DELIVERIES ONLY

OPEC

Lackluster OPEC quotas won’t solve oil market tensions | OilPrice.com

Yesterday, OPEC and its partners led by Russia he agreed increase its combined oil production by 100,000 barrels per day in September. Reports note that the decision follows calls for more oil from the US and other major consumers. However, an extra 100,000 barrels per day is unlikely to be enough to further lower prices. …

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Bull

Supply disruptions fuel bullish sentiment in oil markets | OilPrice.com

Oil markets are once again bullish as supply shortages mount and global oil demand growth continues unabated. Friday, July 1, 2022 As uncertainty mounts over OPEC+ supply capacity and oil demand rages despite expectations of demand destruction, bullish sentiment is building in oil markets. Now, to add to this bullish sentiment, another form of supply …

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“Perfect storm”: The Minister of Energy is issuing a threatening warning about gas as prices rise

The new energy minister has warned that Australia is on the brink of a gas crisis and the problem will not be resolved quickly. Key points: Gas prices are rising due to the war in Ukraine and problems with some coal-fired power plants The new Labor government is meeting with gas companies to find more …

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