OPIS Blog

February 1, 2024
Crude oil, Natural Gas

True Costs of EU’s Russian Diesel Ban Emerge One Year Later

Twelve months ago, on Feb. 5, 2023, the European Union effectively relinquished its main source of diesel supply by implementing...

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September 15, 2023
Crude oil

Analysis: Latest Rise to $90/bbl Crude Underscores Dramatic Downstream Changes

On September 14, 2023, front month WTI futures surpassed $90/bbl for the first time since November 2022.

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September 11, 2023
Crude oil

European Refineries Reduce Output Amid Loss of Russian Crude and Hot Weather

The loss of access to Russian crude and unusually high summer temperatures have curbed output of oil products from European...

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July 11, 2023
Crude, Crude oil

Robust USGC Crude and Fuel Exports to Continue

Industry leaders expect U.S. Gulf Coast crude exports to remain high in the coming years, maintaining that global prices should...

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January 6, 2023
Crude, Crude oil, Gas & Diesel

Refinery Additions and Subtractions Complicate Outlook for 2023

Much of the oil industry’s attention in 2022 was appropriately focused on a shortfall in global refining capacity that was...

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September 1, 2021
Crude oil, Gas & Diesel, Spot Market

Ida’s Impact Likely to Be Measured in Weeks

Hurricane Ida, which made landfall as a Category 4 hurricane on August 29th packing strong winds and heavy rain along...

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March 22, 2021
Crude oil, Spot Market

Beyond the pandemic: an Aramco perspective

Recapping his remarks at the Aramco Virtual Energy Forum in conjunction with IP Week 2021

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March 2, 2020
Crude oil, Gas & Diesel, Renewables

20 Oil Price Forecasts for 2020

Oil, gasoline, diesel and renewable fuels markets have started 2020 off with a bang. Here are 20 price-influencing factors identified...

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September 30, 2019
Crude oil, Gas & Diesel, Mexico

Update: Mexico Oil and Gas Market Analysis

A sense of hope emerged for many Mexicans when Andrés Manuel López Obrador (AMLO) won the presidential election in July...

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September 23, 2019
Crude oil, Ethanol, Gas & Diesel, Spot Market

Beyond Saudi Attacks: 4 Other Oil, Gasoline & Diesel Price Factors to Fear in 2020

Much of the oil, gasoline and diesel price direction in 2020 markets may be determined by whether the Middle East...

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September 9, 2019
Crude oil, Gas & Diesel

Oil Prices in H2 2019: 6 Market Wild Cards to Watch

Oil prices love to improvise.

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May 13, 2019
Crude oil, Gas & Diesel, Retail Market

Spring 2019 Oil, Gasoline & Diesel Price Trends: Video

May began with a bit of a thud in oil prices. What’s coming next?

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January 17, 2019
Crude oil, Futures Market, Gas & Diesel, Retail Market

Oil Prices in 2019: A Quick Video Preview

The year 2019 is already in progress, with headlines dropping daily that rattle the geopolitical chain and stand to keep...

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December 17, 2018
Crude oil, Gas & Diesel

2018 Oil Price Recap: Looking Back at an Oddball Year

2018 was one of the odder years in recent oil price memory for several key reasons.

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November 29, 2018
Crude oil, Gas & Diesel

Video: Black Friday Sets Lows for Crude, Gas & Diesel Prices

Popular electronics weren’t the only things sporting discounts on Black Friday. Crude oil, gasoline and diesel prices also hit lows. 

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November 7, 2018
Crude oil, Gas & Diesel, Retail Market

Video: Why Are Retail Gas Prices Lower and How Long Will It Last?

OPIS noted prices at retail gas stations this autumn below $2/gal. It wasn’t a common price tag, but overall there...

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October 8, 2018
Crude oil, Futures Market

Oil Price Factors Explained

Oil prices are a critical component of the world’s economies, with influences that span from employment trends to  investment flows...

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October 1, 2018
Crude oil, Futures Market, Gas & Diesel

Video: Early Fall Fuel Price Analysis

OPIS’ Chief Oil Analyst Denton Cinquegrana updates you on the trends he’s watching at the start of fall 2018.

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October 1, 2018
Crude oil, Gas & Diesel, Spot Market

Crude Oil Price Trend Analysis for 2019

The year 2019 may set the stage for a transformative decade, with crude oil prices looking capricious and unstable. Here...

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September 5, 2018
Crude oil, Gas & Diesel, Retail Market

Video: Wrapping Up Summer Oil and Gasoline Prices

Summer 2018 started out with the promise of oil volatility and a rocky ride at retail gas pumps. But, did it...

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April 20, 2018
Crude oil, Futures, Gas & Diesel

What the Seven and Seven Oil Cocktail Means For Price Forecasting

The Seven-and-Seven Oil Cocktail Oil pundits predicting a return of $75/bbl or higher benchmark crude prices are delusional. They are...

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December 4, 2017
Crude oil, Gas & Diesel, Retail Market, Spot Market

A Tale of 2 Seasons: Factors That Shape Fuel Prices During Hurricanes

No two storms are created equal. The unique landfall of every storm is one of the most important factors and critical...

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October 23, 2017
Crude oil, Gas & Diesel, Retail Market

2017 Year-End Oil Market Trends to Watch

Don’t expect the last 70 days in the 2017 petroleum markets to match the drama witnessed summer into fall. Storm...

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October 10, 2017
Crude oil, Gas & Diesel, Jet fuel, NGL & LPG, Spot Market

Popping the Bubble of Fuel Freight Rates

Crude oil and refined product futures prices have been sliced in half since the oil price renaissance of 2011-14, but...

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