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.
High Geopolitical Risk for Oil
Where oil prices go next depends on how current geopolitical conflicts play out.
Chairman of Russia's Oil Major Lukoil Dies Suddenly Aged 66
The previous board head of Lukoil died in September of last year after falling from a hospital window in Moscow, just a couple months after the Russian oil major took a public stand against the country's invasion of Ukraine.
German, UK Officials: ‘No Way Back’ for Russian Natural Gas in Europe
Germany’s ambassador to the U.K. and a British energy minister said the invasion of Ukraine has permanently severed the energy relationship between Europe and Russia.
Exclusive: Dan Pickering Says Shale Oil Entering Long Upcycle [WATCH]
Pickering Energy Partners is looking into the next chapter of oil and gas with heavy focus on oil going into the triple digits, says founder Dan Pickering in this Hart LIVE Exclusive.
What's Affecting Oil Prices This Week? (Oct. 02, 2023)
For the upcoming week, Stratas Advisors predicts oil prices will have a downward bias, in part because of concerns about economic growth and oil demand.
McKinsey: Shale Poised for Big Role in Long-term LNG Demand
A global LNG supply gap will begin to open up in the 2030s, according to a McKinsey & Co. analysis but the U.S. might lose its competitive edge if red tape, particularly around pipeline permitting, isn't addressed.
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.
Oil to Rise, But Won’t Break $100
Stratas Advisors still holds the view that oil prices will not break through $100/bbl this year.