India will continue buying Russian oil as it is advantageous for the country, Foreign Minister Subrahmanyam Jaishankar has said during his first visit to Russia since it invaded Ukraine, in a move counter to Western […]
As October drew to a close, the White House saw another potential energy flash point on the horizon. Diesel and heating oil inventories in the US Northeast were getting worryingly low. Officials swung into action, […]
Forecast overview The November 2022 Short-Term Energy Outlook (STEO) marks the release of our new text format. We have reconfigured the text to provide readers with discussions and visualizations we think best convey our energy forecast and its […]
The OPEC+ oil producer alliance, which had pledged to cut output by 100,000 b/d in October, instead hiked production by 220,000 b/d as several members recovered some barrels lost by outages and maintenance, the latest […]
Beginning in November 2021, President Joe Biden’s administration has used the Strategic Petroleum Reserve (SPR) to combat rising gas prices. In March of 2022, the administration announced a new release of 180 million barrels of […]
OPEC issued its 2022 World Oil Outlook report this week. In it the cartel predicted global oil demand is going to continue to rise in the medium and long term, despite the West attempting to […]
Authored by Gary Richard via The Mises Institute, Kish, since you are wondering, is an Iranian island in the Persian Gulf famed for its tourist and shopping attractions. It is becoming a serious rival to […]
Asia’s purchase of Russian crude is unlikely to be deterred by issues relating to insurance after the G7 base price regime is implemented next month, though logistical challenges will have to be tackled, several maritime […]
Russian seaborne exports of crude and oil products were little changed on the month in October after an increase in crude flows despite incoming EU sanctions were offset by a fall in product exports from […]
Oil markets can’t seem to choose which direction to head. Fears of demand destruction sparked by a global economic slowdown are at odds with the very real threat of a supply shortage. The oil market […]
Copyright © 2025 | Sandstone Group