Tag: OPEC

What is the impact difference to investors between paper oil prices and delivered cost? – Watch for the Ruberband Snap Up to Oil Prices

Clark Savage11

In the high-stakes world of energy markets, not all oil prices are created equal. \”Paper oil\” refers to benchmark futures contracts traded on exchanges like NYMEX (WTI) and ICE (Brent)—financial instruments where the vast majority of trading volume (often 95%+) never results in physical delivery. These are the headline numbers investors see on CNBC or […]

Continue Reading

FT Uncovers $90 Billion Russian Oil Smuggling Operation: The Dark Fleet\’s Shadow Over Global Energy

Clark Savage6

In a stunning revelation that underscores the resilience of Russia\’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the \”Dark Fleet,\” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]

Continue Reading

Oil Rises Amid Conflicting Reports on Iran

Clark Savage11

In the volatile world of energy markets, oil prices have surged in early February 2026, driven by escalating tensions and conflicting signals surrounding U.S.-Iran nuclear negotiations. West Texas Intermediate (WTI) crude climbed above $65 per barrel, while Brent crude topped $69, marking a three-day advance and the highest levels since September 2025. This rally reflects […]

Continue Reading