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Pitts: How Venezuelan Elections Impact Texas and Louisiana
The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.
Macquarie Sees Potential for Large Crude Draw Next Week
Macquarie analysts estimate an 8.2 MMbbl draw down in U.S. crude stocks and exports rebound.
What's Affecting Oil Prices This Week? (July 1, 2024)
Stratas Advisors expects price movements in the coming week to be dampened because of economic and political uncertainty.
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Pitts: How Venezuelan Elections Impact Texas and Louisiana
The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.
Florida Gas Stations Run Empty Amid Panic Ahead of Hurricane Milton
Terminals, pipelines and gas stations are shutting down in Florida as the state readies for the impacts of Hurricane Milton.
Macquarie Sees Potential for Large Crude Draw Next Week
Macquarie analysts estimate an 8.2 MMbbl draw down in U.S. crude stocks and exports rebound.
US Gasoline Margins Slump on Lackluster Summer Demand
Gasoline futures were last down about 2.8% and their premium over West Texas Intermediate crude oil futures shrank to their weakest since Nov. 7, 2023.
What's Affecting Oil Prices This Week? (July 1, 2024)
Stratas Advisors expects price movements in the coming week to be dampened because of economic and political uncertainty.
Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk
Proposed U.S. legislation known as "NOPEC" could open OPEC up to anti-trust lawsuits, which complicates plans for an OPEC+ format that would've included Russia, the country's energy minister says.