The much-anticipated Israel strike, involving 140 fighter jets, against Iran in the wee hours on Saturday, reduced the tension somewhat in the Middle East as the Western leaders hope it would bring an end to the tit-for-tat cycle of attacks and counter attacks. Within hours of the unprecedented att…
Monday 28 October 2024
Thursday 24 October 2024
Great South Asian Thaw: ties between India and China limps back to normalcy!
The famous handshake between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping at the BRICS summit in Russia signaled a potential thaw in the frosty relations between the two Asian giants. However, the path towards reconciliation has been fraught with challenges and setbacks. The …
Tuesday 22 October 2024
Global Oil Demand: IEA puts a damper on optimism of OPEC+ - again!
The IEA, International Energy Agency, put a damper on the recovery of oil prices again with the release of the latest report on the demand in the commodity. In its latest report, released in October, the IEA says the oil demand is poised to grow by approximately 890,000 barrels per day (kb/d) in 202…
Friday 18 October 2024
US missile attack in Yemen using B-2 stealth bombers: a menacing message to Iran!
The United States confirmed on Thursday that one of its long range stealth bombers, B-2, carried out an attack on Houthi targets in Yemen last night, in the area controlled by the Iran-aligned group. This is the first time the US used $1-billion aircraft against the Houthis; the US used these bomber…
Wednesday 16 October 2024
Oil leak in Kharg Island: crude oil prices continue to go down!
As the tension between Iran and Israel is on the rise with an imminent retaliation by the latter in the offing, by coincidence a few significant fires broke out in some regions in Iran. At the weekend, for instance, there was a huge fire in Tehran in an iron-work factory; then, on Tuesday, there wa…
Friday 11 October 2024
Crude Oil Prices: will Israel spare Kharg island, if it retaliates against Iran?
AS Israel has not launched the much anticipated retaliatory attack against its archfoe in the region, Iran, as yet, the crude oil prices did not move up exponentially as both analysts and investors feared. That, however, does not mean the world is out of the woods yet, as far as an unhindered suppl…
Tuesday 8 October 2024
Oil prices: impact of Hurricane Milton and conflict in the Middle East
The US state of Florida is bracing itself for a direct hit by Hurricane Milton that develops into a major storm, on Wednesday. Since the Gulf of Mexico is one of the most important region for energy resources and infrastructure, both onshore and offshore, in the US, the world's top energy prod…
Tuesday 1 October 2024
Chinese manufacturing activities picked up in September
www.oilfutures.co.uk The price of crude oil is still on a downward trajectory despite the volatility in the Middle EAST and some encouraging news about the Chinese economy. As for the Middle East, the IDF, Israel Defence Forces, made an incursion into Lebanon on Monday night while bringing the weeks-…
Sunday 22 September 2024
US rate cuts and Middle East Volatility struggle to excite oil markets
The price of crude oil experienced a slight uptick before the weekend, potentially influenced by the unexpected U. S. interest rate cut and escalating tensions in the Middle East.
Subscribe to:
Posts (Atom)
Search for Articles
Popular Posts
-
On a determined mission to turn their back on Russian oil and gas, the European countries are simply staring into an abyss of uncertainty in...
-
The negotiators from Iran and the rest of the signatories to the JCPOA, 2015 nuclear deal, are back in Vienna, the Austrian capital, to r...
-
The sudden announcement by the OPEC+ - OPEC plus Russia - took us, the mere mortals, by surprise and it was a bolt from the blue, indeed. T...
-
Judging by the reaction on impulse, the production cuts announced by the OPEC+ on Wednesday, has clearly left the Biden administration of ...
-
Crude oil price that has been rising for the past three weeks at a slower, but steady rate, appears to be facing a formidable ceiling to s...
TOP CATEGORIES
Labels
Crude Oil Prices
(513)
Global Politics & Energy
(513)
Crude Oil Prices
(9)
featured
(4)
Gas Prices
(518)
Global Politics & Energy
(10)
Oil & Gas Market Analysis
(520)
Blog Archive
-
▼
2024
(45)
-
▼
October
(8)
- Days of Repentance: Israeli attack on Iran and imp...
- Great South Asian Thaw: ties between India and Chi...
- Global Oil Demand: IEA puts a damper on optimism o...
- US missile attack in Yemen using B-2 stealth bombe...
- Oil leak in Kharg Island: crude oil prices continu...
- Crude Oil Prices: will Israel spare Kharg island,...
- Oil prices: impact of Hurricane Milton and conflic...
- Chinese manufacturing activities picked up in Sept...
-
▼
October
(8)