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Dan Pickering of Pickering Energy Partners On Global Oil Prices
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Dan Pickering of Pickering Energy Partners On Global Oil Prices
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Dan Pickering of Pickering Energy Partners warns that tighter oil supply could spark hoarding, pushing prices higher and setting the stage for demand destruction if the conflict drags on.
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Dan Pickering, founder and CIO of Pickering Energy Partners, discusses the oil industry.
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It is time to be more optimistic about oil markets and energy stocks.
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Surging oil and LNG prices tied to the Iran conflict have pushed U.S. energy stocks to record highs, benefiting companies like Exxon, Chevron, and major refiners even as broader markets decline.
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Rising oil prices driven by the Middle East conflict are increasing profits for U.S. oil producers, but uncertainty over how long the price surge will last is making companies cautious about expanding production.
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Escalating tensions involving Iran have sharply reduced tanker traffic through the Strait of Hormuz, a critical route that carries roughly 20% of the world’s oil supply.
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Dan Pickering, founder and CIO of Pickering Energy Partners, discusses the impact of Middle East tensions on global energy markets.
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A joint U.S. and Israeli attack on Iran killed its supreme leader and ignited wider regional conflict, yet crude oil prices rose by a relatively muted ~6% on March 2.
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Dan Pickering, founder and CIO of Pickering Energy Partners, discusses the impact of Middle East tensions on oil supply.
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Dan Pickering discusses how energy-company relocations are reinforcing Houston’s dominance and boosting its real estate market in a Bloomberg interview.
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As the U.S. mounts its largest military buildup since 2003, experts warn tensions with Iran could send gas prices plunging to $2.50 or soaring to $5.
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Oil Markets Remain in Limbo
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Opportune LLP acquires Pickering Energy Partners’ Consulting & Advocacy practice, expanding sustainability and energy advisory services.