Oil inventories are getting dangerously low, and gas prices are likely headed higher this summer The United States has been drawing down its commercial and strategic oil reserves at a striking…
Dan Pickering has appeared on 2 podcast episodes in our AI-summarized catalog, including Marketplace, Marketplace Morning Report. Every appearance below has a free 5-minute AI summary.
“The issue is every single day that market's tightening. And when you get to the point where it's obvious that there's an issue, it's very hard to fix.”
— Dan Pickering, on oil markets
“This is a most likely a transitory event with the war in Iran and prices like He says US producers don't want to spend money to up their oil production based on conflict dependent prices.”
— Dan Pickering, Pickering Energy Partners
Oil inventories are getting dangerously low, and gas prices are likely headed higher this summer The United States has been drawing down its commercial and strategic oil reserves at a striking…
A wild ride for oil prices Brent crude hit $117 a barrel early yesterday morning. By this morning, it had crashed to $92. That is a 21 percent drop in roughly 24 hours, and it captures just how…
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