Oil Price Thanks to steady inflows in recent weeks, United States Oil ETF (NYSEARCA: USO) is once again the biggest oil exchange-traded fund in the world in terms of total assets, topping WisdomTree Brent Crude […]
Authored by Irina Slav via OilPrice.com, In its latest World Energy Outlook, the International Energy Agency has reiterated its claim that crude oil, natural gas, and coal demand will peak before 2030. The agency sees […]
Global stock dipped and US equity futures traded lower as crude oil extended the weekly advance for a 4th day, rising above $90 on concerns Israel and Hamas war could widen into a regional conflict […]
September 26, 2023 Data source: Kpler tanker tracking data (accessed August 2023) Kuwait‘s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in […]
Shale pioneer Harold Hamm, the founder of Continental Resources, has called for the uncertainty in U.S. oil and gas regulations to end so that the industry can have clearer advance plans on drilling and production […]
Oil and oil stocks are overbought, but underlying supports could see them rise further before profit taking drives prices lower. In June I laid out the case for why oil’s extended slump was likely over. […]
Oil prices rose for yet another day early on Tuesday, with Brent hitting $95 per barrel, as Azerbaijan said it had launched “anti-terrorist” operations in the Nagorno-Karabakh region with mostly Armenian population. The Azerbaijan-Armenia tensions […]
Washington, DC – The United States has acknowledged that it seized cargo containing nearly one million barrels of Iranian oil earlier this year, a move that had inflamed tensions in the Gulf. The seizure was […]
Oil demand’s future is rosier than the common narrative would have you believe, according to a report released today by Energy Outlook Advisors. According to energy analyst and the report’s author Anas Alhajji, the hope […]
Global markets have kicked off the new quarter with solid gains from Asia to Europe (as previewed last week in “The Technical Overhang Is Done, July Starts With A Bullish Eruption“) while US equity futures […]
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