US EditionSt. Onge: How America Drilled Its Way Out of the Oil-Supply Straitjacket
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3 Articles
St. Onge: How America drilled its way out of the oil-supply straitjacket
Three weeks into the Iran War, the main impact so far has been on oil prices. The dog that hasn’t barked is oil shortages. While Chinese motorists were lining up for miles to fill up on gasoline, and Asia has been desperately scrambling to find supply, here in America, there’s been nothing like the 1970s […]
The oil market threatens to "get completely out of the way." But not only this market is affected.The oil market threatens to "get completely out of the way." But not only this market is affected. All consequences considered? US President Donald Trump in the Oval Office. Picture: keystoneThe Swiss National Bank (SNB) has again made an interest decision. At its location near Zurich Paradeplatz, President Martin Schlegel announced that the SNB wil…
Splash Wrap: ‘The largest supply disruption in the history of the global oil market’
The International Energy Agency has called it “the largest supply disruption in the history of the global oil market”— and 20 days into the war between Iran and the US-Israeli coalition, the numbers bear that with massive crude and gas production shutdowns sending bunker prices and VLCC rates to record levels, and more than 20 …
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