Brent up 1.3%, WTI adds 1.7% in the week Concerns about more supply disruptions as Trump returns to power Potential halt to Houthi attacks on shipping in focus after Gaza ceasefire deal US oil rig count falls by two HOUSTON, Jan 17 (Reuters) – Oil prices settled lower on Friday but notched their fourth straight […]
Continue ReadingThe two nations, both under immense pressure, are together pushing to create a fairer world The relationship between Russia and Iran is deeply rooted in history, dating back to the 16th century when the two nations first established contact. Despite periods of tension, pragmatism has always been at the core of their interactions. Historically, Russia […]
Continue ReadingDaily Standup Top Stories What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations? January 12, 2025 Clark Savage ENB Pub Note: The following article is an excellent summary from Alexandra Prokopenko and Alexander Kolyandr about what the oil and gas exports mean to […]
Continue ReadingThe US President-elect’s advisers are reportedly considering easing restrictions on Russian energy depending on how Ukraine peace talks go Advisers to US President-elect Donald Trump are developing a strategy to push Russia-Ukraine peace talks which could involve easing sanctions on Moscow, Bloomberg reported on Thursday, citing sources familiar with Trump’s plans. Last week, incumbent US President Joe […]
Continue ReadingDaily 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 economic growth is increasing the demand for efficient cost-effective supply chain for the fuels, thousands of products, and for electricity […] […]
Continue ReadingAlgorithmic 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 July last year to just 2% today. Fundamentals are back in the limelight as traders are focusing on supply trends. […]
Continue ReadingDaily Standup Top Stories Ukraine tried to sabotage Russian gas supply to Türkiye – Moscow January 13, 2025 Mariel Alumit A drone attack has been thwarted at a key compressor station, the Defense Ministry has said Ukraine has launched an unsuccessful drone attack on Russian energy infrastructure which delivers natural gas to Türkiye , […] Tougher […]
Continue ReadingUS sanctions seen costing Russia billions of dollars a month US official sees no danger of global crude oil shortage Circumventing sanctions could add costs to Russia\’s oil industry WASHINGTON/NEW DELHI/LONDON, Jan 10 (Reuters) – U.S. President Joe Biden\’s administration imposed its broadest package of sanctions so far targeting Russia\’s oil and gas revenues on […]
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Daily Standup Top Stories Chevron Targets $6-8 bln In Free Cash Flow Growth By 2026 January 8, 2025 Clark Savage Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by “a couple billion dollars,” Chevron CEO Michael Wirth announced on Wednesday. America’s second […] Salt […]
Continue ReadingDaily Standup Top Stories Why would President Trump want to Annex Greenland? Is it for the weather or critical minerals? January 7, 2025 Clark Savage Ok, there is a lot of speculation today from X around Donald Trump Jr.’s trip to Greenland. I watched the call with President Trump calling into a town hall-style gathering, and […]
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