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What's Affecting Oil Prices This Week? (Jan. 6, 2025)

Recent geopolitical news also provided some support for oil prices with the rhetoric heating up between Iran and Israel.

Belcher: Heed the Harsh Lessons from Europe’s Net-Zero Perils

The EU’s aggressive climate stance is wreaking economic havoc and mounting regulations could hurt the U.S. LNG industry.

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Oil edged lower on Dec. 26 in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China.

Russia Declares Federal Emergency Over Black Sea Oil Spill

Russia declared a federal emergency on Dec. 26 over an oil spill in the Black Sea.

What's Affecting Oil Prices This Week? (Dec. 23, 2024)

For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.

Paisie: With Oil Prices, It’s All About the Economy

One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.

What's Affecting Oil Prices This Week? (Dec. 16, 2024)

For the upcoming week, Stratas Advisors expect oil prices will move sideways with more downside risk than upside potential.

Paisie: Trump’s Impact on All Things Energy

President-elect Donald Trump’s policies are expected to benefit the U.S. oil and gas sector, but also bring economic and geopolitical risks.

Commerce Department Sees Higher Dumping of Mexican, Argentine OCTG

United States Steel Corp. said it has concerns that Argentine oil country tubular goods are being dumped “at much higher levels” than preliminary data suggested.

What's Affecting Oil Prices This Week? (Dec. 9, 2024)

For the upcoming week, Stratas Advisors believes the announced delay by OPEC+ will keep the price of Brent crude above $70, but not reach $73.