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 […]
Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow’s revenues to continue […]
To avoid US sanctions, Serbia should completely remove Russian ownership of the National Oil Company of Serbia (NOCS), the country’s largest energy company, US Assistant Secretary of State for European and Eurasian Affairs James […]
The latest Western restrictions are expected to disrupt Moscow’s oil supply to its biggest buyers, China and India India, the world’s third-largest oil importer, is not expecting any disruption to its oil purchases from Russia […]
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new US sanctions on Russian producers and ships curb supplies to Moscow’s […]
Foresea Brazilian drilling contractor Foresea is adding $70m to its backlog under an existing drillship deal with Petrobras. The company established in June 2023 from the restructuring of Ocyan’s drilling unit fixed its floater Norbe […]
Daily 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 […]
US 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) – […]
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 the Russian economy and, conversely, what impact the sanctions will […]
Republican Rep. August Pfluger introduced a new bill Friday that would prevent the president from banning fracking nationally without the consent of Congress. [emphasis, links added] Pfluger’s “Protecting American Energy Production Act” would explicitly require […]
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