The Energy Bulletin Weekly 10 January 2022
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices climbed to a seven-week high as supply constraints from OPEC+ to North America offset concerns about the impact of a Covid-19 outbreak in China.
The Energy Bulletin Weekly 4 January 2022
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices jumped more than 1% on the first trading day of the new year ahead of an OPEC+ meeting on Tuesday to discuss production policy.
The Energy Bulletin Weekly 28 December 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
The New York futures exchange was closed on Friday, while London futures slipped towards $76 a barrel in very light holiday trading.
The Energy Bulletin Weekly 20 December 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Futures posted a weekly decline after a few volatile days that saw traders grow more concerned about the demand impact from the omicron variant and tighter monetary policy.
The Energy Bulletin Weekly 13 December 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Futures saw their biggest weekly gain in more than three months as the worst fears over the new virus strain have receded.
The Energy Bulletin Weekly 6th December 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Crude prices ended little changed on Friday after erasing earlier gains on growing worries that rising coronavirus cases and a new variant could reduce global oil demand.
The Energy Bulletin Weekly 29 November 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
The discovery of a new coronavirus variant named Omicron triggered global alarm on Friday as countries rushed to suspend travel from southern Africa, and the equity and commodity markets on both sides of the Atlantic suffered their most significant drop in more than a year.
The Energy Bulletin Weekly 23 November 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Crude futures moved sharply lower on Friday as the markets weighed the impacts of new pandemic lockdowns in Europe and a stronger US dollar. WTI settled down $2.91 at $76.10, and Brent moved $2.35 lower to settle at $78.89.