Commodity DNA | Crude oil

Crude oil

By Ibrahim Patel
Sep 23, 2022

OVERALL SENTIMENT IN THE ENERGY MARKET REMAINS NEGATIVE

*West sanctions could potential for Putin to weaponize energy even further *Indian refiners are set to skip purchases of Russia ESPO crude oil this month Overall sentiment ....

Crude oil

By Ibrahim Patel
Mar 06, 2022

IF THE WEST BANS RUSSIAN OIL INTERNATIONAL CRUDE PRICES COULD SKYROCKET TO $150

*If sanctions on Russia 5 million bpd of crude and 2.8 million bpd of refined Products stopped commanding in market *In the past 30 days and the contract's six-month spread hi ....

Crude oil

By Ibrahim Patel
Jan 31, 2022

CRUDE OIL WON’T TAKE MUCH TO GET PRICES $100 ITS INTENSIFY ENERGY CRISIS

*Crude oil on highest level since October 2014 *Brent into steep backwardation of $6.92 the widest since 2013 *Nigeria rekindled oil exports to sustain its economy Crude o ....

Crude oil

By Ibrahim Patel
Dec 12, 2021

CRUDE OIL DEMAND STILL POSE A RISK TO BULL MARKET STABILITY

*Oil prices dropped nearly 13% from seven-year highs of $86 a barrel in October *US will sell 18 million barrels of crude oil from its strategic petroleum reserve on Dec. 17 ....

Crude oil

By Ibrahim Patel
Oct 18, 2021

PREDICTIONS OF $100 OIL PRICE HAVE STARTED TO EMERGE ONCE AGAIN

*Crude oil would act as a trigger for sudden re-pricing of risk assets across the board *Control over the market’s marginal oil supply and oil prices is firmly in the hands of ....