Putin faces a tough 2023 for Russian oil as the West's ban and price cap take hold.
Oil markets may face headwinds in 2023 as fresh Western sanctions and a price cap on Russian oil come...
Oil markets may face headwinds in 2023 as fresh Western sanctions and a price cap on Russian oil come into effect.
Analysts expect a slump in Russian crude output to squeeze global supplies, putting upward pressure on oil prices.
Demand from China is expected to pick up as zero-COVID restrictions ease, adding to the tightness in energy markets.
"The real test will come on 5 February with the implementation of a products ban," Rystad's Dickson said. "A loss of Russian refined products in Europe will pull extra on US products at a time when refinery dynamics are still quite tight, as evidenced by last summer's gasoline price surge in the US and diesel crunch in Europe," she added.
BP and Shell Are a Buy. Why They’re Cheaper Than U.S. Oil Giants.
It was a great year for oil companies such as Exxon, Chevron,...
It was a great year for oil companies such as Exxon, Chevron, Shell, and BP But the giants of European energy are still trading at significantly lower valuations than their American counterparts, which means they could be buying opportunities. All the major oil companies benefited from the surge in oil prices as the world emerged from the Covid-19 pandemic and Russia invaded Ukraine. Unlike the broader market, share prices have surged
“2023 earnings won’t match 2022, but they’re still great,” said Allen Good, a strategist at Morningstar. “Shareholders are going to see a lot of cash flow coming back between repurchases and dividends.”.
Russia launches missiles from Caspian Sea for the first time, ‘indicating logistics issues’
Yesterday's missile attack was characterized by the fact that missile launchers from the Caspian...
Yesterday's missile attack was characterized by the fact that missile launchers from the Caspian Sea were used. This was recorded for the first time since the full-scale invasion, a report said.
The spokeswoman believes that it is now more difficult for the Russian army to deliver missile stocks to the Black Sea coast.
"This suggests that we are quite successful in keeping logistics under fire control, including on the (east) bank (of the Dnipro River)," they added.
3 Oil & Gas Royalty Trusts With Exceptionally High Yields
Oil and gas trusts are among the highest-yielding stocks in the stock market, making them attractive...
Oil and gas trusts are among the highest-yielding stocks in the stock market, making them attractive candidates for income investors. On the other hand, in contrast to the well-known oil majors, such as Exxon Mobil (XOM) and Chevron (CVX) , they offer a different distribution every month, which is highly volatile due to the gyrations of the prices of oil and gas.
