Oil Prices On Track For First Quarterly Loss Since 2020
Oil prices are on course for their first quarterly loss since 2020, with recession fears driving prices down to an eight-month low last week. There is some upside potential for Continue Reading
Gas Prices Like a Leaf in the Wind
Current energy crisis forces intensified this week. Gas prices appear like a leaf in the wind, with little indication on how far they will be carried and in what direction. Continue Reading
Oil drops on dollar strength, but OPEC+ talks offer support
Oil prices fell on Thursday, with a stronger dollar paring the previous day’s more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut Continue Reading
Major Commodity Trader Sees Looming Oil Price Spikes
Recession fears have dragged crude prices down $40 from their peak earlier this year. Reduced liquidity has made any price moves even more volatile. Trafigura’s Chief Economist thinks that the Continue Reading
Where Will WTI Crude Oil Price Be at End-2022?
Executives from 159 oil and gas firms offer their views. The West Texas Intermediate crude oil price will be $88.74 per barrel at the end of the year. That was Continue Reading
IEA: LNG Market To Be Even Tighter In 2023
The global liquefied natural gas market could be even tighter next year compared to already tight LNG markets in 2022, Fatih Birol, Executive Director of the International Energy Agency (IEA), Continue Reading
Iran strikes opposition targets deep in Iraqi Kurdistan
Iran’s military operations against opposition groups in Iraqi Kurdistan escalated sharply on Wednesday as it launched three sets of drone and missile attacks deep inside Iraqi territory, killing at least Continue Reading
Long road ahead for restoring global corn supply hit by weather, war
High prices, tight supply, poor China demand hit exports Brazil may deliver record corn crop in MY 2022-23 Dryness seen delaying early planting in Argentina this year Global corn supplies Continue Reading
The World Sees Brazil’s Election as a Climate Flashpoint. Brazilians Have Other Concerns
Lula, the favorite against Bolsonaro, is promising to reverse rainforest-destroying policies and protect the climate. He’ll also have to keep the country from going hungry. At the edge of the Continue Reading
Argentina’s shale output to stall amid bottlenecks, analyst warns | Reuters
Activity levels are at all-time highs in Argentina’s prime region for oil and gas production, but equipment and transport bottlenecks are limiting its growth, energy executives said on Thursday at Continue Reading