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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email‘Lumpy’ price action ahead for oil and gas prices, says OPIS forecastDenton Cinquegrana, Oil Price Information Service chief oil analyst, joins 'Fast Money' to talk how to play oil prices this summer.
Persons: Denton Organizations: Oil Price Information Service
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLower gas prices will likely continue through the holidays, says Denton CinquegranaDenton Cinquegrana, Chief Oil Analyst at OPIS, discusses the outlook for gas prices this holiday season.
Persons: Denton Cinquegrana Denton Cinquegrana Organizations: Chief Oil
The Kremlin says Putin wants to act as mediator in the Israel-Hamas war. But Putin has little to gain from bringing an end to the conflict. AdvertisementAdvertisementAs violence erupted between Israel and Hamas this week, the Kremlin sought to cast Russian President Vladimir Putin in the role of peace broker. They say Putin has more to gain, not by bringing a swift end to the conflict, but by prolonging it to further Russia's strategic goals, notably in Ukraine. Abbas Gallyamov, a former speechwriter for Putin, told CBC News that Russia had become an "Iran proxy" in the region, like Hamas or Hezbollah.
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OPIS' Denton Cinquegrana sees a slight upside for crude oil
  + stars: | 2023-09-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPIS' Denton Cinquegrana sees a slight upside for crude oilOPIS chief oil analyst Denton Cinquegrana joins 'The Exchange' to discuss rising oil and gas prices.
Persons: OPIS, Denton Cinquegrana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPIS: Oil prices have a shot at breaking triple digits this year, but that move could be short-livedOPIS chief oil analyst Denton Cinquegrana discusses why crude prices have been rangebound for the past several months, and where oil and gasoline prices may be headed this spring and summer.
Throughout the U.S., diesel supplies remain tight; the East Coast in particular has been pressed to keep tanks fully stocked. Some of the supply issues go back to pre-Covid 19 events, including a June 2019 fire that took out a key East Coast refinery. Europe has been weaning itself off Russian crude oil and natural gas, but replacing Russian diesel may prove trickier. At that time, diesel prices at the retail level in the U.S. were in the $5.25-5.30 a gallon range. By the end of January, retail diesel prices should be approaching $4.75 a gallon.
OPIS: Gasoline supplies in the U.S. are getting a bit tight
  + stars: | 2022-09-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPIS: Gasoline supplies in the U.S. are getting a bit tightOPIS chief oil analyst Denton Cinquegrana discusses the streak of days that gas prices declined since mid-June coming to an end, and whether prices at the pump could start heading markedly higher from here.
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