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.
Tag: geopolitics
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.
The Energy Bulletin Weekly 16 February 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Prices in London climbed for a fourth straight week as efforts to clear an oil surplus are supporting oil prices until demand comes back to pre-pandemic levels.
The Energy Bulletin Weekly 8 February 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
Brent closed on Friday at $59.44—close to the benchmark's $60 psychological threshold. Last week at this time, the spot price for Brent was just $55.04.
Energy Bulletin Weekly 1 February 2020
By Tom Whipple, The Energy Bulletin
Prices remained in a narrow range for the third week, around $52 in New York and $55 in London.
The Energy Bulletin Weekly 25 January 2021
By Tom Whipple, Steve Andrews, The Energy Bulletin
The course of the coronavirus continued to roil the oil markets last week. After a 10 percent gain since the beginning of the year, oil reversed last week as new outbreaks of the virus accompanied by recent lockdowns appeared worldwide.