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Anas Alhajji, managing partner and energy economist at Energy Outlook Advisors LLC, examines the recent surge of Brent crude above $97 and explores the dangers posed by tanker-for-tanker attacks for nearby populations.
He also questions why a larger-than-expected EIA crude draw only provided a brief lift to crude prices.
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Alhajji has also tracked recent developments in energy and equities. He flagged Citgo’s record ULSD exports and Venezuelan crude imports as potential factors in its planned U.S. asset sale. In a separate note, he highlighted the Carlyle Group’s acquisition of SunPower Inc following a sharp decline in the company’s share price.