Recession Fears Loom Large Over Bullish Oil Market

The price of gasoline in the US hit an all-time high on Tuesday as the national average spiked $ 0.17 / gallon from last week to $ 4.37 / gallontopping the previous all-time high set March 8. The European Union’s discussion of pulling back from buying Russian oil has sent additional shock waves through an … Read more

The Calm Before The Storm In Oil Markets

The first week of May could have brought us a much-awaited paradigm shift, however the markets still appraise the impact of China’s COVID lockdowns amid the mass-testing taking place in Beijing and the probability of a comprehensive European embargo on Russian oil. With no clear way out for either of those, Brent futures remained range … Read more

Oil prices are rising as Chinese demand begins to rise

Oil price warning: Whether you are new to the oil and gas industry or a senior in the energy market, you will regret not signing up for the Global Energy Alert. Oilprice.com’s premium newsletter provides everything from geographical analysis to business analysis, and everything for less than a cup of coffee a week. Graph of … Read more