Global Energy Alert

Dec 15, 2023 at 03:30 | Editorial Dept

As you may know, I am someone who rarely uses a chart pattern or signal as the basis for a trade. I tend to do “top down” analysis, meaning that…

Dec 15, 2023 at 03:28 | Editorial Dept

As Yemen’s Iran-backed Houthis continue to attack merchant ships in the Red Sea, and as U.S. naval forces continue to shoot down Houthi drones in answer to mounting…

Dec 08, 2023 at 06:26 | Editorial Dept

1. ExxonMobil Aims for Global Dominance- ExxonMobil’s $60 billion Pioneer acquisition has become a defining…

Dec 08, 2023 at 04:16 | Editorial Dept

Global oil markets are witnessing a significant downturn, with prices dropping to six-month lows. This trend is primarily driven by concerns over energy demand in key markets such as the…

Dec 08, 2023 at 04:14 | Editorial Dept

Discovery & Development Chevron has asked the Cypriot government for an extension to complete the FEED study for its Aphrodite natural gas project in Cyprus. The two have a PSC…

Dec 08, 2023 at 04:12 | Editorial Dept

The markets are ignoring rising geopolitical tensions on multiple fronts right now–from Israel and the Red Sea to Venezuela and Guyana. Some 8.8 million barrels of oil per…

Dec 01, 2023 at 08:39 | Editorial Dept

Over the last twenty years or so, I have spent a lot of time teaching and mentoring aspiring traders. During that time, I have heard a lot of questions, but…

Dec 01, 2023 at 08:31 | Editorial Dept

OPEC+ Agrees on Significant Output Cuts Amid Market Uncertainty In a decisive move, OPEC+ members, led by Saudi Arabia, have agreed to substantial voluntary output cuts totaling about 2.2 million…

Dec 01, 2023 at 08:28 | Editorial Dept

1. OPEC+ Confronts Quota Imperfections, Weak Sentiment- Saudi Arabia and Russia, the two heavyweights of…

Dec 01, 2023 at 08:23 | Editorial Dept

Markets Oil markets balked at the OPEC+ news this week that saw the organization extend cuts from Saudi Arabia and Russia and deepen the group’s overall cuts with other member…

Dec 01, 2023 at 08:20 | Editorial Dept

For newly oil-rich Guyana, this weekend will be a fateful one, with rumors that Venezuela is gathering forces to invade at the close of a referendum on the…

Nov 17, 2023 at 11:24 | Editorial Dept

One of the things on which I pride myself when writing here, or elsewhere for that matter, is that I don’t run away and hide should I make a bad…

Nov 17, 2023 at 05:31 | Editorial Dept

January U.S. Crude Prices Plunge January U.S. crude oil witnessed a significant drop of around 5% on Thursday, hitting a four-month low. This decline in West Texas Intermediate (WTI) crude,…

Nov 17, 2023 at 05:28 | Editorial Dept

1. Europe Cracks Down on Methane Emissions- The European Union agreed on a deal…

Nov 17, 2023 at 05:26 | Editorial Dept

Politics, Geopolitics & Conflict An oil tanker set to load crude from a Libyan port was turned away this week because it had made a run to Israel prior to…

Nov 17, 2023 at 05:24 | Editorial Dept

Washington is gearing up to tighten sanctions on Iran, again, at the same time as new revelations emerge indicating that Iran was caught unaware when Hamas attacked Israel…

Nov 10, 2023 at 05:36 | Editorial Dept

1. Can We Get a Little Contango Now?- China’s swelling oil inventories and weakening crude…

Nov 10, 2023 at 04:14 | Editorial Dept

Crude Oil Market Overview The current state of the crude oil market is marked by a downward trend, with both the international benchmark Brent crude and the U.S. benchmark WTI…

Nov 10, 2023 at 04:12 | Editorial Dept

Politics, Geopolitics & Conflict The frontier between Lebanon and Israel has become an intense second front in the Hamas-Israel conflict, which threatens to intensify though Lebanon’s Hezbollah leader Nasrallah avoided…

Nov 10, 2023 at 04:08 | Editorial Dept

I have said it many times before in these pages and will no doubt say it many times in the future too, but it is often the case that a…