Oil demand continues to rise, defying negative predictions about the economy and the lackluster market action that continues to wait for the other shoe to […]
Continue Reading →The Saudis go it alone strategy to cut oil production by 1.0 million barrels of oil a day is being tested by the speculators who […]
Continue Reading →The Saudi Energy Minister likes to be known as the Alan Greenspan of the global oil market but this weekend he came off more like […]
Continue Reading →Oil prices and product prices have rocketed back, not so much on the fact that demand is strong and supplies are tight, even though they […]
Continue Reading →Fear and anxiety continue to drive the petroleum complex as it continues to trade on fears of what may happen as opposed to what is […]
Continue Reading →Oil prices are getting slammed on concerns that the Chinese economy hit a brick wall, talk that OPEC won’t back up the tough talk by […]
Continue Reading →The excitement over the debt ceiling deal in principle is wearing off for the oil trade as there are some doubts that it will get […]
Continue Reading →Give me a headline, and I’ll give you a dollar. The debt showdown negotiations dominated the oil market and the perceived progress on the negotiations, […]
Continue Reading →While oil and gas supplies plummet, petroleum prices have gone into default mode after Fitch Ratings placed the United States AAA credit rating on a […]
Continue Reading →Biden is on the verge of another gasoline price hike and this time there is not much he can do about it. Last time when […]
Continue Reading →A stark warning from Saudi Arabia’s Prince Abdulaziz to oil speculators to “watch out” and the sudden realization by the RBOB gasoline market yesterday that, […]
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Four Dollars in Boise. The Energy Report 06/08/2023
Gasoline prices hit the $4.00 a gallon mark in Boise, Idaho for the first time this year and that can’t be a good sign for […]
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