The complex relationship between the…
Europe looks set to avoid…
While the nature of Cheniere’s…
The West Texas Intermediate (WTI) crude oil market experienced a week of volatility, influenced by a combination of supply dynamics and demand factors. The futures contract witnessed a significant decline…
1. Buoyed by SPR Replenishment, US Sour Grades Roar Back to Strength- The end of…
Politics, Geopolitics & Conflict A month after TotalEnergies said it would finally start filling offshore Lebanon in the third quarter of this year, political chaos (again) threatens to throw a…
Under normal circumstances, I don’t like to see activist investors getting involved in companies whose stock I own or am considering buying. Almost by definition, the hedge funds and investment…
Australia became the world’s leading exporter of LNG last year. Now, there are claims coming from the industry itself that Australia could lose its LNG superpower status or…
September West Texas Intermediate (WTI) crude oil futures experienced another volatile week, culminating in a 3% increase to reach a one-week high on Thursday. Several factors contributed to this rise,…
1. European Natural Gas Prices Start to Climb- Bottoming out in early June,…
Politics, Geopolitics & Conflict In what is perhaps Ukraine’s most significant counteroffensive since the war began, Ukrainian forces began a series of attacks on the Russian frontline last week, claiming…
Shortly after Fed Chair Jay Powell started talking in the press conference that followed the FOMC meeting and interest rate statement on Wednesday, it was clear what he wanted to…
Oil markets very briefly (and dramatically) reacted to rumors this week that an Iranian nuclear deal is back on the table. For some reason, even a whisper of this sends…
Saudi Production Cuts Provide Early Boost to Crude Oil Prices Monday began with a surge in U.S. WTI crude oil prices, driven by Saudi Arabia's announcement of an additional production…
1. Saudi Arabia Takes One for the Team - Saudi Arabia’s decision to unilaterally cut 1…
Energy Markets The biggest news of the week in oil markets is, of course, the newest round of OPEC+ production cuts that came out of the June 4 meeting, and…
"Editorial demands meant that this piece was written on Thursday, before the news of GMs move to the NACS broke. That story, however, doesn't really change things in terms of…
U.S. Defense Department officials have been busy spreading the message that in the event of an intensified conflict with China, CENTCOM could cut off China’s oil imports by blocking oil…
Ahead of the upcoming OPEC+ meeting, July WTI oil prices saw a significant increase on Thursday, offsetting rising inventories in the US. The passing of a bill to suspend the…
1. Exxon Sees Future in Chinese PetrochemicalsDespite a dramatic worsening in the US-Chinese relationship in…
Politics, Geopolitics & Conflict It’s official: Erdogan will remain president of Turkey for five more years after the results of a “free and fair” election, at least if you fail…
The OPEC+ chatter this week is unbearable. Analysts, traders, and media alike have spent considerable time reading tea leaves to determine what course OPEC+ will take at its…
In the last week of April, I wrote in these pages that even though the chart for crude futures (CL) was flashing a buy signal, fundamental factors had a bearish…