Morgan Stanley: Oil Prices Will Hit $100 Next Quarter
Oil prices will rise again to $100 per barrel faster than previously estimated, Morgan Stanley said on Thursday, lifting its price forecast for the first...
The OPEC+ Cut Is A Disaster For President Biden
The OPEC+ decision to cut its production quota by 2 million bpd has placed the Biden Administration between a rock and a hard place, with...
The U.S. Is Preparing Its Response To The “Short-Sighted” Strategy Of OPEC+
The United States is considering “response options” in its relations with OPEC+ members and its de facto leader Saudi Arabia after the group announced a...
Oil Markets Are Set Up For A Bull Run
After weeks of losses, oil markets appear to be set up for a rally as multiple bullish catalysts come together. The expected cut to OPEC+...
The Bottlenecks In The Economy Are Breaking
CORK EXPLODING FROM CHAMPAGNE BOTTLE getty Consider this clutch of Wall Street Journal headlines, mostly from last week. “Cotton prices have dropped back to earth.”...
Europe’s Energy Crisis Will Not Be “A One Winter Story”
Reduced energy supply due to the sanctions against Russia and Moscow shutting down key pipeline gas export routes will leave Europe scrambling for oil and...
Carl Icahn to investors: ‘The worst is yet to come’
Wall Street icon Carl Icahn has a warning for his fellow investors: “The worst is yet to come.” Speaking on Wednesday at MarketWatch’s Best New...
Electric Bills Soar Across the Country as Winter Looms
U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to...
What The White House’s Refusal To Refill The SPR Means For Oil
Politics, Geopolitics & Conflict After some 150 soldiers were killed this week in renewed fighting over Nagorno Karabakh, Armenia and Azerbaijan have agreed to a...
The Global Fuel Market Will Remain Tight For Years To Come
Record volumes of refining capacity have been shut down over the past two years, which will lead to tight global fuel markets that will last...