The catalyst that boosted the crude oil markets last week: Chinese Spring Festival

The investors of the crude oil markets managed to breathe a sigh of relief last week as the prices of the two benchmarks, WTI and Brent, remained fairly static, despite the unfavourable headwinds that blow across the markets.  The price of LNG, liquified natural gas, for instance, fell sharply and s…

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European Gas Prices Plummet.....

With the end of the winter just 4 week away, the gas prices in Europe did not skyrocket as anticipated by both investors and analysts - and feared - by the ruling elite. On the contrary, they have not just been falling, but plummeting. The price of gas that already had lost 50% from its peak last ye…

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Oil price: OPEC accounts for the insignificant price drop at pumps!

The price of crude oil dropped again when the markets opened for business on Monday. As of 14:00 GMT, the prices of WTI and Brent stood at $79.28 and $84.58 respectively. The price of LNG, liquified natural gas, meanwhile, was at $3.64, having come down by more than 50% since its peak last year. The…

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I asked ChatGPT to predict the price of crude oil using AI: this is what happened!

Throughout human history, the non-linear timeline of new inventions had always been punctuated by the dots of  skepticism at best and unbridled ridicule at worst. The men and women who shaped our way of living by their respective creations, something that we conveniently take for granted at present,…

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Epic fall of Gas Price in Europe and the Inevitable Impact on the Oil Price

The price of natural gas, LNG, has fallen more than 50% from its peak, when Russia invaded Ukraine. The unprecedented plummeting in price of the commodity has left both investors and analysts in a state of bewilderment, when they anticipated the polar opposite, especially at the height of winter se…

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