Oil Slides as US Holds Off Refilling Strategic Reserve
Strong demand expectations from China capped decreases, with Goldman Sachs saying commodities demand was surging in China, the world's biggest oil importer.
Market Watchers: Oil, Gas Demand to Overtake Supply by Year’s End
Dennis Kissler, senior vice president of BOK Financial’s trading division, discusses supply and demand and the gambles ahead for the market.
OPEC+ Likely to Stick to its Guns Despite Price Slump, Delegates Say
OPEC+ plans on sticking to its deal on output cuts of 2 MMbbl/d until the end of the year, even after the banking crisis following the collapse of two U.S. lenders and Switzerland's UBS buying Credit Suisse.
What's Affecting Oil Prices This Week? (March 20, 2023)
The price of Brent crude ended the week at $72.97 and the price of WTI ended the week at $66.74 in reaction to the collapse of Silicon Valley Bank (SVB) and concerns about the stability of the financial sector.
Japanese Utilities Want G7 to Allow Countries to Set Their Own Paths to Energy Transition
The energy crisis caused by Russia's invasion of Ukraine has shown the world that each country must adapt its energy transition strategy according to its own needs.
Commentary: Geopolitical Realities Require Realistic Energy Policies
Can the U.S. oil and gas industry meet growing demand amid the ongoing challenges created by geopolitical realities?
Putin Ally Says US, UK Sowing Deception Over Nord Stream
Last week the New York Times reported that intelligence reviewed by U.S. officials suggested that a pro-Ukraine group — likely comprised of Ukrainians or Russians — attacked the pipelines in September.
The Russia-Ukraine War and Energy Sector Certain Uncertainties
Putin’s invasion of Ukraine has reminded the world that renewables, while gaining momentum, still have a way to go and fossil fuels will remain in demand for decades to come.
What's Affecting Oil Prices This Week? (March 13, 2023)
The price of Brent crude ended the week at $82.78 after closing the previous week at $85.83. The price of WTI ended the week at $76.68 after closing the previous week at $79.68.
Can Governments, Oil and Gas Players, Be Permitted to Get Along?
Governmental measures at the start of the Ukraine war to stabilize oil and gas markets did not ease distrust from the industry.