Analysts Explain Energy ‘Bloodbath’
In a statement sent to Rigzone on Monday, Naeem Aslam, CIO of Zaye Capital Markets, said energy’s “bloodbath” today is a “classic risk-premium unwind”. “Trump’s ‘serious talks’ with Iran vaporized…
Natural Gas Prices Plummet on Warmer February Forecast
Natural gas prices in the United States dropped by 17% in Asian trade on Monday, driven by forecasts for milder weather in the coming weeks. Data from the National Oceanic…
OPEC+ Extends Output Pause Amid Glut Concerns
OPEC+ confirmed its plans to extend the pause on crude oil production hikes to March this year, citing “healthy oil market fundamentals as reflected in low inventories.” In a press…
After Years Offline, Trinidad Looks to Indian Oil to Restart Refining
Trinidad and Tobago is once again trying to bring its long-idled one-and-only oil refinery back to life, but this time the government is talking to Indian Oil Corp about making…
Iran Hopes Diplomacy Push Will Avert War With USA
Iran hopes that diplomatic efforts to avert a war with the US will bear fruit within days, the Islamic Republic’s foreign ministry said on Monday. Multiple countries in the Middle…
