And no, it’s not “the end of OPEC.” It’s in Saudi’s interest to make it right with UAE.
No, We Still Don’t See $100 Oil
Tuesday, July 6, 2021
Monday, June 28, 2021
For the moment Saudi dictates prices, and they say “it’s my job” to stop a “super-cycle.”
Can Oil Survive Iran After All?
Friday, April 30, 2021
An improbable rapprochement between Iran and Saudi could absorb a flood of new supply.
The Electric Future is Driven by Oil
Friday, February 19, 2021
Hybrids will dominate new car sales. A renewed Iran deal is a bigger threat to oil prices.
Shale Survives, and May Soon Thrive
Tuesday, December 8, 2020
OPEC accommodates US market share, and restarting shut-ins provides needed cash flow.
If It’s a V-Shaped Recovery, What About Oil Prices?
Thursday, September 24, 2020
OPEC+ must optimize rebounding demand, huge inventories, and resilient US fracking.
On the WTI Crash
Monday, April 20, 2020
Worst squeeze ever. But even today’s demand can’t be supplied at twice these prices.
How Low Can Oil Go?
Monday, March 30, 2020
Oil is caught in a storage and finance squeeze, but the world can’t be supplied at $20.
Just What We Didn’t Need: An Oil Price War
Sunday, March 8, 2020
Saudi and Russia have a falling out. This is the systemic threat we’ve been warning about.
After Soleimani, What If Peace Breaks Out All Over?
Monday, January 6, 2020
#WWIII is one thing – but taking out Middle East oil capacity is a way to support prices.