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Libya Oil Production Rebounds


World’s Largest Oil Trader: Prices Are Set To Rise Further

Jan 17, 2022 at 10:04 | Irina Slav

Crude oil has already gained 10 percent since the start of the year and has further to go, Vitol's head of Asia told Bloomberg in an interview. "These prices…

China Refined A Record Amount Of Crude Oil In 2021

Jan 17, 2022 at 09:01 | Charles Kennedy

Crude oil processing rates in China reached a record last year, rising by 4 percent over 2020 to 14.13 million barrels daily, Bloomberg reported, noting that the increase was…

Life After Death For The Coal Industry

Jan 14, 2022 at 17:36 | Felicity Bradstock

Around the world, countries are exploring ways of repurposing their coal infrastructure, as many governments pledge to stop production of the fossil fuel within the next…

U.S. Rig Count Jumps As Crude Rally Continues

Jan 14, 2022 at 12:13 | Julianne Geiger

The number of active drilling rigs in the United States rose by 13 this week, bringing the total rig count at 601, as oil prices keep to bull territory even…

3 Key Trends Driving Natural Gas In 2022

Jan 14, 2022 at 12:13 | Alex Kimani

The oil sector has been hogging the investment limelight after a spectacular recovery that has set the sector as one of the top performers in 2021. However, it's…

Why The Bears Completely Missed The Mark On Oil Demand

Jan 14, 2022 at 12:08 | Irina Slav

In 2020, as the coronavirus locked down country after country, many energy industry observers and even participants floated the argument that this was the end of the oil…

Soaring Lithium Prices Become Major Headache For EV Makers

Jan 14, 2022 at 12:06 | Rystad Energy

Electric vehicle (EV) producers and suppliers could be facing a major cost headache starting this year as prices for battery-grade lithium are poised to skyrocket. Prices for the…

Bitcoin Or Oil: What To Buy In 2022?

Jan 14, 2022 at 12:04 | Alex Kimani

Shortly after the World Health Organization (WHO) declared Covid-19 a global pandemic, governments everywhere unveiled massive monetary and fiscal stimuli (over $15T globally) in a bid to forestall…

The U.S. Needs To Move Much Faster In The Critical Minerals Race

Jan 14, 2022 at 11:59 | Tsvetana Paraskova

The United States needs a more robust strategy in the race to procure critical minerals that will be crucial to meeting any of its clean energy goals. 

A Copper Crisis Threatens The Energy Transition

Jan 14, 2022 at 11:58 | Rystad Energy

Global demand for copper, an essential component in manufacturing electric vehicles (EVs) and consumer electronics, will outstrip supply by more than six million tonnes by 2030, Rystad Energy…

India Is Preparing Its Power Grid For A Major Renewable Energy Expansion

Jan 14, 2022 at 11:52 | Ag Metal Miner

In line with India’s commitment at the COP26 summit in Glasgow last year, the country aims to reach net-zero by 2070. Furthermore, India seeks to meet…

China's Attempt To Kill The Oil Rally Is Bound To Fail

Jan 14, 2022 at 11:43 | Tom Kool

In normal times, an announcement from China that it would release crude from its strategic reserves would drive oil prices down, but these aren't normal times and the relentless oil…

The Wild Ride For Natural Gas Isn’t Over Yet

Jan 14, 2022 at 11:00 | Editorial Dept

Last year was, to say the least, a bit of a wild ride in natural gas. Don’t get me wrong…I’m not complaining. I was always taught that volatility is a…

Crude Prices Get Support From A Weaker Dollar

Jan 14, 2022 at 10:35 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are edging higher on Friday, putting it in a position to post its fourth straight weekly gain. The catalysts behind the buying strength…

Europe's Gas Crisis Eases Slightly

Jan 14, 2022 at 10:35 | Editorial Dept

1. US Crude Supply to Hit Pre-Pandemic Levels by 2023- The US Energy Information Administration…

Natural Gas Prices Spike On Colder Weather

Jan 14, 2022 at 10:34 | Editorial Dept

Markets OPEC+ production is still lagging, but a new S&P Platts survey shows OPEC+’s December production was up 310,000 bpd, which is more than Reuters’ figures. Of that, OPEC’s production…

The Geopolitical Risks To Watch This Winter

Jan 14, 2022 at 10:31 | Editorial Dept

A single attack on oil at this point could send prices to $90, but it will depend on where it is. The markets will weigh certain geopolitical sentiments…

China Set To Release Crude From Strategic Reserve In Early February

Jan 14, 2022 at 09:07 | Tsvetana Paraskova

China has agreed with the United States to release crude from its strategic reserves around the Lunar New Year holiday on February 1, as part of the broader U.S.-led effort…

Could Oil Really Reach $200?

Jan 14, 2022 at 08:58 | Irina Slav

Oil is about to post its fourth week of gains in a row, and the outlook remains bullish thanks to supply constraints and demand strength. But one hedge fund manager…

China’s Crude Imports Fell For The First Time In 20 Years

Jan 14, 2022 at 08:35 | Irina Slav

Crude oil imports into China fell by 5.4 percent last year on an annual basis for the first time in two decades, Reuters reported citing statistical data from Beijing. According…

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