US Sanctions on Russian tankers elevates Asia's competition for Middle Eastern crude supplies with knock-on effects for US energy exports as Trump tariffs inch closer
Today in oil and natural gas markets:
Data from the General Administration of Customs, China, shows crude imports fell to 11.2 MMb/d in December from 11.72 MMb/d in November for a 2024 average of approximately 11 MMb/d
A closer look at fund managers' energy market futures and options positioning
The US Treasury Department's Office of Foreign Assets Control (OFAC) released the toughest sanctions on Russian tankers since the start of the Russia-Ukraine War in 2022.
Power market trends to watch and questions to answer in 2025
The Jan 1 expiration of the US debt ceiling suspension enacted under the Fiscal Responsibility Act of 2023 leaves the Treasury Department with just one to two weeks until the US reaches its new debt limit.
