2022-08-15 - Stratas Advisors anticipates continued oil price volatility due to macroeconomic and geopolitical uncertainties, as well as supply/demand fundamental fragility.
2022-06-16 - Despite its ban, the EU remained the main destination for Russian oil exports last month, making up 43% of Russian flows followed by just over a quarter to China.
2022-06-15 - According to IEA predictions, global oil demand will rise 2.2 MMbbl/d in the next year, with China leading the gains as it emerges from pandemic-induced lockdowns.
2022-06-10 - “I can’t deny that,” U.S. energy security envoy Amos Hochstein told the Senate Subcommittee in response to a question about whether Moscow was making more money now off its crude oil and gas sales.
2022-06-17 - Russia, for example, could retaliate by holding oil from the market. That could immediately drive prices higher as the world’s oil producers have very little spare capacity after years of underinvestment in oil fields and refineries.