How quickly will the closure of the Strait of Hormuz force Arab Gulf crude oil exporters to shut-in production? It all depends on spare
Kategorie: Crude Oil Intelligence
While the world waited with bated breath for the International Energy Agency (IEA) to coordinate a response to the Hormuz crisis, Japan had already
The time for total transparency on Cushing crude inventories is now Despite the phenomenal growth of China’s oil storage capacity and actual stock levels
Following the Biden Administration’s decision to halt new oil and gas leasing activities across federal lands and offshore waters pending the outcome of a
COVID-19 at its peak caused the steepest demand drop in oil history, albeit with stark differences across fuel types and sectors of economic activity.
Roughly a year after the oil shock of COVID-19 – marked by collapsing demand, surging inventories, heroic supply cuts — the question before us
The global oil industry has been doubly hit by the COVID-19 pandemic: by the collapse in oil demand triggered by the lockdowns and by
The oil market was shaken to its core when NYMEX WTI prompt contract prices, for the first time in history, fell into negative territory.
China and its neighboring Asian countries are exhibiting different crude demand profiles just a few months after the first cases of coronavirus Implied crude
The back-to-back OPEC+ and G20 meetings resulted in the largest (in volume) and broadest (in participants) production cut deal in oil history and seem
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