StanChart: $95 Per Barrel Is The New Oil Price Equilibrium
Oil prices were rallying again on Wednesday after Iran’s Islamic Revolutionary Guard Corps (IRGC) captured two commercial vessels…
Oil Markets on Edge as Trump Signals No Ceasefire Extension Without Agreement
The United States is “highly unlikely” to extend the U.S.-Iran ceasefire that expires in the coming hours, U.S.…
Oil Markets Reprice War Risk After Congress Rejects Iran Pullback
Oil markets clawed back their recent losses, with oil prices rallying after Congress voted in favor of keeping…
Physical Crude Hits Record Highs
Oil prices pulled back on Tuesday while physical crude markets surged to record highs, with traders taking a…
Are Markets Underestimating the Risk of a Prolonged Energy Crisis?
Shortly before the war with Iran began, I wrote that the seeming complacency among government officials and financial…
$100 Oil Could Deliver $63 Billion Cash Surge to U.S. Shale
Shale-focused U.S. oil producers could generate $63.4 billion in extra cash flow if the U.S. benchmark crude price…
Bank of America: Sell Oil Above $100
Bank of America is warning investors not to chase oil prices higher if crude climbs above $100 per…
Canadian Crude Cashes In on War Premium
Just a month ago, Alberta’s finance ministry announced a budget featuring annual deficits for three years in a…
Oil Shock Spreads Through Global Economy
Brent crude and WTI are once again above $100 and likely to stay there longer than those involved…
China to Further Boost Crude Oil Reserves under Five-Year Plan
The world’s top crude importer, China, plans to further boost its undisclosed strategic oil reserves and expand storage…
China’s Oil Buying Spree May Be Running Out of Steam
China’s imports last year broke yet another record, despite talk of waning oil demand. Since the start of…
Oil Jumps as Iran Clock Ticks Toward Zero
Oil ends the month on a firm footing as Iran tensions simmer, but muted attention on the upcoming…