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Month: March 2021

Category:
  • Prices

Crude oil futures surge on US stimulus optimism, OPEC+ meeting in sight

Crude oil futures surged during the mid-morning trade in Asia March 1, with the oil market reversing the previous session’s losses as risk-on sentiment gripped the markets following the US Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Powers Ahead as Critical OPEC+ Meeting Looms, Dollar Sags

Oil demonstrated its resilience in the week’s opening session, rebounding from the biggest slump since November ahead of a key OPEC+ meeting that may see some supply returned to a Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil prices jump as U.S. House passes huge stimulus bill

Oil prices rebounded more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a slowdown in China’s February factory activity growth capped gains.  Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

Why Big Oil Expects Record Cash Flow In 2021

The world’s largest oil companies are set for a cash flow bonanza this year, probably at record levels, as massive cost cuts in the wake of the 2020 oil price Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Economy

Why Collapse Occurs; Why It May Not Be Far Away

Collapse is a frightening subject. The question of why collapse occurs is something I have pieced together over many years of study from a number of different sources, which I Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • coronavirus

Covid-19 Vaccines Yield Breakthroughs in Long-Term Fight Against Infectious Disease

The pandemic has opened a new era for vaccines developed with gene-based technologies, techniques that have long stumped scientists and pharmaceutical companies, suggesting the possibility of future protection against a range of Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ Faces Calls to Cool Oil Market Frenzy With Extra Barrels

From trading houses in Geneva to Wall Street banks, much of the oil world agrees that global markets could use some more barrels. The big question is whether OPEC+ will provide Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Iran
  • USA

Iran Rejects Offer of Direct U.S. Nuclear Talks, Senior Diplomats Say

Iran rejected a European Union offer to hold direct nuclear talks with the U.S. in the coming days, risking renewed tension between Tehran and Western capitals. Senior Western diplomats said Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • OPEC

UAE says OPEC adding 1.5 mil b/d in April hinges on vaccine rollout, demand recovery

The chance of OPEC and its allies agreeing to increase crude output by 1.5 million b/d for April will hinge on a successful rollout of the COVID-19 vaccines and its Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple
Category:
  • Iran

Iran Rejects Offer of Direct U.S. Nuclear Talks, Ratcheting Up Tension With West

With Tehran escalating its nuclear activities in recent months in breach of the 2015 nuclear deal, the U.S. conducting airstrikes on Iranian-backed militias in Syria , and Iranian presidential elections Continue Reading

Posted On : 1 Mar 2021 Published By : Tom Whipple

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