I have said many times that this is not your daddy’s OPEC. Oil prices have another reason not to break out to the downside of […]
Continue Reading →Once again very tight oil supply and very good demand is being overshadowed by China oil demand concerns. The latest worry is coming from UBS […]
Continue Reading →Oil inventories continue to tighten even as crack spreads crack under seasonal pressure and hopes that Libyan oil production won’t be down for too long. […]
Continue Reading →Oil prices seemed shocked that a real oil supply disruption could raise prices while Exxon Mobil is warning of a coming oil shock unless the […]
Continue Reading →The Fed Pivots while Israel attacks, and Libya shuts down oil production. The pieces are falling into place for a monster oil rally that could […]
Continue Reading →The petroleum markets that have crashed despite data showing robust demand and tight supply should be a flashing caution light for Federal Reserve Chairman Jerome […]
Continue Reading →You can’t hide your lying eyes, but the Bureau of Labor Statistics sure tried. The U.S. Bureau of Labor Statistics had to fess up and […]
Continue Reading →Iran revolutionary guard spokesman said that a retaliation attack on Israel may take a long time so without a threat of a major OPEC oil […]
Continue Reading →While oil prices fluctuate on concerns about Chinese demand and handicapping geopolitical risk factors there is at least one campaign that is preparing for the […]
Continue Reading →The world is reaching decisive moments as the presumptive democratic presidential nominee pushes price controls and a potential ‘decisive moment’ for peace in the Middle […]
Continue Reading →Global oil markets are getting sucked into the belief that somehow this time peace talks between Hamas and Israel may have a different outcome. The […]
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Libya Versus China. The Energy Report 09/03/2024
Oil prices are giving into weak demand concerns out of China and hoping that their economic slowdown will make the loss of Libyan barrels somewhat […]
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