China is finishing the Al-Faw…
A new study reveals that…
OPEC expects strong oil in…
Maintenance at three oil sands upgraders in Canada will take off some 500,000 bpd in production offline, helping tighten supply amid a price rally, Bloomberg reports. Canadian Natural Resources, Suncor…
Robust oil demand in Asia has supported the bullish sentiment on the oil market in recent weeks, but the higher oil prices may cool off crude purchases from the world’s…
The oil markets are once again in an upbeat mood, with crude prices shooting up 5% on Wednesday after reports emerged that OPEC+ producers rolled over production cuts…
Despite its enormous potential to transform the global energy sector, blockchain technology has largely remained confined to the financial sector, with the energy industry consistently catalyzed by innovations in sub-sectors…
Remember when EV and hydrogen truck maker Nikola listed last year? The stock soared in the first months of trading, only to slump heavily just a few months later after…
Domestic Chinese battery-grade lithium carbonate prices assessed by Benchmark Mineral Intelligence are…
Environmental, Social and Governance (ESG) - often referred to as 'Socially Responsible Investing' (SRI) or 'Sustainable Investing' (SI) - account for roughly 33% of total US assets under management, largely due…
The biggest gasoline draw since 1990 amid refinery shutdowns due to the Texas Freeze could push up the U.S. national average gasoline price to $3 a gallon for the first…
The U.S. oil benchmark, WTI Crude, jumped early on Thursday to above $64 a barrel, soaring by more than 5 percent, after OPEC+ sources began telling reporters that the coalition…
A California-based startup has revealed an EV charging network where drivers will only need to spend 10 minutes to get fully charged battery, Business Insider reports. The company, Ample,…
Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, the Wall Street Journal reported on Thursday, citing sources familiar with the…
This year’s rally in oil prices brings back an all-too-familiar question for the oil market and the OPEC+ group: Will U.S. shale come back faster than expected to ruin the…
The COVID-19 pandemic, 2020 crude oil price crash and ongoing global petroleum supply glut have done little to slow the growth of South America’s massive offshore oil boom.…
The blame game for the massive power outages in Texas last month continues. The dominant argument is that renewables had an ignorable part to play in the crisis, with natural…
After decreasing production to match lower demand in 2020, Mexico plans to boost oil exports in 2021 as worldwide demand gradually increases once again. OPEC members…
Turkey’s energy import bill has been a major drag on its economy for decades. In 2019, the country imported $41 billion worth of energy among which 45 billion cubic meters…
To say that 2020 was an unusual year in markets would be a vast understatement. The last year not only went on record for the quickest and deepest bear market…
Oil prices jumped early on Wednesday, following reports that the OPEC+ group could be weighing the possibility not to increase collective oil production from April as widely expected.…
Crude oil prices dropped today after the Energy Information Administration reported what can only be described as a colossal crude oil inventory build of 21.6 million barrels for the…
The OPEC+ group is considering keeping their collective oil production cuts in April, given the still-fragile global demand recovery, three OPEC+ sources told Reuters on Wednesday. OPEC and its…