Middle East
Liquefied Natural Gas (LNG) , International , CERAWeek
CERAWeek: JERA CEO Touts Importance of US LNG Supply
JERA Co. Global CEO Yukio Kani said during CERAWeek by S&P Global that it was important to have a portfolio of diversified LNG supply sources, especially from the U.S.
Crude Oil , International , CERAWeek
Proactive, not Reactive: Taking Measures to Keep Oil Stable
Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty.
Finance , Investment , Crude Oil
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Crude Oil , International
What's Affecting Oil Prices This Week? (March 18, 2024)
On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.
CERAWeek , Energy Transition
CERAWeek: Saudi Aramco CEO Says No Peak in Oil Demand for Some Time to Come
Reducing greenhouse gas emissions from hydrocarbons through carbon capture and other technologies achieves better results than alternative energies, Saudi Aramco CEO Amin Nasser said.
Earnings
Aramco Reports Second Highest Net Income for 2023
The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.
Crude Oil , International
What's Affecting Oil Prices This Week? (March 11, 2024)
Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.
Crude Oil , International
US Leads Global Oil Production for Sixth Straight Year-EIA
The Energy Information Administration says it is unlikely that the record will be broken by another country in the near term.
Crude Oil , International
Oil Market Shifting Back to Supply/Demand
Stratas Advisors' John Paisie forecasts the price of Brent crude to increase during the second and third quarters of this year and move toward $90/bbl.
Crude Oil , International
What's Affecting Oil Prices This Week? (March 4, 2024)
For the upcoming week, Stratas Advisors expect the price of Brent will move sideways and will struggle to break through $85.