Daily Standup Top Stories Sinopec, PetroChina Hit Hard by China’s Slowing Oil Demand October 30, 2024 Mariel Alumit China’s two largest refiners, Sinopec and PetroChina, have reported steep declines in refining output as domestic oil […]
Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted […]
Daily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the […]
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the […]
Daily Standup Top Stories Oil Prices Tumble as Demand Concerns Take Center Stage October 15, 2024 Mariel Alumit Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders […]
Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders refocused on growing demand concerns. – The September monthly average refining margin fell to its lowest for the month since […]
Weekly Daily Standup Top Stories What will happen to oil prices if Israel attacks Iran oil installations? October 6, 2024 Stu Turley If Israel were to attack Iran’s oil installations, the immediate impact on oil prices […]
Daily Standup Top Stories Is Israel Waiting For The U.S. Elections To Make Its Biggest Move Against Iran? October 7, 2024 Stu Turley Israel faces mounting pressure to strike Iran’s nuclear facilities amid escalating missile attacks, […]
A record short position in oil and energy stocks has led to a historic short squeeze, driving prices sharply higher. Goldman Sachs predicts that Brent crude could reach $90 or higher if the conflict between […]
Daily Standup Top Stories What will happen to oil prices if Israel attacks Iran oil installations? October 6, 2024 Stu Turley If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would […]
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