Goldman Sachs expects ‘all time high’ oil demand to spur large deficits, boosting priceshttps://www.cnbc.com/2023/07/24/goldman-sachs-expects-all-time-high-oil-demand-will-boost-prices.html- expect demand to rise by 2 million bpd from India and
Oil slides more than 1% as Chinese GDP dents demand hopeshttps://www.reuters.com/business/energy/oil-slips-after-libya-resumes-output-china-data-eyed-2023-07-17- GDP grew 6.3% year-on-year in the 2nd quarter, compared with analyst forecasts of
Biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coasthttps://www.eia.gov/todayinenergy/detail.php?id=57040- renewable diesel = diesel made from - biodiesel used as well- petroleum distillate consumption down
Oil falls amid China growth uncertaintieshttps://www.reuters.com/business/energy/oil-prices-come-off-earlier-gains-banks-cut-china-growth-forecasts-2023-06-19/- the issue is headwinds, but is China's economy really that bad- the real issue is t
Commodities Slide as Investors Bet on Economic Slowdownhttps://www.wsj.com/articles/commodities-slide-as-investors-bet-on-economic-slowdown-233a6d3- if prices trend down to the $60s or $50s by October then Shale producers might curb production
Ford to charge up EV drive with flurry of battery dealshttps://www.reuters.com/business/autos-transportation/ford-announce-new-battery-material-deals-investor-event-2023-05-22/- doubts about Ford's ability to actually hit their EV production ta
Big Oil Has $150 Billion in Cash and Investors Want a Sharehttps://www.wsj.com/articles/big-oil-has-150-billion-in-cash-and-investors-want-a-share-b5cdea35- oil companies sitting on cash now, but they may need that cash for when prices are lowe
China’s mixed economic data fuels concerns about recoveryhttps://www.japantimes.co.jp/news/2023/05/01/business/china-economic-recovery-concerns/#- Is this something that China can deal with domestically? Or is it the fault of the global economy
Biden admin preparing major crackdown on power plants that fuel nation's gridhttps://www.foxnews.com/politics/biden-admin-preparing-major-crackdown-power-plants-fuel-nations-grid- EPA planning to issue regulation that would limit emissions from
Russia forecasts stable oil output to 2025, to set up stockpileshttps://www.reuters.com/business/energy/russia-forecasts-stable-oil-output-2025-set-up-stockpiles-2023-04-17/- Russia wants to build their stockpiles. Are they taking 500,000bpd of
OPEC+ announces surprise oil output cutshttps://www.reuters.com/business/energy/sarabia-other-opec-producers-announce-voluntary-oil-output-cuts-2023-04-02/- Does OPEC think that China's oil demand isn't coming back strong?- Russia retaliating a
Saudi Arabia and U.A.E. Clash Over Oil, Yemen as Rift Growshttps://www.wsj.com/articles/saudi-arabia-and-u-a-e-clash-over-oil-yemen-as-rift-grows-ff286ff9- "Once close friends, the two biggest Arab economies are increasingly competing for money
Russia to cut oil output by 500,000 bpd in Marchhttps://www.reuters.com/business/energy/russia-cut-oil-output-by-500000-bpd-march-2023-02-10/-"As of today, we are fully selling the entire volume of oil produced, however, as stated earlier, we w
No OPEC ministerial meeting, but the Saudi oil minister gets his 2-cents inSaudi energy minister cautious on oil production, warns on investment outlook and geopoliticshttps://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oi
Worst London air pollution in six years as home fires burnhttps://www.theguardian.com/environment/2023/jan/27/worst-london-air-pollution-in-six-years-as-home-fires-burn- wood is a really dirty burning fuel- its expensive to pay for heating, peo
Russian oil trade remains in ship-shape as the EU price cap has failed to stem Moscow's freight and insurance income, analyst sayshttps://markets.businessinsider.com/news/commodities/russian-oil-india-china-not-cheap-shipping-fees-kpler-analyst
China’s corn-based ethanol fuel threatens food security while crowding the market, state commentary warnshttps://www.scmp.com/economy/china-economy/article/3207013/chinas-corn-based-ethanol-fuel-threatens-food-security-while-crowding-market-sta
Oil rises on demand optimism as China borders reopenhttps://www.reuters.com/business/energy/oil-nudges-higher-after-china-opens-borders-lifts-fuel-demand-outlook-2023-01-09/- we are seeing back and forth with whether CHina's demand is going to
Subscribe to the newsletter WTI higher or lower than $73, Brent higher or lower than $77?Ellen-HigherRyan-says Lower (but really thinks higher)Biden adviser calls investor refusal to ramp up shale drilling ‘un-American’https://thehill.com/polic
Subscribe to the newsletterOil prices rose as much as 2% on hopes of China’s reopening and as OPEC+ maintains output cut targetshttps://www.cnbc.com/2022/12/05/oil-prices-rise-as-much-as-2percent-on-signs-of-china-covid-easing.html- OPEC decide
Subscribe to the newsletterBiden gives Chevron permit to restart Venezuelan oil saleshttps://www.politico.com/news/2022/11/26/biden-chevron-permit-venezuelan-oil-sales-00070836Chevron can resume key role in Venezuela's oil output, exportshttps:
Frackers Say Oil Production Slowing in the Shale Patchhttps://www.wsj.com/articles/frackers-say-oil-production-slowing-in-the-shale-patch-11667743226- problem is that frackers are drilling in gassier areas- will likely get more production in 20
Subscribe to newsletterFossil fuel producers flex their muscle at UN climate summithttps://www.ft.com/content/a29c1204-70cf-46c1-b266-780788bfa048- Fossil fuel companies invited to COP27 for the first time- Are they hijacking the conference wit
Never miss an episode by subscribing to the newsletterChina’s Xi Jinping to Visit Saudi Arabia Amid Global Reshufflinghttps://www.wsj.com/articles/chinas-xi-jinping-to-visit-saudi-arabia-amid-global-reshuffling-11667818979Chinese-Saudi relation
US backs Opec calls for more oil, gas investment https://www.argusmedia.com/en/news/2385879-us-backs-opec-calls-for-more-oil-gas-investment- The US' top energy envoy Amos Hochstein today supported calls for investment in oil and gas to increas