Strong Demand is Keeping Oil Prices Elevated—But for How Long?
Rig counts are falling—a reflection of higher interest rates and labor costs that now affect drilling costs, moving break-even prices even higher out in the price curve.
The U.S. Natural Gas Solution to a ‘More Dangerous’ World
Sempra Infrastructure’s Dan Brouillette, former U.S. energy secretary, describes the shift in thought on climate, energy and economic policy.
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.
What's Affecting Oil Prices This Week? (August 14, 2023)
Stratas Advisors expects that oil prices will moderate in fourth quarter 2023 after the increase in prices in third quarter 2023.
What's Affecting Oil Prices This Week? (July 31, 2023)
Stratas Advisors is forecasting oil demand will outstrip supply by 1.24 MMbbl/d in third quarter 2023 and by 1.11 MMbbl/d in the fourth quarter.
Paisie: Oil Price to Zig and Zag Upward
OPEC+ will remain intent on adjusting supply to align with demand.
Market Watchers: What China’s Slump and Russia’s Unrest Mean for the Energy Market
Dennis Kissler of BOK Financial Securities analyzes the net impact of crude futures that seem landlocked by price in this Hart Energy exclusive.
What's Affecting Oil Prices This Week? (July 17, 2023)
Oil prices are being affected by production shutdowns in Libya, inflation falling in the U.S. and the sentiment of oil traders.
Brent Oil Hovers Above $81 After Supply Disruptions
Global benchmark Brent crude hovered above $81/bbl on July 14, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and Nigeria.
What's Affecting Oil Prices This Week? (July 10, 2023)
Oil prices are being impacted by a number of factors, including Saudi Arabia's extension of voluntary production, Russia's plan to decrease crude exports and Algeria's plan to cut 20,000 bbl/d in the month of August.