Crude Oil News
U.S. Oil Drilling Activity Inches Up
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count rose by 1 […]
WTI
Critical Minerals
Serbia Debates Lithium Ban
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, […]
Crude Oil News
Historic Short Squeeze Sends Oil Prices Higher
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 […]
Climate Crisis
Oil Prices Skyrocket Overnight
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 […]
Crude Oil News
What will happen to oil prices if Israel attacks Iran oil installations?
If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would likely be a significant increase, driven by concerns over supply disruptions in a region crucial for global oil production. Here’s […]
Crude Oil News
Israel-Iran Showdown Threatens India’s Energy Security
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 […]
Crude Oil News
Oil shock? How OPEC+ could soften the blow if the Middle East conflict hits supply.
Oil prices have climbed so far this week, with traders worried that Israel may decide to hit Iran’s oil infrastructure in retaliation to Tehran’s missile attack — but the market has a not-so-secret cushion that […]
Big Oil Companies
VP Debate Foreign-Policy Highlights
Daily Standup Top Stories Top Foreign-Policy Takeaways From the Vice Presidential Debate October 2, 2024 Mariel Alumit The two contenders clashed over Iran’s threat to Israel, tariffs on China, border security, and the health of U.S. […]
Crude Oil News
Oil Moves Higher Despite Rising U.S. Crude Inventories
Crude oil prices ticked higher today, even though the U.S. Energy Information Administration reported an estimated inventory build of 3.9 million barrels for the week to September 27, driven by the latest escalation in the Middle East. […]
Crude Oil News
U.S. Petroleum Inventories Fall More Than Expected
Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]