Citigroup Says 42% of Clients Have No Energy Transition Plan
Spring brings higher gas prices…
The United States has initiated…
Following the discovery of the immense Zohr gas field and several new onshore oil deposits in Egypt, the country was full of optimism about the impact its new bounty of…
The early signs of discontent and demand destruction could be forcing OPEC’s hand, but increasing production carries its own risks. OPEC and Russia are considering raising oil production in a…
To say that nuclear energy has a bad name would be an understatement. To say that it has a future, however, would be to state the obvious. Despite soaring solar…
A crude oil swap deal between Iran and Iraq, which was supposed to begin in mid-April, has started, Iran’s Shana agency reported yesterday, as quoted by Reuters. Under the…
Several OPEC oil ministers who met over the weekend just three weeks before the June 22 meeting in Vienna that could result in an easing of the oil production cuts…
In a tight oil market reacting with price gains to concerns about supply shortages, the leaders of the OPEC and non-OPEC nations part of the production cut deal—Saudi Arabia and…
Nowhere has Russia’s resurgent power been more on display than in the Middle East, where Moscow has undeniably matched, and some would say, outstripped Washington in areas concerning diplomacy,…
Oil prices collapsed at the start of this week, with WTI and Brent dropping 5.5 percent and 7.5 percent respectively from their three and a half year peaks. This…
This last week, there was immediate wailing from the analysts as soon as the announcement went out that the Saudis and the Russians were discussing an increase of up…
Since the wild ride at the beginning of the year ended when the $2.50 support held, natural gas futures have been relatively calm. We have seen a much more manageable,…
Friday June 1, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
The controversial Trans Mountain pipeline expansion project just got delayed for an indefinite period after the federal Canadian government announced it would buy it from Kinder Morgan for $3.5 billion…
U.S. West Texas Intermediate crude oil is in a position to close lower for a second consecutive week. The catalysts behind this week’s selling pressure are trader reaction to a…
The news this week has been dominated by trade war talks and OPEC’s suggestion of increased production, with WTI and Brent reflecting the market’s confusion.
US drillers added 1 rig to the number of oil and gas rigs this week, according to Baker Hughes, with oil rigs increasing by 2 and gas rigs dipping…
Increased demand for battery materials used in electric vehicles and energy storage is what's supposed to reignite interest in the mining sector now that the China-induced supercycle in commodities demand…
Over the past few weeks, Iran has repeatedly sought (even demanded) EU support to offset renewed U.S. sanctions that will be imposed on the oil producing country. In fact, not…
Oil and gas companies that took a lot of loans and issued five- and seven-year notes in the “exuberance” years before 2014 are likely to get more favorable terms from…
Iran is seeking support from fellow OPEC members against the returning U.S. sanctions and wants the issue on the agenda at the Vienna meeting in June, Iranian Oil Minister Bijan…
“Everything should be made as simple as possible, but not simpler.”--Albert Einstein When trying to predict gold prices, investors usually look at one or several drivers: interest rates, U.S. dollar…