Andreas Exarheas

Andreas Exarheas Editor | Rigzone A multimedia journalist with more than 10 years of experience in writing, researching and editing for online and print media across a range of industries, Andreas has spent the last five years covering the energy sector. As Editor for Rigzone, Andreas reports on the global upstream oil and gas industry. He has a bachelor’s degree in journalism from Cardiff University in Wales. Connect:

64%

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

85%

Examples:

  • The article presents the EIA and BMI's forecast as if they are accurate predictions when in fact they are based on assumptions and projections that may not necessarily come to fruition.
  • The article uses positive language such as 'reveal', 'latest', and 'forecasts' to create a sense of certainty and credibility for the sources, while downplaying the uncertainty and variability inherent in any projection.

Conflicts of Interest

50%

Examples:

  • BMI is a contributor to the Bloomberg Consensus which was also mentioned in the article. This creates an illusion of multiple sources providing different opinions when in reality there is only one source with multiple affiliations.

Contradictions

85%

Examples:

  • BMI projected that the Brent price will average $85 per barrel this year, which is not true as their report shows they forecast it to be $84 per barrel
  • In its previous STEO, the EIA saw the Brent spot price averaging $80.97 per barrel in 2024 and $79.48 per barrel in 2025.
  • The EIA reported that the Brent crude oil spot price averaged $80 per barrel in January

Deceptions

50%

Examples:

  • The article presents the EIA and BMI's forecast as if they are independent entities when in fact BMI is a contributor to the Bloomberg Consensus which was also mentioned in the article.

Recent Articles

Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations

Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations

Broke On: Monday, 12 February 2024 Oil 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.