Pietro D
Pitts
Hart Energy
OPEC Meeting Pushed Back, Signaling Lack of Quota Consensus, Rystad Says
OPEC+ members recognize the need to cut production at their ministerial meeting, now set for Nov. 30, but the question is how to shoulder the burden, a Rystad Energy analyst said.
What's Affecting Oil Prices This Week? (Nov. 13, 2023)
For the upcoming week, Stratas Advisors forecast during the fourth quarter that oil demand will outpace supply by around 900,000 bbl/d.
Pitts: Has US Policy Toward Venezuela Already Failed?
As Chinese and Venezuelan relations grow closer, the U.S. scrambles to salvage its failed sanctions strategy against President Nicolás Maduro.
What's Affecting Oil Prices This Week? (Sept. 25, 2023)
For the upcoming week, Stratas Advisors expects oil prices to be under pressure and may test $90 again, with the price of Brent not able to break through $95 last week.
Russia's Gasoline Prices on Exchange Down Almost 10% After Export Ban
Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton on Sept. 22 following a government ban on fuel exports.
Biden Administration Moving to Escalate Energy Trade Dispute with Mexico
President Joe Biden's administration has asked U.S. energy companies to prepare affidavits documenting how Mexico’s protectionist policies disrupted their investments as Washington prepares to escalate a trade dispute with its neighbor.
Standardization Needed to Sell Carbon Credits at Scale, Experts Say
Carbon futures dashboards are emerging in Europe as buyers worldwide are said to be eager to buy carbon credits as commodities.
Gazprom Accounts for More Than Half of Increase in China's Gas Imports
Gazprom accounts for more than half the increase in China's gas imports this year, says CEO Alexei Miller, after Gazprom's natural gas exports, mainly to Europe, almost halved last year after the West responded with economic sanctions to Moscow.
Chart Talk: Venezuela’s Subsidized Fuels Range from Free to Cheap
In OPEC-member Venezuela, fuels are subsidized or unsubsidized while prices range from free to cheap at $0.02/gallon on the low end. But drivers still leave a tip: beans and rice.
Is Venezuela the New Iran? Sanctions, Elections Weigh on Oil Powerhouse
Luis Vicente León, president of Datanalisis, Venezuela’s top polling firm, spoke with Hart Energy in an exclusive interview about Venezuela’s oil sector under the weight of U.S. sanctions, potential gas exports to Trinidad and Tobago and the shape of the country’s 2024 presidential elections.