Russia’s crude oil exports have plunged to…
The recent Houthi attack on…
Rystad Energy disputes OPEC’s claim…
Politics, Geopolitics & Conflict Libya continues to unravel, quietly, with indications mounting that rival governments are regrouping for something big. Earlier this week, aided by US intelligence, Italian authorities intercepted…
Those who have been reading my contributions here for a while will know that I am not really a momentum guy. By training and nature, I am more of a…
Oil markets were looking at two things this week (and likely next week): The eternal debate on supply and demand, and an Israel-Lebanon war that requires only a…
Oil futures have surged sharply this week, driven by a significant draw in U.S. crude inventories and signs of a cooling job market that have fueled hopes of a potential…
1. Summer Demand Finally Kicks In, Lifting Oil Prices Out of Contango - The summer rally of the…
Politics, Geopolitics & Conflict The Sudanese government has accused the UAE of supplying weapons to the rival paramilitary force with whom the government has been engaged in a bloody civil…
This week, the International Energy Agency (IEA) issued a report predicting that “peak oil” the all time high point in oil demand, will come as soon as 2029. My first…
While Putin was hoping his visit to Kim Jun-Il and a timely defense pact with North Korea would create more of a fuss in the media, center stage…
Oil Prices Rise on OPEC Demand Forecast and Easing U.S. Inflation Oil prices are sharply higher as we end the week, driven by an optimistic demand forecast from OPEC and…
1. IEA Angers Oil Market With 2029 Demand Peak Call - This week has seen a fierce standoff…
Deals, Mergers & Acquisitions Matador Resources Company has announced the acquisition of Permian Basin oil and gas properties from Ameredev II Parent, LLC for $1.9 billion. This deal includes a…
As you are probably aware, and for obvious reasons, when writing here I typically stick to energy markets, writing about either stocks in the sector or the commodities that underly…
While optimistic inflation data slightly buoyed oil earlier this week, with the Fed indicating one rate cut before the end of this year, and more to follow in…
OPEC's decision on Sunday to leave the door open for rolling back some of the production cuts, while not an unprecedented move, has led to a bearish reaction in the…
Politics, Geopolitics & Conflict - Tensions are slowly rising, and expanding further afield in relation to the Russia-Ukraine war, with a number of new developments that build on other East-West…
In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors.…
Oil Market Weekly Recap and Forecast Oil prices closed higher on Thursday, rebounding after a week of significant losses. The market reacted positively to the European Central Bank's (ECB) decision…
1. ConocoPhillips’ Takeover of Marathon Oil Creates 3rd Largest US Producer - ConocoPhillips agreed to purchase Marathon Oil…
Oil Market Weekly Recap and Next Week's Outlook This week, oil prices experienced volatility driven by mixed signals from U.S. fuel demand data, expectations surrounding the OPEC+ meeting, and macroeconomic…
Politics, Geopolitics & Conflict Azerbaijan's strategic location and hydrocarbon wealth are propelling it to become a major player in energy and geopolitics beyond the South Caucasus. Leveraging partnerships with Turkey…