Ellen R. Wald, Ph.D.'s Comment & Analysis
A complete archive of Ellen R. Wald, Ph.D.'s articles, including current analysis & comment - Page 11
Price. That's the major news in the oil market these days.
Both main benchmarks—WTI and Brent—seem to have grown comfortable in the $70s range lately; neither has visited that area since...
Just after President Joe Biden's January 2021 inauguration, I discussed some of the potential energy policies that his administration might enact and what impact they could have on the oil market.
Six...
Higher demand and the start of the summer driving season in the US are playing an important role in moving oil prices higher. WTI breached the $70 per barrel mark early on Wednesday, with Brent up to...
The price of Brent saw a welcome jump up above $70 per barrel this week, just in time for the OPEC+ meetings. There was probably no one happier to see these higher prices this week than the Russian...
The upcoming OPEC+ meeting, planned for June 1 via videoconference, will most probably have as a top item on the agenda, the group’s current production agreement, which runs through the end of...
Oil markets, like the rest of the global economy, are continuing the drive towards a return to normal, pre-COVID activity.With the easing of coronavirus restrictions picking up pace in many regions...
Last Friday, the Colonial Pipeline fell victim to a major cyber attack that shut down the 5,500 mile pipeline running from Houston, Texas to New Jersey. The pipeline is the main conduit on the east...
With oil prices now in the same price range they saw in mid-March, the commodity seems to have recovered from its brief swoon.
Still, news about the industry is not always as it is presented. In Asia,...
An array of market developments and geopolitical catalysts are currently moving the price of oil higher. Below, the 5 key triggers:1. Why Oil Prices Shot Up Wednesday MorningAfter barely moving for...
This oil market is different from anything traders have experienced before, in part because the stabilizing forces and traditional indicators have been turned on their heads.Here is a look at what...