Oil Traders Hedge Geopolitical Risk With Record Options | OilPrice.com Premium Content By Editorial Dept – Apr 19, 2024, 6:50 AM CDT 1. Venezuela Braces for Impact After US Reimposes Sanctions –  The Biden administration reimposed sanctions on Venezuela’s oil industry after its six-month waiver expired on 18 April, with the White House providing oil...Continue Reading

By Editorial Dept – Apr 19, 2024, 6:50 AM CDT Oil markets have largely discounted the Iranian missile and drone barrage directed at Israel because it was essentially a ruse designed not to inflict any damage, but to save face at home and abroad. Almost all of the missiles were intercepted by Israeli defense systems,...Continue Reading

Profit Taking Is Putting Downward Pressure on Oil Prices | OilPrice.com Premium Content By Editorial Dept – Apr 19, 2024, 6:50 AM CDT Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant volatility to the downside, driven by geopolitical concerns, unexpected inventory adjustments, and changes in demand. Although escalation fears between Israel...Continue Reading

Soaring Russian Oil Imports Drag OPEC’s Market Share in India to a Record Low | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 19, 2024, 6:30 AM CDT Russia was...Continue Reading

EU Regulator Claims Europe Can’t Afford to Ditch Russian LNG Yet | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 19, 2024, 5:30 AM CDT Amid calls from some member...Continue Reading

Oil Prices Erase Gains as Iran Downplays Reports of Israeli Missile Attack | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Apr 19, 2024, 4:23 AM CDT Oil prices initially spiked...Continue Reading

JP Morgan Warns of Delay to Global Energy Transition | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 19, 2024, 4:00 AM CDT Inflation, interest rates, and wars may well delay the...Continue Reading

FBI Warns of Risk of Chinese Hack Attack on Energy Infrastructure | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 19, 2024, 3:00 AM CDT The director of the FBI has warned that the Chinese state has its sights set on U.S. critical infrastructure to...Continue Reading

Oil Prices Surge as Israel Carries Out Airstrikes on Iran | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 19, 2024, 1:41 AM CDT Israel launched missile strikes against Iran in the...Continue Reading

OPEC+ Can Stop An Oil Rally To $100 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Apr 18, 2024, 7:00 PM CDT Talk of $100 oil returned to the market...Continue Reading