The oil market is bracing for a tough 2025, but Barclays believes the industry’s pessimism might be overdone. Brent crude hovered around $71 per barrel this week, raising chatter of a potential dip into the […]
Daily Standup Top Stories China Targets Critical Metals in Tit-for-Tat Response to US December 3, 2024 Clark Savage Beijing bans exports of germanium, gallium to American market Move is a swift reply to Biden’s escalation […]
Delegates say no opposition has emerged so far to the proposal Ministers will meet online on Dec. 5 to seek formal agreement OPEC+ is making progress toward an agreement to delay its oil-production revival by […]
The cartel needs to be more honest about the implications of its drive to keep crude prices high. The best scandals are those that start when someone, somewhere, decides to say something utterly shocking: the […]
Daily Standup Top Stories Trump Energy Agenda Will Have A Heavy Natural Gas Focus November 26, 2024 Clark Savage ENB Pub Note: This article is from David Blackmon on Forbes. I agree with David on his […]
Oil markets are fully focused on this Sunday’s OPEC+ meeting after top officials from the three biggest producers in the alliance met on Tuesday. – European gas prices have surged almost 45% this year and […]
Daily Standup Top Stories Tesla Excluded From EV Buyer Credits in California Proposal November 25, 2024 Clark Savage (Bloomberg) — Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision […]
Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]
For months, the IEA has struck a bearish tone and warned of a large surplus coming to the market in 2025. Global inventories have been drawing down at a much larger rate than the IEA […]
China’s weak oil demand has already thrown OPEC+ off track in its supply-management policies. Trump’s energy policies could create a new challenge for OPEC in 2025. Amidst further uncertainties about global oil supply and demand […]
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