Oilholics Synonymous Report

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...

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...

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...

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...

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...

The Oilholic had to leave OPEC HQ prior to the conclusion of a rather fractious OPEC+ meeting which resulted in no agreement being reached ...

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...

Its a day to say thanks and feel a tad nostalgic, as the Oilholic woke up this Christmas eve morning to the realization that today marks ...

As the crazy month of May comes to a close, commentators using the supply constriction and geopolitical risk premium pretexts to big up pri...

The Oilholic has had a hectic start to 2019 for sure, even though the crude market has behaved pretty predictably in January, having recove...

Here's how the 2018 oil market shaped up ( click to enlarge chart below ), and some thoughts on what OPEC's shale dilemma means for ...

In case you haven't heard dear readers, which the Oilholic doubts or you wouldn't be reading an oil market blog - OPEC has calmed t...

Two charts real quick while waiting for OPEC to make an announcement - (1) Direction of the OPEC price basket (including Qatar) and (2) Whe...

It's the usual manic start to the 175th OPEC Ministers' Meeting here in Vienna, Austria. For those unfamiliar with the drill, he...

The Oilholic arrived for visit number 25 to Vienna, Austria, for the 175th Meeting of OPEC Ministers on Wednesday (December 5) with a ...

As the Oilholic headed for a splash and dash visit to the familiar surroundings of Vienna on another early morning British Airways flight t...