Texas is breaking for electricity…
Spy dens across Europe are…
India is bracing for its…
U.S. West Texas Intermediate crude oil futures are trading lower on Friday shortly after the release of a strong U.S. Non-Farm Payrolls report that suggests the U.S. is not in…
1. OPEC+ Agrees on Lowest Monthly Increase in Years- In a move widely perceived as…
Politics, Geopolitics & Conflict Last month, the EU heralded a deal with Azerbaijan that would net it extra Azeri gas to reduce dependence on Russia. That deal is now being…
While everyone is monitoring a war in Europe, Iraq - OPEC’s second-largest producer - is experiencing the climax of a long-running political stalemate that will have major geopolitical…
Interpreting economic data, “the figures” as those of us in the interbank forex market used to call them, used to be simple. If a number relevant to the dollar beat…
U.S. West Texas Intermediate crude oil futures are trading higher on Friday on reports that OPEC and its allies will ignore President Biden’s request to boost supply at next week’s…
1. Recession Could Soon Become Reality- Despite recent attempts to redefine the concept of economic…
Politics, Geopolitics & Conflict Thousands of protesters loyal to Shi’ite cleric Moqtada al-Sadr stormed the Iraqi parliament on Wednesday, leading to an ongoing political standoff for OPEC’s second-largest oil producer.…
With the Fed’s decision to raise rates behind us, there are still multiple uncertainties threatening to keep oil prices unstable. In the current tight market, the Fed’s move…
1. OPEC+ Speeds Up Oil Production Increases- The most recent OPEC+ meeting this Thursday saw…
U.S. West Texas Intermediate crude oil futures are edging higher in a mixed trade on Friday. Pressuring prices early in the session was OPEC+’s decision to raise production targets slightly…
Politics, Geopolitics & Conflict The rumors this week that OPEC could suspend Russia’ from its production quota agreement were likely just a testing of the waters. These rumors were complicated…
The EU finally reached an agreement — albeit a watered-down one — on banning Russian oil imports. The ban has been a long time coming - and it…
U.S. West Texas Intermediate crude oil futures are trading nearly flat on Friday, while continuing to hover near its more than two-month high. Helping to underpin prices is the prospect…
1. China Cedes Top LNG Buyer Spot to Japan Amid Weak Demand- China’s LNG imports…
Politics, Geopolitics & Conflict Henry Kissinger made headlines at Davos when he said what we suspected many of the more sinister actors were thinking for some time now: Ukraine should…
Europe has a gas problem. No, not that kind of gas problem, they have a natural gas problem. From the second half of the twentieth century until around 2010, natural…
American shale producers are right to avoid the temptation of pumping oil with WTI in the $1100-$110 range. Rewarding shareholders isn’t just about appeasement, which is long overdue,…
This month we are taking another look at pipelines, specifically those used to transport oil and gas from the field to refineries. There is an odd disparity in…
U.S. West Texas Intermediate crude oil futures are inching higher on Friday, putting it in a position to finish higher for the week, as a planned European Union ban on…