The Energy Bulletin Weekly 12 April 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
The markets posted their worst week since mid-March amid concerns that rising global coronavirus cases slowed economic recovery.
The Energy Bulletin Weekly 5 April 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
West Texas Intermediate and Brent crude futures posted solid increases on Thursday after OPEC+ decided to increase production slowly.
The Energy Bulletin Weekly 29 March 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices were volatile last week as the grounding of the “Ever Given” container ship in the Suez Canal set off a chain of events that wreaked havoc on global trade.
The Energy Bulletin Weekly 22 March 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
On Thursday, prices suffered their biggest weekly fall since October as signs of flagging demand in key markets halted a strong rally.
The Energy Bulletin Weekly 15 March 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices settled near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year.
The Energy Bulletin Weekly 8 March 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Futures rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from a pandemic-driven slump.
The Energy Bulletin Weekly 1 March 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Crude oil futures finished the week sharply lower as a stronger dollar and expectations of rising global supply pulled prices off a 13-month high of over $67 a barrel, seen earlier last week.
The Energy Bulletin Weekly 22 February 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
The severe winter storm that swept through the United States last week likely shut in between 2 million and 4 million b/d of US crude oil production, IHS Markit said in an analysis.