Pankaj Srivastava’s Post

🌟 Dive into the dynamics influencing oil prices with @David! Discover the potential for breaking free from the $80-$85 range and exploring new opportunities. #oilgas #oilandgas #markets #macroeconomic Visit the video here: https://okt.to/02LKit

Thinking about investing in crude oil? Not sure where to begin? From uncovering the basics to gaining an understanding of where to trade and invest in this market, join us as we explore this popular ‘hard commodity’. #FPMarkets #Commodities https://lnkd.in/dthbaqBZ

Oil Prices Decline as Traders Take Profits #OilPrices #OilMarket #CrudeOil #EnergyTrade #OilIndustry #ProfitTaking #MarketUpdate #Commodities #EnergySector #FossilFuels #OilTraders #GlobalEconomy #EnergyNews #MarketTrends #EnergyInvesting https://lnkd.in/d8EVQjcg

Oil prices tumbled during July mainly raising concerns about demand. To know more about the performance of markets and commodities, download our insights on the global and regional markets #GCC #GlobalMarkets #CapitalMarkets #Equities #Kuwait #EmergingMarkets #DevelopedMarkets #Oil #OilMarket #OilPrice #Naturalgas #NaturalgasPrice #MENA #MarmoreResearch #markaz

The Downstream Petroleum Market: Navigating Contraction in 2024 As we approach the new year, it's clear that the downstream white product petroleum market is poised for significant contraction. Several factors are converging to reshape the landscape: 1️⃣ Inflation and Reduced Purchasing Power. Rising inflation has eroded disposable income, forcing consumers and businesses to prioritize essential spending. This directly impacts demand for petroleum products as people cut back on transportation and energy consumption. 2️⃣ Impact of Subsidy Removal While the removal of fuel subsidies has curbed smuggling by narrowing cross-border price differentials, it has also reduced overall market activity. The "hidden demand" previously sustained by illicit trade has now evaporated, leaving a smaller pool of legitimate consumers. 3️⃣ Currency Devaluation The significant devaluation of the naira has made imports more expensive, driving up pump prices. This double-edged sword of higher costs and lower affordability further dampens demand, especially in a price-sensitive market. What Lies Ahead? While these challenges signal tough times for the downstream sector, they also present opportunities to rethink strategies: - Efficiency and cost optimization will be key for survival. - Investments in local refining and alternative fuels like CNG could diversify revenue streams. - Companies that embrace digital tools and consumer-centric innovations will remain competitive in a contracting market. The road ahead requires resilience and adaptability. Despite the headwinds, I believe the industry can find its footing through strategic shifts and a commitment to long-term sustainability. What are your thoughts on the future of the downstream petroleum market? Let’s discuss! Dele Uwefoh Managing Director Taurus Oli & Gas

🚀 Unlock the Potential with Our Crude Oil Weekly Analysis! 🛢️ In this video, we delve into the latest trends, key levels, and market movements for Crude Oil. Whether you're a seasoned trader or just starting, our insights will help you navigate the complexities of the Crude Oil market with confidence. 📊 🔍 What’s Covered: Price levels and trend analysis Key support and resistance zones Actionable trading strategies ✨ Watch Now: https://lnkd.in/ej5gwMgx 📢 Join our FREE Telegram Channel @NumroTrader for live updates, trading signals, and much more! Our Services Include: Intraday & Weekly Levels for Indian & US Indices Intraday & Weekly Levels for Indian & US Commodities Guided Trading (Entry, Exit, and Stoploss) for Indian & US Indices & Commodities Trading Courses to Master the Art of Trading Stay ahead with our expert analysis and refine your trading strategies today! 💡 👍 Don’t forget to like, comment, and share if you find this analysis useful! #CrudeOil #CommodityTrading #MarketAnalysis #TradingInsights #MCXCommodities #TechnicalAnalysis #TradingStrategy #InvestmentTips #OilMarket #FinancialMarkets #TradingCommunity #NumroTrader #LinkedInLearning #StayAhead

🛢️ Energy Update: EIA Inventory Insights 📊 Exciting developments in the energy sector! The latest EIA inventory data unveils crucial figures that impact the oil and gas landscape. Here's a snapshot of the key numbers: 🛢️ Distillate Inventories:   - Actual: -0.51M barrels   - Forecast: -2M barrels   - Previous: -4.009M barrels 🛢️ Crude Oil Inventories:   - Actual: 4.199M barrels   - Forecast: 3.717M barrels   - Previous: 3.514M barrels 🛢️ Gasoline Inventories:   - Actual: -2.832M barrels   - Forecast: -2.835M barrels   - Previous: -0.294M barrels 🛢️ Crude Cushing Inventories:   - Actual: 1.458M barrels   - Forecast: N/A   - Previous: 0.741M barrels 📉 Notably, the 4-week average U.S. petroleum product supplied has fallen to its lowest since January 2023, signalling a potential shift in demand dynamics. These figures play a pivotal role in shaping market trends and influencing strategic decisions in the energy sector. Stay tuned for how these insights unfold and impact the industry! https://lnkd.in/ezeMvAsf #energysector #EIA #oilandgas #marketinsights #eia #oilmarkets #oilproduction #oilfieldservices #oilindustry 🌐

The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices. Growing crude oil stocks indicate a weaker oil demand and can have a negative impact on the oil barrel price. https://lnkd.in/dssuC-h3 #keyindicator #marketmover #worldeconomy #globaltrade #barometer #crudeoilwatch #energytrends #financialnews #oilandgas #crude #oilprices #energymarket #EIA #stockmarket #investing #trading #demand 

Appreciate Bloomberg for sharing Jay Stevens’ thoughts on a key moment for our team. Explore the full article to understand what drove our record trading activity on October 3. https://lnkd.in/gMugfyCG #marketupdate #wti #crude #crudeoil #oil #oott #oilprices #oilandgas #energyindustry #commoditymarkets #oilandgasindustry

💡 New insight alert! Is term crude at risk after the deepest YoY cuts in China’s refinery runs?, written by Emma Li. China’s implied refinery runs experienced the steepest y-o-y decline in October. What trends might emerge in the coming months? Read the full article now! https://lnkd.in/ewypj9Tm #Vortexa #VortexaInsights #OilandGas