The conflict between Azerbaijan and…
Methanol is emerging as the…
The complex relationship between the…
On Thursday, US benchmark July crude oil futures prices declined after Russian Deputy Prime Minister Alexander Novak suggested that there might not be any additional production cuts by OPEC+ in…
1. Upcoming OPEC+ Meeting Might be An Exercise in “Ouching”- Saudi Arabia’s Energy Minister Abdulaziz…
Politics, Geopolitics & Conflict Iran’s response to an Israeli threat to take unspecified action against Tehran’s nuclear program was to test-launch a ballistic missile on Thursday, demonstrating a 2,000-km range…
This week, as the deadline for reaching an agreement on raising the US debt limit approached, the ratings agency Fitch announced that they were placing the AAA debt rating of…
Putin has failed to temper Prigozhin, the head of Russia’s private mercenary group, Wagner. In fact, Prigozhin is now becoming a global household name, finding himself in the…
The June WTI crude oil futures contract witnessed fluctuations throughout the week, responding to various factors. Despite solid U.S. economic data that fueled a stronger dollar and raised expectations of…
1. OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment- OPEC+ compliance with its collective targets keeps…
Politics, Geopolitics & Conflict While the battle rages on in Sudan between the military and a paramilitary group called the Rapid Support Forces (RSF), the big question for oil market…
On Monday, the US Department of Energy announced that it will begin buying crude oil to restock the Strategic Petroleum Reserve (SPR), the level of which hit a multi-decade low…
With Turkey’s presidential and parliamentary elections heading into a run-off vote on May 28th, Erdogan has the new god of selective censorship (Elon Musk on his Twitter throne)…
Over the last year or so, probably the most spectacular move in any energy-related market has been the collapse of natural gas (NG). The price of front-end futures in the…
On Thursday, US benchmark West Texas Intermediate crude oil prices experienced a 2% decline, reaching a one-week low. The drop then continued on Friday morning. This drop can be attributed…
1. Canada Wildfires Curb Gas Output- Canada’s ongoing state of emergency that was triggered by…
The Arab world has welcomed Syria back into the fold; specifically, by readmitting the Assad regime into the Arab League, from which it was evicted 12 years ago.…
U.S. West Texas Intermediate crude oil futures plunged on Thursday, reaching their lowest point since late March. The move also turned the market lower for the week. Crude oil is…
1. Recession Worries Wipe Out Most of OPEC+ Upside- Oil prices have been sliding for…
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…