Euphoria Time?
In what is turning out to be a very impressive earnings season, nearly all the...
The Snowball Effect.
The weakening of the U.S. dollar helped oil prices this week, keeping WTI front-month prices...
The Oil Industry Needs $12 Trillion in Investment.
The Biden administration released a fact sheet saying it would start refilling the US Strategic Petroleum...
Accelerating Bioenergy.
BP announced that it has agreed to acquire Archaea Energy Inc., a leading producer of...
Still No Clarity.
With a large part of the world caught up in an energy crisis, there is...
Losses And Gains
OPEC slashed its global oil demand growth estimates on Wednesday for both 2022 and 2023,...
Energy Crisis And Commodities
The commodity sector, led by crude oil and fuel products, continued to show strength despite...
Tight natural gas markets.
European natural gas prices and Asian spot LNG prices spiked to record highs in the...
Oil Fundamentals
OPEC sent markets into a tizzy last week… But bearish fundamentals in oil remain too strong to ignore....
They Did It Again.
And OPEC’s once-waining influence is back in full force. They’ve cut oil production quotas by 2 million...