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HomeCrude Oil News

Crude Oil News

Commodities

Is Big Oil Overselling Its Energy Transition Efforts?

March 7, 2022 Andy Del Prado

February has been a month marked by explosive reports revealing sweeping greenwashing campaigns by the fossil fuels industry. As the dust settles from the first waves of the novel coronavirus pandemic, investigative watchdogs are taking […]

Geopolitical Tensions and Energy, Oil and Gas Prices will have two outcomes – go up or dramatically go up higher, and here is why.
Crude Oil News

Russia’s Most Important Oil Export Partners

March 7, 2022 Stu Turley

In what would mark a significant new escalation of the sanctions placed on Russia as a result of its invasion of Ukraine, U.S. Secretary of State Blinken said on Sunday that the United States and […]

Elon Musk - If he gets it - it has to be right -ENB
Commodities

Too little, Too late and in the wrong direction. How will the the actions of the U.S. administration will hurt investors and consumers?

March 7, 2022 Stu Turley

A friend told me that his dad lost his four best friends in dog fights over the skies of North Vietnam during the Vietnam War in the F4 Phantom. A common term was “Buckle Up, […]

Crude Oil News

Saudi crown prince plays the oil card in quest for U.S. recognition

March 7, 2022 Andy Del Prado

DUBAI (Reuters) – Saudi Arabia’s crown prince says he simply doesn’t care whether Joe Biden misunderstands him. The prince is instead looking to his oil power to deliver his goals, according to sources familiar with […]

Crude oil and Money -EnergyNewsBeat.com
Crude Oil News

Oil surges to multi-year highs as Russian supply shortfall looms

March 6, 2022 Andy Del Prado

NEW YORK, March 4 (Reuters) – Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the world’s second-largest exporter of crude. Crude […]

crude oil - pipe
Crude Oil News

Two Oil Price Scenarios: One Bad, And One Catastrophic

March 6, 2022 Andy Del Prado

This is the key point that JPMorgan’s commodity strategist Natasha Kaneva makes in a research note earlier today, in which she notes that while the US and its allies have so far stopped short of […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Commodities

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol

March 6, 2022 Stu Turley

‘Plenty of twists and turns to come,’ says Vitol’s Muller Vitol’s views echo those of Wall Street banks such as Goldman Global oil markets could tighten even more with Russian flows being disrupted and producers […]

Crude Oil News

White House Weighs Ban on Russian Oil Imports as Congress Fumes

March 5, 2022 Mariel Alumit

The Biden administration is weighing a ban on U.S. imports of Russian crude oil as Congress races toward passing such a restriction to punish the Kremlin for its invasion of Ukraine. Conversations are taking place […]

Oil rigs in the Cook Inlet oil field of Alaska.
Climate Crisis

Oil and gas lobbyists are using Ukraine to push for a drilling free-for-all in the US – is it the right thing to do?

March 5, 2022 Stu Turley

ENB Publishers note: We like to hear all sides of any discussion. This opinion piece from The Guardian is an interesting viewpoint from the anti-oil point of view. Personally, I believe that we need to […]

Commodities

Will the commitment last from the U.S. importers of Russian oil? Russia can’t find buyers and is lowering prices, but what will it do to world oil prices?

March 4, 2022 Stu Turley

When things could not get any worse in the world’s energy crisis, Putin has successfully pushed the crisis to a whole new level. As I have talked about in the past few weeks, the hypocrisy […]

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