Christopher Vanmoessner

Nov 26, 2024 | spglobal.com | Christopher Vanmoessner

Crude oil futures settled lower Nov. 26 as geopolitical risk premiums eased amid reports of a cease-fire between Israeli and Hezbollah forces. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. NYMEX January WTI settled down 17 cents at $68.77/b, and ICE January Brent dipped 20 cents to end the session at $72.81/b. Israel and Hezbollah have accepted a US-brokered cease-fire, US President Joe Biden said in a speech Nov. 26 at the White House.

Nov 20, 2024 | spglobal.com | Christopher Vanmoessner

US crude oil inventories moved higher in the week ended Nov. 15 as lower refinery runs offset stronger exports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. US commercial crude stocks climbed 550,000 barrels to 430.29 million barrels over the week to Nov. 15, Energy Information Administration data showed. Inventories now stand at 4.6% behind the five-year average for this time of year, up from 4.4% the week prior.

Oct 28, 2024 | spglobal.com | Christopher Vanmoessner

US crude oil inventory builds likely extended in the week ended Oct. 25, according to an S&P Global Commodity Insights survey of analysts, amid an expected downturn in refinery demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. US commercial crude stocks likely climbed 800,000 barrels to around 426.8 million barrels, analysts said, leaving stocks around 4% behind the five-year average of US Energy Information Administration data.

Oct 26, 2024 | spglobal.com | Jeff Mower |Christopher Vanmoessner

Israel launched strikes against targets in Iran following the late Oct. 25. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Crude futures had settled higher on expectations that Israel would respond to Iran's Oct. 1 missile attack, potentially escalating conflict in the Middle East. NYMEX December WTI had settled up $1.59 at $71.78/b, and ICE December Brent climbed $1.67 higher to $76.05/b.

Oct 16, 2024 | spglobal.com | Kate Winston |Christopher Vanmoessner |Corey Paul

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Electric Power | Energy Transition | LNG | Upstream The outcome of the US presidential election in November will have ripple effects for the international energy picture. In the weeks before the election, Donald Trump and Kamala Harris are trying to draw contrasts with each other, including on energy and foreign policy.