Oil prices are strongly 8 to 10 percent higher in the wake of the weekend drone attacks on the Saudi Arabia oil operations.
Tag: Oil & Gas
Saudi Arabia drone strike impact update
The new oil markets trading week could emerge with a very volatile pattern after the attack on Saudi Arabia’s oil operations.
Drone strike targets Saudi Arabian oil fields
A drone strike on Saudi Arabian oil fields has the potential to push oil prices strongly higher, have a negative impact on global equity prices, send gold prices higher and likely push the U.S. dollar higher versus most currency pairs.
Geopolitical Risk: Key Events Bubbling up in the World of Oil
Even at current oil supply levels, current geopolitical issues will likely continue to cause tension in the market.
Re-cap of the Energy Information Administration Short-Term Energy Outlook
A brief analysis of the new information released by the Energy Information Administration in their short-term energy outlook on May 7, 2019.
Weather Risk: How the Oil and Gas Industry Saves Billions
Most people understand the value that weather forecasts bring to the general public. They tell us whether it will be a good beach day, how much to bundle up at the football game, and if it’s necessary to bring an umbrella to work. However, the benefits of weather information provided to businesses by the private