Back in 2014, amid sanctions on Iran, Turkey was importing around 100,000 barrels per day of Iranian oil. Imports doubled to over 200,000 bpd in 2017, before the re-imposition of sanctions by the United States late last year.Continue Reading
Welcome to The GERM Report by Dan Graeber, a commentary on the intersection between geopolitical events and the price of oil. GERM stands for Geopolitical Energy and Risk Monitoring. Our indicator is based on the expected price volatility by the end of the current trading week.
Risk level: Orange-HighContinue Reading
This morning's appearance on CNBC Squawk Box covered levels of significance, as Brent tests $80/bbl and retail gasoline $3/gal. Hark, click on the below mugshot to launch to the clip, before Joe Kernen went off on a tangent...!Continue Reading
Oil prices are retracing to start the week, as producer rhetoric rumbles on, and the U.S. dollar strengthens. Hark, here are five things to consider in oil markets today.Continue Reading
With broader markets distracted by an impending speech by Federal Reserve Chair Janet Yellen, crude is once again preoccupied by potential OPEC developments. As the dollar softens and crude edges higher, hark - here are five things to consider in oil markets today.Continue Reading
Oil is carrying on where it left off last week, rallying higher on the low likelihood event of a production freeze by key global producers. As rumors and murmurs lifted prices last week by the most since April, there appears little incentive for producers to back away from jawboning. Hark, here are five things to consider in oil markets today:Continue Reading
And it's an exciting end to an eventful week in the oil market on this Friday the 13th. In fitting fashion, crude was screaming lower earlier, chased off by a stronger dollar (apparently in a hockey mask), before positive economic data has helped improve the mood a bit in the US. OPEC's monthly report has had something for both the bulls and the bears; hark, here are six things to consider in...Continue Reading