Oilholics Synonymous Report

OPEC's two-day biennial 9th International Seminar came to a conclusion on Thursday after its key voices roundly declared the world simpl...

After the latest OPEC meeting follows the producers' group's seminar - its invitation to the great and the good of the energy world ...

For crude traders, the month of June began exactly the way May did - with another 411,000 bpd production hike by OPEC+.  The move was almost...

The question some in the oil markets are asking is will OPEC+ hike production again over the weekend for a third consecutive month in a row....

US President Donald Trump makes no secret of his pro oil and gas credentials. It is also widely understood that the President seeks lower cr...

Happy New Year dear readers. Oil trading began on a much firmer footing this month, with Brent capping the $80 per barrel mark for the first...

Season's greetings dear readers.  Many of you may be driving home for Christmas and looking forward to the New Year, with perhaps that m...

The last few weeks have brought range-bound volatility to the oil market with Brent futures oscillating between $70 and $75 per barrel.  For...

Before the recent global stock market carnage hit, bulls in the oil market had already revised their pipe-dream of $100 per barrel Brent pri...

It's been a hectic few weeks in the energy markets over the course of which oil prices have acquired a bit of buoyancy. Its something th...

On June 2nd, OPEC+ decided to adopt a pensive position rather than a defensive or offensive one and it promptly sent the oil market into a t...

As the first month of the current oil trading year nears its end, the Oilholic's thoughts on the direction of crude prices hasn't ma...

Crude oil benchmarks have been bouncing up and down for over 10 days in the wake of geopolitical tension in the Middle East. Predictably, mu...

What a difference a fortnight makes - for this blogger was musing end-August on how oil benchmarks were pretty much staying rangebound in th...

We're four months from the end of crude trading year 2023 and oil prices appear to be stuck at $80+ per barrel levels. And for all the m...

Oh what a 'crude' year 2020 turned out to be as the Covid-19 pandemic ravaged the global economy and our lives, and even briefly cre...

In the nine days that have lapsed since yours truly last wrote a blog post, the crude oil market has gone crude and cruder, peppered with b...

Of late, the global oil market has seen what can aptly be described as range-bound volatility. No matter what the bulls throw at it, move...