The Energy Bulletin Weekly 12 October 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
West Texas Intermediate crude closed above $80 a barrel on Monday for the first time since late 2014 as a growing power crisis from Europe to Asia boosts demand for oil ahead of winter.
The Energy Bulletin Weekly
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices rose for the fifth straight week with the global energy crunch set to boost demand for crude as stockpiles decline from the US to China.
The Energy Bulletin Weekly 20 September 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Brent futures dipped on Friday but held above $75 a barrel, remaining on track for weekly gains of more than 3% thanks to the slow recovery in output after two hurricanes in the Gulf of Mexico.
The Energy Bulletin Weekly 13 September 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Futures rose towards $73 a barrel on Friday as refineries in Louisiana restarted and returning offshore production could not keep pace.
The Energy Bulletin Weekly 7 September 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Damages to oil production facilities in the US Gulf of Mexico kept output largely halted a week after Hurricane Ida made landfall, according to offshore regulator the Bureau of Safety and Environmental Enforcement.
The Energy Bulletin Weekly 30 August 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices advanced as hurricane Ida shut off some 59% of Gulf of Mexico crude production. At the same time, the Federal Reserve reinforced its support to begin tapering stimulus by the end of the year.
The Energy Bulletin Weekly 23 August 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Oil production is generally declining in the list of nations below; nearly all appear to be in permanent decline, though a few—especially Suriname—will increase again.
The Energy Bulletin Weekly 16 August
By Tom Whipple, Steve Andrews, The Energy Bulletin
While global crude demand remains on an uneven upswing, the rapid spread of the coronavirus delta variant has dented most demand projections for the rest of 2021.