower after a promising finish the prior week. The selling pressure started early Monday with…
1. Supply Disruptions Ratchet Up Pressure on Coal- There has been a noticeable uptick in…
Energy Markets Escalating tensions between the United States and OPEC+, via Saudi Arabia, have triggered some short-term market swings for oil. But a more powerful market force is about to…
The explosions that caused leaks in the Nord Stream pipelines have been deemed sabotage, and the message to Europe is this: Your infrastructure can be crippled - easily.…
U.S. West Texas Intermediate crude oil futures are up sharply late Thursday and for the week after OPEC and its allies (OPEC+) agreed to tighten global supply with a deal…
1. Drastic OPEC+ Cuts Signal Group Cohesion- Having met in person for the first time…
Politics, Geopolitics & Conflict Clashes erupted on Tuesday in Iraq’s oil-rich Basra region following rocket attacks on the presidential palace, intensifying concerns that unrest in Baghdad could directly threaten the…
A couple of weeks ago, when the rumors started about the production cuts that OPEC+ confirmed yesterday, I wrote that, from a long-term perspective, the cuts didn’t alter my bearish…
This week’s noteworthy elements include more than just the slow sapping of the U.S. Strategic Petroleum Reserves, which have fallen to 416 million barrels - levels not seen…