Russia’s crude oil exports have plunged to…
The outcome of the presidential…
A very volatile week for…
It is that time of year again, when the mind of every trader, investor, and analyst turns to what the next year will bring. In late December even those like…
While the world is now focused squarely on Israel-Gaza and Yemen’s Houthi attacks on merchant vessels in the Red Sea due to the concrete nature of these actions, the market…
1. The Contango in WTI Turns Steep Enough to Make it Lucrative- All the key…
This week, the oil market witnessed a significant rebound, driven by a confluence of factors including a weaker dollar and revised demand forecasts from major energy organizations. After a period…
Politics, Geopolitics & Conflict Across Ukraine, the government announced large-scale air alerts on Thursday, with explosions reported near Kyiv, though scant details were available. Kyiv warned that the entire country…
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…
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…
1. ExxonMobil Aims for Global Dominance- ExxonMobil’s $60 billion Pioneer acquisition has become a defining…
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…
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…
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…
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…
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…
1. OPEC+ Confronts Quota Imperfections, Weak Sentiment- Saudi Arabia and Russia, the two heavyweights of…
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…
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…
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…
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,…
1. Europe Cracks Down on Methane Emissions- The European Union agreed on a deal…
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…