In this episode, I discuss the geopolitical importance of the recent shutdown of the Nord Stream 1 pipeline. I then tackle today's energy market dynamics and make some sense of the confusing state of the market. I hope you enjoyed this episode! Article Links: https://rigcount.bakerhughes.com/ https://www.wsj.com/articles/europe-girds-for-energy-market-turbulence-after-russian-gas-cut-11662323365 https://oilprice.com/Energy/Crude-Oil/Large-Crude-Build-Sends-Oil-Prices-Tumbling.html
In this episode, I dive into the deadlock plaguing the EU over a potential Russian oil ban. I then look at windfall profits across the oil and gas industry, particularly Saudi Aramco. I hope you enjoy this episode! Article Links: https://rigcount.bakerhughes.com/ https://www.wsj.com/articles/european-foreign-ministers-push-hungary-to-back-russian-oil-ban-11652699999?mod=Searchresults_pos7&page=1 https://www.wsj.com/articles/saudi-aramco-posts-record-quarterly-profit-on-surging-oil-prices-11652608615?page=1
In this week's episode, I dive into "The Elephant in the Room," which is the developments with Ukraine, Russia, the US, and the EU. I then discuss the merger of equals between Whiting and Oasis which TPH advised on. Thank you for listening, and I will see you all next week! Links to referenced articles: https://rigcount.bakerhughes.com/ https://oilprice.com/Energy/Crude-Oil/US-Considers-Imposing-Russian-Oil-Ban-Without-EU-Allies.html https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Break-130-As-EU-And-US-Allies-Consider-Ban-On-Russian-Oil.html https://oilprice.com/Energy/Crude-Oil/Big-Oils-Sudden-Decision-To-Exit-Russia-Comes-At-A-High-Price.html https://oilprice.com/Energy/Energy-General/110-Oil-Prompts-Private-Shale-Firms-To-Open-The-Taps.html https://www.businesswire.com/news/home/20220307005443/en/Whiting-and-Oasis-to-Combine-in-6.0-Billion-Merger-of-Equals-Transaction
This week's episode covers how oil supply shortages are plaguing markets and countries. I then look at the motives behind the US's designation of Qatar as a Non-NATO ally and discuss the significance of Exxon's reported earnings. Thank you for tuning in, and I will see you next week! Links to referenced articles: https://ir.eia.gov/wpsr/wpsrsummary.pdf https://oilprice.com/Energy/Crude-Oil/Low-Oil-Inventories-Suggest-Imminent-Supply-Deficit.html https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Jump-As-OPEC-Sticks-With-400000-Bpd-Output-Hike.html https://www.wsj.com/articles/biden-to-designate-qatar-as-major-non-nato-ally-11643669419 https://www.wsj.com/articles/exxon-chevron-hit-gushers-of-cash-as-big-oil-companies-lure-back-investors-11643721078?mod=Searchresults_pos2&page=1
This week's episode covers recent developments in the energy industry, focusing on natural gas, Russia, Europe, and the energy crisis. Next week I will have a much more detailed analysis on the market, so stay tuned! Thank you all for tuning in, and I will see you next week!