Well, it is year end 2024, time for all respectable pundits to earn their keep by making predictions or by bloviating on the latest topic somebody has latched onto. So, we approached our favorite pundit, […]
Weekly Daily Standup Top Stories EV Sales Slump: A Global Reality Check December 8, 2024 Clark Savage Global EV sales are slowing down due to high prices, concerns about charging infrastructure, and reduced government subsidies. Major […]
The US reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit. Global oil consumption should exceed output by 100,000 barrels a day in 2025, according to […]
OPEC+ postponed the start of increasing oil production, tightening the market supply and potentially leading to higher prices. Morgan Stanley revised its Brent crude price forecast to $70 per barrel for the second half of […]
The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]
The cartel needs to be more honest about the implications of its drive to keep crude prices high. The best scandals are those that start when someone, somewhere, decides to say something utterly shocking: the […]
Whereas the latest oil price rally comes as a boon for long-suffering oil bulls, countries that rely heavily on Middle Eastern energy imports are by no means celebrating. In August, the Middle East accounted for […]
Conclusion on Oil Price Forecasts for 2024 The consensus among market analysts indicates that oil prices will likely remain elevated for the remainder of 2024, with projections suggesting an average price range for Brent crude […]
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […]
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