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U.S. Wants To Boost Energy Exports to India. It Will Be Tough.

The United States is looking to increase its exports of crude oil and natural gas to India—the world’s most heavily import-dependent nation. As such, India is a tasty morsel for any producing country with extra barrels. Yet there is a reason that the U.S. is not already a major supplier to the... Далее

OilPrice

Perfectly-Timed $1 Billion Wagers Tied To Iran War Raise Suspicion

A couple of weeks ago, we reported that traders had ramped up bearish bets on oil prices, with traders pouring nearly $1 billion into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), a leveraged bet on falling prices following war-driven highs. This massive buildup in bearish sentiment came... Далее

OilPrice

Cambodia Turns to Hydropower as Fuel Crunch Hits

China looks to further boost its footprint in neighboring Asian markets as the energy crisis is straining fuel supply to Southeast Asia. As the region became the first victim of the fuel crunch due to the Middle East war, Cambodia broke ground on its first gigawatt-scale hydropower project to boost... Далее

OilPrice

Oil Is No Longer Trading Like a Market

The oil market is heading into unknown spaces. To paraphrase Starship Enterprise, “Oil markets ('Space' the final frontier. These are the voyages of the starship Enterprise. Its 5-year mission: to explore strange new worlds, to seek out new life and new civilizations, to boldly go where no man has... Далее

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Two Presidents, Two Decisions, Two Fuel Price Crises

I was recently fueling up my wife's car in Tempe, Arizona when I noticed something I hadn't seen in a while: an "I did that!" sticker pointed at the price on the pump. Those stickers were everywhere during the gas price spike under President Biden. Now they're back — with the same message, but a... Далее