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Also in today’s newsletter, senator from coal-rich West Virginia in the spotlight
Reuters, Bloomberg and Dow Jones are denied invitations in decision driven by Saudi Arabia’s energy minister
Harbinger or just temporarily unhappy?
Oil cartel’s secretary-general Haitham Al Ghais says the agency is ‘finger pointing’
Led by a confident Saudi Arabia, the cartel wants to boost its revenues. But persistent inflation could result in weaker demand
Also in today’s newsletter, the US’s new role as an energy exporting superpower
Also in today’s newsletter, a look at what’s slowing the energy transition
So says SocGen
And bitcoin after SVB
Shale groups will drill more despite high input costs because they have oodles of capital to deploy
Attempt to prop up crude prices highlights growing Saudi-US tensions
Opec+ members announced surprise oil production cuts totalling more than 1mn barrels a day
Saudi-led reduction of more than 1mn barrels per day puts Riyadh on collision course with US
Warning that the balance of supply and demand is ‘on a razor’
Rumours of OPEC’s death have been greatly exaggerated
Senior officials discussed regime change in Iraq and encouraging countries to leave the cartel
Crude settles at lowest level of 2022 after European embargo and G7 price cap take effect
Policy is two steps forward and one step back, but in the right direction
Opec makes no production changes yesterday, cartel awaits Russia oil price cap to take effect
Producer cartel could take ‘immediate’ action as EU ban on crude imports is set to start
Weekend summit to be held online in a sign the cartel is likely to keep production targets unchanged
The cartel looks likely to stay the course on output amid a storm of uncertainty in the market
Plus, the World Cup kicks off with a hefty carbon footprint
Plus, the power of superhot rock energy
Riyadh’s energy minister says Opec+ supply cuts were needed to provide future production buffer
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