Global Oil Stockpiles Plunge as Iran War Chokes Supply
The West’s international energy watchdog has warned that oil stockpiles were being drained at a record rate last…
Oil Futures Markets Still Too Complacent About Supply Shock
The oil futures market appears not to have caught up with the massive supply disruption from the Middle…
FOMC Updates: Fed Holds Interest Rates, Powell’s Last Fed Meeting
It’s the third Fed day of the year — and it’s set to be Jerome Powell’s swan song.…
Goldman Sachs Raises Oil Price Forecast Yet Again
Goldman Sachs once again raised its outlook for oil prices, now seeing Brent crude at an average of…
The Cushion Is Gone and the Oil Market Is Now Exposed
The global oil market has been on a rollercoaster since late February, but the price reaction to the…