Global oil markets are starting 2022 with a number of factors that could make for another volatile year. OPEC is continuing its monthly supply increases but taking a cautious approach so far given uncertain demand. […]
Oil rose for a third straight week as demand remained resilient, while supplies are frayed across the OPEC+ coalition and beyond. West Texas Intermediate crude in New York climbed 5% this week, despite closing down 0.7% […]
The U.S. was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above […]
ENB Publishers Note: For those that do not believe there is a relationship between inflation and energy. Specifically, the higher prices of kwh caused buy the energy policies over the last 20 years. Higher oil, […]
Europe shares advance; Chinese technology stocks retreat S&P 500 index hit 69th record close; iron ore extends the decline. Stocks in Europe advanced along with U.S. equity futures as traders evaluated the resilience of the […]
Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports. Friday, December 23rd, 2021 The interdependence of oil […]
ENB Publishers Note: The King Operating Research team has forecasted $125 to $135 through 2023. This forecast is based upon several key indices around Russia and Saudi Arabia’s budget forecasts. Both budgets are based upon […]
Oil at $100 a barrel was considered inevitable not too long ago, as Wall Street strategists predicted a commodities supercycle. And it still remains in play, even with the omicron variant raging and Covid cases […]
ENB Publishers Note: I disagree that food prices are tempary. There is nothing to indicate any of the other items to manufacture food will have price decreases. In fact with the energy crisis there will […]
Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader rally in financial markets on speculation it can slow inflation without derailing growth. Futures in […]
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