The shift in Fed Chair…
The total number of active…
The European Union is considering…
Coal prices in northwest Europe jumped on Wednesday to their highest level in one month, after the European Commission proposed on Tuesday a ban on imports of Russian coal over…
The risk of hitting floating mines in the major Black Sea shipping route is adding to perils for the few merchant ships still sailing in the region,…
The European Union will have to impose sanctions on Russian oil and gas “at some point”, Reuters has reported, citing the head of the European Council Charles Michel. "I…
Big Oil executives are facing off against Congress today at a hearing called by the House Energy and Commerce Committee in light of stubbornly high retail fuel prices. The Wall…
Tankers carrying nine million barrels of crude have departed from Kazakhstan’s CPC terminal after 10 days of no maritime exports, oil exports tracker TankerTrackers.com said on Wednesday. “A large…
Russia expects to earn additional oil and gas revenues of the equivalent of $9.6 billion (798.4 billion Russian rubles) this month, its finance ministry said on Tuesday. Despite the…
The American Petroleum Institute (API) reported a surprise build this week for crude oil of 1.080 million barrels, compared to analyst predictions of a 1.558 million barrel draw. U.S. crude…
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other producers amid self-sanctioning,…
While $100 oil incentivizes increased production in Canada’s crude-producing province of Alberta, the ramp-up of production is being held back by an issue all too familiar to the U.S. shale…
The government of Kuwait resigned on Tuesday as the political impasse in one of the largest OPEC producers deepened ahead of a vote of no-confidence in Parliament. Kuwait's Prime Minister…
The crown jewel of energy production, nuclear fusion using a projectile, may have been cracked in a major scientific breakthrough by a start-up in Oxford. First Light Fusion (FLF) was…
Turning down the thermostat by just one or two degrees Celsius could save some 10 percent of the energy that the EU imports from Russia, the Financial Times reported…
Canada will spend some $1.6 billion (C$2 billion) on building a battery mineral supply chain, Reuters has reported, citing two sources from the federal government in Ottawa. Nickel, lithium,…
Drivers in the UK have been queuing for fuel in recent hours after several days of climate protests culminated on Monday with a blockade of an oil facility near Heathrow…
The European Union condemned on Monday the killing of unarmed civilians by Russian forces while retreating from Ukrainian towns and vowed a new wave of severe sanctions would follow against…
Gold markets have stabilized following three weeks of decline, recording an uptick of 0.36 percent despite upcoming interest rate hikes being priced into the market. Prices…
The Automotive Monthly Metals Index (MMI) increased by 8.1%, as palladium prices surged in the early part of the month and renewed COVID-related restrictions in China…
The U.S. East Coast is currently seeing record high jet fuel prices as the global market of distillates is exceptionally tight after the Russian invasion of Ukraine and the return…
The Intergovernmental Panel on Climate Change (IPCC) has delayed the release and presentation of the latest report on how policymakers could act to slow global warming as nations continued to…
Halting Russian oil and gas supplies to Germany would plunge Europe's largest economy into recession, German banks have warned. According to a Reuters report, the BDB industry body expects…