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Brent Breaks Above $91 as Bullish Sentiment Builds

Brent Breaks Above $91 as Bullish Sentiment Builds

Oil prices continued to rally…

Energy / Energy-General

Rare Cold Snap Rattles The Heart Of U.S. Shale

Feb 15, 2021 at 16:33 | Julianne Geiger

The cold spell attacking Texas this week may be boosting oil prices, but it’s also causing oil refineries to shutter and pipeline operators to restrict their flow. On Monday, President…

Has This Record-Breaking Oil Rally Gone Too Far?

Feb 15, 2021 at 16:06 | Vanand Meliksetian

The Covid-19 pandemic has ravaged energy markets and decimated demand. Of the three fossil fuels, coal, natural gas, and oil, demand for the latter was affected most due to its…

Shipping Is The Next Big Industry To Go Net-Zero

Feb 15, 2021 at 14:45 | Irina Slav

When the International Maritime Organisation announced plans to significantly reduce the amount of sulfur ships were allowed to emit, the industry adjusted relatively quickly. After all, it was all about…

Extreme Cold Snap Paralyzes Texas Refineries

Feb 15, 2021 at 13:05 | ZeroHedge

A brutal polar vortex has paralyzed much of Texas. Three million people are left without power as an extreme cold snap sends power demand to record highs. Energy infrastructure, such…

5 Companies Betting Big On Futuristic Energy Tech

Feb 12, 2021 at 16:36 | Alex Kimani

With the clean energy shift beginning to gain serious momentum, the prime candidates for a sustainable future have been solar, wind, and to a lesser extent, geothermal energy and nuclear…

Does Biden Know What’s Best For Texas?

Feb 12, 2021 at 14:32 | Haley Zaremba

“Unfortunately, our economic bedrock of oil and gas is under attack by an administration that is bent on eliminating millions of jobs,” Republican Congressman Brian Babin announced to…

Australia Is Growing Dangerously Dependent On Foreign Fuel

Feb 12, 2021 at 14:28 | Tsvetana Paraskova

The pandemic has accelerated refinery closures globally as refiners and oil majors acknowledge that some sites have become permanently uneconomical amid depressed refining…

How High Can Oil Prices Go?

Feb 12, 2021 at 13:11 | Tom Kool

Analysts are divided over whether oil prices can continue to climb, with WTI nearing $60 and profit-taking having begun.With 2021 shaping up to…

Oil Prices Soar Amid Rumors Of New Commodities Supercycle

Feb 12, 2021 at 13:08 | ZeroHedge

Just days after one of our favorite macro strategists, Dylan Grice, predicted that the stage is set for "a bull market in oil", and JPM quant Marko Kolanovic said…

U.S. Rig Count Continues To Climb Amid Soaring Oil Prices

Feb 12, 2021 at 12:13 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 last week. The total number of active oil and gas…

Iran Is Facing A Stranded Oil Asset Crisis

Feb 12, 2021 at 10:30 | Charles Kennedy

Iran risks having its massive crude oil assets become stranded unless the United States lifts the sanctions that the Trump administrations imposed on Tehran three years ago, Reuters has

Oil Rally Stalls On Fragile Demand Recovery

Feb 12, 2021 at 09:35 | Tsvetana Paraskova

Oil prices slipped on Friday morning for a second day in a row as major forecasters warned that the global demand recovery is still fragile and as the U.S. dollar…

The Most Overlooked Energy Source On Earth

Feb 11, 2021 at 17:25 | Alex Kimani

About a month ago, a report by clean energy watchdog Bloomberg New Energy Finance (BNEF) confirmed that the renewable energy sector has remained the most resilient to the ravages…

Flying Taxis To Hit The Skies In 2024

Feb 11, 2021 at 16:48 | Irina Slav

Remember the grubby flying taxi Bruce Willis drove in "The Fifth Element"? That was a very 90s view of the future. In reality, we may soon be taking up to…

Boring Car Stocks Have Suddenly Become Wall Street Favorites

Feb 11, 2021 at 15:51 | Alex Kimani

It’s a rare year when boring and stodgy sectors such as automotive garner more investor interest than more trendy sectors such as Big Tech and even biotech. Turns…

Argentina Narrowly Avoids Another Oil Industry Crisis

Feb 11, 2021 at 14:11 | Matthew Smith

Crisis-torn Argentina has managed to avert another disaster in its economically crucial hydrocarbon sector. Many institutional investors are unhappy with Buenos Aires’ sovereign debt restructuring

Australia’s Fuel Security Crisis Is Growing Increasingly Dire

Feb 11, 2021 at 13:57 | Felicity Bradstock

Australia’s fuel security is becoming an increasingly imminent challenge for the country as another refinery closes in Melbourne. With the country’s already high import bill climbing, experts are…

How Bad Was Big Oil’s Earnings Season?

Feb 11, 2021 at 13:16 | Leonard Hyman & William Tilles

The five integrated oil super majors closed their financial books for 2020 and their numbers looked dreadful. However it could have been worse. Their revenues fell an incredible 36%, from…

How Much Higher Can Oil Prices Go?

Feb 10, 2021 at 17:10 | David Messler

Oil prices have rallied back to the point they are almost ready to match pre-Covid levels. There are two key drivers for this miracle, which no one predicted early on…

The Most Fragile Oil Price Rally In History

Feb 10, 2021 at 16:41 | Irina Slav

Brent crude could hit $70 or even $80 a barrel by the end of this year, one hedge fund manager says. It could top $100 next year, an energy analyst…

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