Thomas Finlon

Petroleum prices rose for a sixth consecutive week and sixth consecutive quarter. This was the largest monthly increase since June as Crude prices touched three year highs earlier in the week.… more

Petroleum prices rose for a fifth consecutive week as worse than expected long-term damage to both refining and production assets in the US Gulf coupled with the inability of OPEC+ to increase… more

Energy prices increased for a fourth consecutive week, touching their highest levels since July.
A slow return of production from Hurricane Ida, smaller than expected increases from OPEC+… more

In the week following the worst hurricane in the US Gulf Coast in the last 16 years, Crude and product market prices are conspicuously void of trends. The bullish effect of the loss of… more

Hurricane Ida, a category four storm with winds exceeding 145 MPH, made landfall last Sunday in eastern Louisiana. Most US Gulf oil production, Natural Gas production and more than 2.3 MBPD of… more

In a stunning reversal, petroleum prices recovered all of last week's price plunge plus an additional 2 to 3%. Diminishing COVID-19 concerns and clear signs of recovering demand from the US, China… more

Petroleum prices plunged more than 8% this week, their largest weekly loss in more than nine months. Prices have fallen for seven consecutive days and are at their lowest level since May 20th. The… more

Petroleum prices ended the week mixed as the monthly IEA report warned of slowing demand growth linked to the ongoing resurgence of COVID-19 delta variant cases which reached six-month highs in… more

The likely growing impact on demand from a serious resurgence of the delta variant of COVID-19 propelled petroleum prices to their largest weekly drop since the week of October 2nd , 2019.… more

Petroleum prices gained for a second week in four and ended July positive for a fourth consecutive month. Easing concerns regarding the delta variant of the COVID-19 virus, an ongoing and accurate… more