Shell's share price hit another…
Senator Brown urges President Biden…
Shipment delays, fires, autopilots gone mad, and charging times that have yet to compare with the time it takes to fill up a gasoline tank are only a…
The President of the United States has the power, at his sole discretion without any other authority, to place a fee on imported oil or products. It becomes variable when…
The brief rebound in oil prices was never going to last in the current environment, and as the global crude glut nears historic highs, prices are heading towards $20
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to finish the week sharply lower despite stimulus efforts by policymakers around the world against demand…
Friday, March 27, 2020 1. Economic activity plunges to decade-low- The U.S. economy…
Market Movers There has been no letting up in the oil price war despite the intense demand destruction caused by the global Covid-19 pandemic that has now reached Europe and…
If there is one thing that history teaches us (other than that we don’t learn from history) it is that following a drop as severe and rapid as this in…
Why Haftar Isn’t Going to Sell Libyan Oil While there are plenty of political and industry players the world over who would like to see a winner in the Libyan…
Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 44, falling to 728, with the total oil and gas rigs…
There is still a chance to rebalance oil markets if the OPEC+ group expands to include more producing countries, the head of the Russian sovereign wealth fund, Kiril Dmitriev, told Reuters…
The coronavirus may be wreaking havoc on the global economy, but when the dust settles, moving forward will be all about access to critical metals, from the 5G war to…
The riskier end of the energy bond market has lately suffered a sharp blow in response to an epic oil price crash as the coronavirus pandemic and oil price war…
Masdar City, a development of the Abu Dhabi Future Energy Company (Masdar), is beginning to take shape. The innovative city-district shows a possible paradigm for future sustainable cities:…
Global oil demand could plummet by 18.7 million bpd in April, deepening an expected demand plunge of 10.5 million bpd for March, Goldman Sachs said, while the coronavirus pandemic continues…
The international oil market is composed of two types of companies: International Oil Companies (IOC) and National Oil Companies (NOC). The former are Western firms with their origin…
Oil prices crashed on Monday when the US Senate failed to reach a deal on the Stimulus Bill over the weekend. The idea was to quickly pass legislation…
With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid…
The oil market will not be a topic of discussion at the G-20 video summit later on Thursday, the Kremlin spokesman Dmitry Peskov told reporters when asked about the agenda of…
The world surplus could reach 20 million barrels per day (mb/d) in the next few weeks, threatening not only to top off storage tanks everywhere, but to crash…
A stimulus agreement has finally been reached. The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels…