During the last 24-hours, five ships have passed the Strait of Hormuz (pre-war daily average: 60), Cushing is near tank bottoms, and the price of oil is dropping. 🤡 #OilMarket #StraitOfHormuz #EnergyEconomics #Nospecificcountrycodesarementionedinthetweet.
Oil has now done a round trip. But the oil companies have not. The equity market cannot seem to price in the decline in revenue associated with the fake lower prices. This is, at the very least, interesting. 🛢️ https://t.co/juPPjpw6yc #OilMarket #Investing #EnergyEconomics #Nospecificcountrycodesarementionedinthetweet.
RT @JavierBlas: Wow! The U.S. injected ~9.9 million barrels of oil from its Strategic Petroleum Reserve into the market last week. That’s… #OilMarket #StrategicPetroleumReserve #EnergyEconomics #US
The article explores the journey and costs associated with a tank of petrol, detailing how the price disparity between crude oil extraction in Saudi Arabia and retail prices at the pump is influenced by factors such as shipping risks, commodity market dynamics, and refining challenges, as explained by industry experts. #OilIndustry #EnergyEconomics #FuelPrices #SA #TH
The article explores the mystery behind the significant disparity between the low cost of crude oil extraction in Saudi Arabia and the high market price of petrol, delving into the various stages of the oil supply chain, including production, shipping, and refining, while featuring insights from industry experts. #OilPrices #EnergyEconomics #CommodityMarkets #SA #TH
The article explores the significant markup on petrol prices, detailing how a $25 cost to extract crude oil in Saudi Arabia escalates to a $95 market price, while investigating the complex journey of oil from the field to the pump amidst geopolitical tensions. #OilMarket #EnergyEconomics #CrudeOil #SA #TH
The article explores the journey and costs associated with crude oil, detailing how the significant gap between the extraction cost in Saudi Arabia and the market price affects gas prices at the pump, especially in light of recent geopolitical conflicts, while featuring insights from industry experts. #OilMarket #PetrolPrices #EnergyEconomics #SA #TH
La crisis del petróleo originada por la guerra en Irán y el bloqueo en el estrecho de Ormuz genera preocupación en España y Europa, aunque el economista Gonzalo Bernardos asegura que el país está mejor preparado que el resto de la UE, a pesar de que los precios de los billetes de avión aumentarán debido a la subida del queroseno. #OilCrisis #AviationFuel #EnergyEconomics
