On September 14, 2023, front month WTI futures surpassed $90/bbl for the first time since November 2022.
Tom Kloza
As Global Head of Energy Analysis, Tom has covered downstream oil markets for over 40 years. A magna cum laude graduate of St. Francis University, Tom has a degree in English and has analyzed crude oil, refined products, and gas liquids for parts of four decades. He has also written commentary for Marketwatch and is a regular guest commentator for Bloomberg Financial Markets and NPR Marketplace. He provides unbiased and expert commentary for print and electronic media during times of oil volatility, and is regularly quoted in virtually every U.S. and international periodical.
Recent Posts
May 26, 2023
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Retail Market, Futures Market, Gas & Diesel
Thanks to irrational exuberance on the part of oil speculators in the spring of 2022, comparisons for key fuels in the U.S.
January 06, 2023
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Crude oil, Gas & Diesel, Crude
Much of the oil industry’s attention in 2022 was appropriately focused on a shortfall in global refining capacity that was
December 12, 2022
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Retail Market, Gas & Diesel
The US national average for gasoline as measured by OPIS on Dec. 12, 2022, represented deflation of 2.02% versus the same
May 26, 2021
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Spot Market, Retail Market, Gas & Diesel
The First Driver of the 2021 Motor Fuel Panic
In mid-April, a special report by Oil Price Information Service (OPIS) sounded
February 04, 2021
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Renewables, Spot Market, Biofuels, Ethanol, RINs
You need more than just a NYMEX or ICE futures’ screen to keep pace with petroleum prices, based on the first 22 business