Oil prices took away its ‘war premium” after Saudi Arabia gave assurances that they would keep the oil flowing and so far supply has not […]
Continue Reading →If at first you don’t succeed, change the narrative. The Biden administration is once again trying to spin another major foreign policy disaster by trying […]
Continue Reading →Oil prices are cautious as the siege of Gaza unfolds. Hamas is threatening to kill hostages if Israel attacks any Gaza homes, so the stakes […]
Continue Reading →Israel has declared war on Hamas. Hamas, reportedly with the backing of Iran, unleashed a reign of terror where the death toll reportedly exceeded 1100 to […]
Continue Reading →The energy complex continued its shoulder season meltdown because when interest rates hit a 16-year high, it solved all the oil and product supply issues […]
Continue Reading →Maybe California does not want Governor Newsome’s $7 a-gallon gasoline. A stunning 6006.000 barrel-a-day weekly drop in gasoline demand, which may have been exaggerated, showed […]
Continue Reading →Biden is the great unifier. His use of the Strategic Petroleum Reserve (SPR) and his support for a Russian oil price cap have unified OPEC […]
Continue Reading →Oil prices took a respite from worrying about the global undersupply of oil and instead began to focus on the parabolic dollar and more predictions […]
Continue Reading →Oil is back on the rise as a government shutdown was averted and the focus flips back to global undersupply. Oil had a sharp Friday […]
Continue Reading →Mamma put these drills in the ground Mama put these drills in the ground, can’t go offshore anymore, it’s getting too dark to see. I […]
Continue Reading →The global oil market became addicted to SPR oil and now it is addicted to Cushing, Oklahoma. The slapback from the SPR release is creating […]
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New Front. The Energy Report 10/13/2023
Oil prices are back above the 10-day moving average as it appears that Israel is ready to move on the Gaza Strip and Iran threatens […]
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