Oil price volatility has climbed…
Tesla is laying off over…
Baghdad is repairing the Kirkuk-Ceyhan…
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…
A rally that pushed oil prices higher than they were immediately before the pandemic struck has faltered on uncertainty around OPEC+ and a stronger dollar. Hedge fund oil buying reflected…
With Asian spot liquefied natural gas (LNG) prices having risen to unprecedented levels in January and the outlook remaining extremely robust Iran believes now is the time to move full…
Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year in a bid to stay competitive in a very dynamic…
Bloomberg Intelligence has announced its 50 companies to watch 2021 and several energy firms from different backgrounds and power sources made the cut. NextEra, Repsol, Sunpower,…
After breaking the $50 barrier last year, oil prices are currently trading above $60. The major drivers behind this rally include the rise…
Investor Alert! Oilfield service giants are looking like an increasingly good investment as oil prices rebound. Read our latest Global Energy Alert investment column to…
Elon Musk is nothing if not divisive. But if there’s one thing about the world’s richest man that people tend to agree on, it’s that he’s good at…