Middle East

Crude Oil , International

What's Affecting Oil Prices This Week? (March 18, 2024)

On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.

March 18, 2024

CERAWeek , Energy Transition

CERAWeek: Saudi Aramco CEO Says No Peak in Oil Demand for Some Time to Come

Reducing greenhouse gas emissions from hydrocarbons through carbon capture and other technologies achieves better results than alternative energies, Saudi Aramco CEO Amin Nasser said.

March 18, 2024

Finance , Investment , Crude Oil

Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat

By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.

March 18, 2024

Earnings

Aramco Reports Second Highest Net Income for 2023

The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.

March 15, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (March 11, 2024)

Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.

March 11, 2024

Crude Oil , International

US Leads Global Oil Production for Sixth Straight Year-EIA

The Energy Information Administration says it is unlikely that the record will be broken by another country in the near term.

March 11, 2024

Crude Oil , International

Oil Market Shifting Back to Supply/Demand

Stratas Advisors' John Paisie forecasts the price of Brent crude to increase during the second and third quarters of this year and move toward $90/bbl.

March 8, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (March 4, 2024)

For the upcoming week, Stratas Advisors expect the price of Brent will move sideways and will struggle to break through $85.

March 4, 2024

Crude Oil , International

Oil Rises After OPEC+ Extends Output Cuts

Rising geopolitical tensions due to the Israel-Hamas conflict and Houthi attacks on Red Sea shipping have supported oil prices in 2024, although concern about economic growth has weighed.

March 4, 2024

Liquefied Natural Gas (LNG) , Trends , The OGInterview , Acquisitions & Divestitures , Natural Gas , Trade , International

The OGInterview: TG Natural Resources Rides LNG Wave

TG Natural Resources rides the LNG wave with its Rockcliff deal amid a shale consolidation boom.

March 1, 2024