Daily Standup Top Stories Germany on course for longest post-war recession – data January 15, 2025 Mariel Alumit GDP contracted by 0.2% in 2024 due to soaring energy costs and weak exports, official figures show The […]
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year. The change estimated by the EIA compared with a modest draw of […]
Daily Standup Top Stories Rethinking the global electricity debate: Why reliable power matters for economic growth January 14, 2025 Clark Savage Developing and industrialising regions and economies require reliable and low-cost electricity from dependable sources. Global […]
Russia and Iran will sign a comprehensive strategic partnership treaty on Friday, focusing on defense and security cooperation. The treaty solidifies the growing ties between the two nations, who have increased their cooperation in the […]
Algorithmic trading resulted in significant losses for traders last year due to over-reliance on technical signals. Algorithmic traders have reduced the weight of oil in their portfolios by as much as half, from 4% in […]
Data source: Bloomberg, L.P. Note: A front-month contract is a futures contract that is the closest to expiration. Benchmark Brent crude oil futures prices averaged $80 per barrel (b) in 2024, $2/b less than in 2023. Intraday […]
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 […]
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