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U.S. Influence On Global Oil Prices Is Growing

February 17, 2023

The price-setting power of the United States on the oil market has increased significantly after the Russian invasion of Ukraine

United States Eagle Ford Johan Sverdrup European Union Wall Street Journal President Obama

Source: oilprice.com

Europe's Thirst for U.S. Crude To Stay High In 2023

February 17, 2023

Europe’s thirst for U.S. crude oil is expected to remain elevated, VP of Midstream for Chevron Corp said today on the sidelines of the Argus Americas Crude summit

Saudi Arabia United States Julianne Geiger Colin Parfitt Midstream For Chevron Corp Chevron Corp

Source: oilprice.com

Trading firms are making fortune by delivering Russian oil to India

February 11, 2023

There are fortunes to be made delivering Russian crude oil to India.

United Arab Emirates European Union Dated Brent Russian Oil Price Indian Oil Firms India Russian Oil

Source: livemint.com

Fitch Solutions Reveals Latest Oil Price Forecast

February 7, 2023

Fitch Solutions Country Risk & Industry Research has revealed its latest Brent crude oil price forecast.

Fitch Solutions A Bofa Global Research Fitch Solutions Country Risk Industry Research Us Energy Information Administration Bofa Global Research Macquarie Bank

Source: rigzone.com

U.S. Oil Is Replacing Russian Crude In EU Markets

February 2, 2023

As the EU contends with the lack of Russian crude oil as a result of its restrictions on crude oil imports and the G7s price ceiling on Russian crude oil, the amount of U.S. crude oil being exported to Europe has increased significantly in recent months

United States North Sea Oceans General Julianne Geiger Dated Brent Oil Imports

Source: oilprice.com

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Russian Urals Traded At $49.48 in January, But The Kremlin Isn't Worried

February 1, 2023

Russian Urals crude traded at $49.48 per barrel in January, with rising transportation costs compounding a discount that has seen the country’s flagship crude price drop by 42% year-on-year

Alexander Novak Charles Kennedy Turkey Anadolu Agency Anadolu Agency Russian Finance Ministry Ministerial Monitoring Committee

Source: oilprice.com