Despite the recent détente between…
Oil prices began to rebound…
Elon Musk's SpaceX recently launched the first batch of its next-generation Starlink internet satellites that already appear to be in trouble. In a Wednesday tweet, Musk…
The statement from the U.S. Energy Secretary that it will be difficult to refill the SPR despite oil prices being in the desired range has added downward pressure to oil prices…
U.S. West Texas Intermediate crude oil prices fell by 1% on Thursday after U.S. Energy Secretary Jennifer Granholm informed lawmakers that refilling the Strategic Petroleum Reserve (SPR) might take several…
1. China-Russia Relations Continue To Improve- The visit of Chinese President Xi Jinping…
Politics, Geopolitics & Conflict The U.S. Fed insists that the financial sector is “sound and resilient”, despite the banking crises that started with the collapse of two regional U.S. banks,…
One of the things I learned early in my trading career was that in that business, admitting and acknowledging mistakes is a good thing. That is so ingrained in me…
Oil prices have sunk to levels that are leaving traders wondering two things: will OPEC implement further cuts to raise prices, and will the United States finally move to purchase…
Oil prices plunged by 4% early on Friday as the U.S. dollar rallied and banking stocks in Europe crashed in a sign of renewed pressure on the sector. As of…
Despite continued pressure on oil prices, the commodity will likely end the week with a gain. Although crude began Friday trade with a loss, it was modestly up at the…
In early March, the Energy Information Administration forecast that U.S. crude oil production would rise by close to 600,000 barrels daily this year to a record high of…
Electric vehicles are taking off. As an essential part of any viable pathway to reaching global emissions targets, the EV industry is currently the focus of a massive global acceleration,…
The leaders of Georgia's ruling party have been pushing a seemingly paradoxical allegation: that Western-funded NGOs supported what the party calls a Russia-sponsored protest movement against the construction of the…
The Russian invasion of Ukraine has not only led to an increase in the shipment of sanctioned crude oil and petroleum products by a shadow fleet, but it…
Gasoil stocks held in Asia have jumped since the EU’s ban on imports of Russian diesel came into effect on February 5 as Asian refiners now have to compete with…
China’s economic growth could exceed official targets and consumer mobility and spending could surge after the reopening to super-charge a renewed increase in energy commodity prices, especially crude oil, Wood…
Crude oil prices moved lower today as the Federal Reserve signaled the U.S. economy is not yet out of the woods and the EIA reported yet another weekly build in…
Historically, giant commodity traders such as Switzerland's Vitol, Glencore, and Gunvor as well as Singapore’s Trafigura have dominated the global…
Early this month, Tesla’s Elon Musk announced the company’s next-generation cars would cost half as much as current models. The bombastic statement was completely in character and did…
The OPEC+ group is not expected to intervene in the oil market with changes to its production policy, likely keeping the current quotas until the end of 2023, despite the…
More than half of Europe’s LNG import capacity could become stranded assets by 2030 as current LNG buildout plans are set to vastly exceed projected demand for liquefied natural gas…