Michael Kern
Michael Kern is an experienced energy journalist who focuses on oil prices and global energy markets. He covers news related to OPEC, oil supply growth, and geopolitical risks in the industry. Michael has a deep understanding of the complex dynamics of international energy politics and their impact on global markets. His articles provide valuable insights into the factors that drive oil prices and offer a comprehensive view of the energy landscape.
81%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
88%
Examples:
- ExxonMobil announced it would drill two exploratory wells north and west of its Stabroek block in the Essequibo offshore area disputed by Venezuela
- India's state-owned companies might pick up some of the relinquished parts of the Stabroek block
- Israel rejected a ceasefire offer and bombed Rafah
Conflicts of Interest
88%
Examples:
- ExxonMobil announced it would drill two exploratory wells north and west of its Stabroek block in the Essequibo offshore area disputed by Venezuela
- India's state-owned companies might pick up some of the relinquished parts of the Stabroek block
Contradictions
88%
Examples:
- Israel rejected a ceasefire offer in Gaza
- The geopolitical risk premium kicked back in big time after Israel rejected a ceasefire offer and bombed Rafah
Deceptions
65%
Examples:
- Asia has been the first continent where gasoline weakness led to refinery run cuts,
- Chinese refinery output slid 1.8% year-over-year in May to 14.25 million b/d,
- Oil markets were eagerly anticipating the start of peak driving season in the summer, but gasoline demand so far has been mostly disappointing,
Recent Articles
U.S. Crude Oil Prices Surge Past $81: Summer Fuel Demand and China's Economic Data Boost Market
Broke On: Tuesday, 18 June 2024U.S. crude oil prices surpassed $81 per barrel on Tuesday, with Brent reaching $85.33, driven by risk-on sentiment and summer fuel demand expectations. China's retail sales beat forecasts but industrial output and investment disappointed, contributing to the rally. Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations
Broke On: Monday, 12 February 2024Oil prices have been volatile due to geopolitical tensions and supply disruptions. The ongoing conflict between Israel and Hamas could lead to further price fluctuations, while OPEC reports are closely monitored for updates on production levels and demand forecasts.