A suspected Iranian spy ship…
When policymakers both here and…
The OPEC+ meeting is just days away and it seems all but certain that the result will be some sort of increase in production, although the magnitude of the…
Rechargeable lithium-ion batteries have one big problem that researchers are dedicating a lot of time to: their cathodes. Now, a team from the University of Maryland, the Brookhaven National Laboratory,…
There is an old traders’ cliché that says that it is dangerous to attempt to catch a falling knife. Like most clichés there is an element of truth to that,…
As OPEC’s June 22 summit rapidly approaches, everything hangs in the balance for the organization’s precarious (to say the least) relationship with United States shale CEOs. But suddenly, for the…
Friday June 15, 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 U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand…
Crude oil prices are back on the seesaw as the market prepares for next week’s OPEC+ meeting in Vienna. Most analysts expect the group to agree to start raising crude…
Just a few short years after economists and social theorists declared that we had entered the Third Industrial Revolution, the next revolution is already on the horizon. Fueled by…
August West Texas Intermediate crude oil futures are in a position to close higher for the week as investors prepare for next week’s OPEC meeting in Vienna on June 22-23.…
The OPEC meeting is a week away and based on the signals from the group’s top producers, the market is assuming that the group will increase oil production. However, the…
Oil markets are on edge as OPEC’s June 22 meeting in Vienna quickly approaches. (Click to enlarge) (Click…
Baker Hughes reported a dip in the number of active oil and gas rigs in the United States today. Oil and gas rigs decreased by 3 rigs, according to the…
It is “inevitable” that OPEC and partners will agree next week to gradually roll back some of the production cuts that have been in place since January 2017, Saudi Arabia’s…
Automakers are looking for states to support electric vehicle sales and charging infrastructure development — regardless of what President Donald Trump and EPA Administrator Scott Pruitt end up deciding to…
China’s independent refiners—the so-called teapots—have enjoyed comfortable profit margins since they were allowed to directly import crude oil in 2015. But the good times for the teapots may be over…
“Global demand is 100.5 million b/d and supply is running around 99.5 million b/d. So you got 1 million b/d gap…which means something’s gotta give,” said Goldman Sachs’ head of…
On May 21st President Donald Trump signed a new executive order prohibiting certain oil-related transactions with Venezuela. GlobalData, a leading data and analytics company, argues that the new sanctions are…
Together with its massive push to have more and more residential and industrial customers switch from coal to gas, China is aiming to overhaul the ownership of its huge gas…
Saudi oil giant Aramco will be heavily investing in increasing its refining capacity and chemicals business in pursuit of securing more downstream markets for its crude oil, Aramco’s Senior vice…
Oil markets largely ignored the much-anticipated meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un, though further geopolitical maneuvers should weigh on crude prices moving forward.