Inflation makes strange bedfellows. Suddenly the administration is out of love with Iran.
Michael Warren
A Very European Ban on Russian Oil. Maybe.
Monday, April 18, 2022
This could be the first global oil crisis that drives prices lower (after it drives them higher).
The Bear/Bull Case in the Russian Oil Ban
Wednesday, March 16, 2022
If Europe bans, it’s a recession. But Russia becomes a desperate oil seller. Unless...
Ukraine is One Risk, Saudi Another
Tuesday, January 25, 2022
Prices imply a low probability of a Russia/Europe rupture. But Saudi could help, and isn’t.
Europe’s EV Miracle Doesn’t Live Up to the Hype
Monday, November 22, 2021
It’s just a Europe thing. And barely even that.
The Mighty DUCs Are Gone
Wednesday, September 29, 2021
The fracklog has been exhausted everywhere but the Permian. Time to drill – but will they?
No, We Still Don’t See $100 Oil
Tuesday, July 6, 2021
And no, it’s not “the end of OPEC.” It’s in Saudi’s interest to make it right with UAE.
$100 Oil?
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.