OPEC to Trump: We Set the Price, Not You
One of President Trump’s first orders of business following the initial burst of executive orders was to declare…
A New Oil Cycle Begins And Sanctions, Shale, and OPEC Set the Stage
When President Donald Trump came into office, oil prices jumped. The immediate reason was simple enough: Trump likes…
Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories in the United States saw a colossal build of 8.7 million barrels during the week…
Trump’s Drilling Plan Finds No Support From US, OPEC Oil Producers
President Trump wants to increase drilling to lower oil prices, but producers are hesitant.Sources told The Wall Street…
Goldman Sachs: Brent Crude Could Hit $93 if Sanctions Hit Iranian, Russian Oil
Goldman Sachs analysts predict Brent crude prices could temporarily surge to $93 per barrel if sanctions successfully curb…
EIA Oil Inventory Estimates Suggest Build Season Is Upon Us
Crude oil inventories in the United States saw a large build of 3.5 million barrels during the week…
Russia Resumes Oil Supply to Czech Republic via Druzhba Pipeline
12/6/2024 (Reuters) – Russian oil supplies to the Czech Republic via the Druzhba pipeline resumed on Friday, Czech…
Poland Shuts Russian Oil Pipeline After Leak
Poland has shut down a branch of the Druzhba pipeline after detecting a leak, Bloomberg reported on Sunday,…
Trump 2.0 could usher in LNG golden era, Rystad Energy research predicts
Triggered by incoming U.S. President Donald Trump, the next four years could prime the liquefied natural gas (LNG)…
Geopolitical Risks Boost Oil Hedging to Record Highs
Traders and investors traded record-high numbers of options and futures contracts in October, seeking to profit from the…