Any weakness in oil demand or increase in supply — or both — could push the market into a surplus next year. Saudi Energy Minister Prince Abdulaziz bin Salman is apparently keen on Alexandre Dumas, often […]
Nasdaq Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying strong production from the United States would moderate any upside in oil prices. […]
Armando Cavanha is a global thought energy thought leader with years of experience with Big Oil and is now a professor with international reach. Please follow Armando on his LinkedIn here: https://www.linkedin.com/in/cavanha/ Some of the […]
OPEC MOMR: OPEC’s crude production fell in November for the first time in months. OPEC: U.S. oil output continued to reach new highs. Venezuela and Libya, which are exempted from the OPEC+ deal, saw their […]
South America’s offshore oil boom is set to make the region a major play in global oil markets, challenging OPEC’s dominance. The combined efforts of Guyana and Brazil alone are expected to add nearly three […]
Daily Standup Top Stories King Charles Demands $5 Trillion per Year to Advance WEF’s ‘Net Zero’ Agenda December 5, 2023 Mariel Alumit Britain’s King Charles has demanded that taxpayers around the globe cough up $5 trillion […]
DUBAI – Saudi Arabia’s energy minister has slammed the door shut to agreeing to phase down fossil fuels at the UN’s COP28 climate talks, setting the stage for difficult negotiations in Dubai. A tentative “phasedown/out” […]
Part of the reason oil prices went lower rather than higher last week despite the OPEC+ announcement was the suspicion that some of the cuts will remain so only on paper. Because of algorithms-driven trading, […]
I have to tell you that of all the podcasts that Michael Tanner and I have done, it seems like they are getting more critical and covering more ground in the energy market. I had […]
Today LONDON :OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. Source: Reuters Several […]
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