With the war in the Middle East at a critical juncture, especially when it comes to the potential casualties of the beleaguered Palestinians near the Rafah crossing, bordering Egypt, Iran's desire to get involved in the conflict, if it had any before - apart from the Western estimates - appea…
Tuesday 20 February 2024
Friday 16 February 2024
A Tale of Two Commodities: price of LNG falls and oil slightly up!
As the feared 'R' word started doing rounds yesterday with Britain falling into recession, the energy markets have gone into shock-absorbing mode for obvious reasons; it goes without saying that the low manufacturing activity that inevitably stems from shrinking economic growth means less c…
Sunday 4 February 2024
The Shale Boom in the US
The US shale boom has regained its lost momentum in the immediate aftermath of Covid-10 pandemic. According to the latest data, both Exxon Mobil and Chevron have reported strong financial results that has directly stemmed from the increased production; the production activities have increased in th…
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