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Oil Markets Bullish As Brent Breaks $90

Oil Markets Bullish As Brent Breaks $90

Oil prices hit a seven-year…

The Era of Cheap Renewables Grinds To A Halt

The Era of Cheap Renewables Grinds To A Halt

Supply chain disruptions, rising raw…

Is $100 Oil On The Horizon?

Is $100 Oil On The Horizon?

Tightening supply and rebounding demand…

Energy

U.S. Rig Count Rises Along With Crude Prices

Jan 28, 2022 at 12:11 | Julianne Geiger

The number of active drilling rigs in the United States rose by 6 this week, bringing the total rig count to 610, as oil prices continue to climb to attractive…

Oil Markets Bullish As Brent Breaks $90

Jan 28, 2022 at 11:42 | Josh Owens

Oil markets are looking increasingly bullish as geopolitical risks spike and inventories continue to drain.

Australia Ready To Ship LNG To Europe Amid Russia-Ukraine Crisis

Jan 28, 2022 at 11:07 | Tsvetana Paraskova

One of the world’s top liquefied natural gas exporters, Australia, says it is ready to ship LNG cargoes to Europe to “support its friends and allies,” as the U.S. is…

UK Gas Production Could Plunge 75% By 2030

Jan 28, 2022 at 10:03 | Tsvetana Paraskova

The UK could become much more vulnerable to price shocks and geopolitical events unless new offshore fields are approved and developed—and the UK’s gas production could plummet by 75 percent…

Federal Judge Annuls Massive Gulf Of Mexico Lease Sale

Jan 28, 2022 at 09:02 | Irina Slav

A federal judge threw out the biggest oil and gas lease sale in the Gulf of Mexico on the grounds that the Bureau of Ocean Energy Management broke the environmental…

U.S. Natural Gas Prices Climb Most Ever In Single Day

Jan 27, 2022 at 15:57 | Julianne Geiger

U.S. natural gas future prices skyrocketed 72% on Thursday on forecasts of colder weather. It was the sharpest one-day climb for the commodity since the contract launched…

Higher Oil Prices Could Trigger $500 Billion In Stranded Assets

Jan 27, 2022 at 10:20 | Irina Slav

Oil companies could get caught in a stranded asset trap worth $500 billion, environmental think tank Carbon Tracker said in a new report this week. According to the report, “Surging…

Oil Rally Fueled By OPEC Production Shortfall

Jan 27, 2022 at 10:09 | Irina Slav

That OPEC’s spare oil production capacity was a problem that was only going to get worse with time became clear last year when the first reports began to…

Are Activist Investors To Blame For High Oil Prices?

Jan 27, 2022 at 10:08 | Irina Slav

The shareholder returns adage has now become a fixture of the U.S. oil industry. Large public oil companies are not boosting production despite rising prices and tight supply.…

A Flying Car Could Be Commercially Available Within 12 Months

Jan 27, 2022 at 10:00 | ZeroHedge

A hybrid car-airplane known as “AirCar” has been issued a certificate of airworthiness by the Slovakian civil aviation authority, potentially paving the way for the future of flying vehicles.

The Key To Achieving Biden’s Net Zero Goals

Jan 27, 2022 at 09:57 | Haley Zaremba

In November of last year, the Biden administration launched the “Net Zero World Initiative” which creates alliances with other world governments, philanthropies, think…

Oil Flirts With $91 Amid Fear Of Russia-Ukraine Conflict

Jan 27, 2022 at 09:57 | Tsvetana Paraskova

Oil prices rose early on Thursday, with Brent firming above $90 a barrel, as fears of a Russia-Ukraine conflict that could disrupt energy supply to Europe trumped a strengthening U.S.…

Los Angeles City Council Votes To Ban Oil Drilling

Jan 27, 2022 at 08:42 | Charles Kennedy

The city of Los Angeles voted to ban oil drilling in what many see as a historic decision. The L.A. Times wrote that the city council voted unanimously to…

Has The Oil Market Flipped Into Surplus Territory?

Jan 26, 2022 at 16:12 | Alex Kimani

The energy sector has continued to defy the broad market selloff in the new year, with seven of Tuesday's top eight gainers on the S&P 500…

One Stock To Watch As Metals Prices Explode In 2022

Jan 26, 2022 at 16:06 | Tom Kool

Copper and zinc both hit record highs in 2021, and precious metals look set to soar alongside inflation, with one little-known stock offering exposure to it all. Prices of base…

The Wild Card To Watch For Oil Markets In 2022

Jan 26, 2022 at 12:30 | Tsvetana Paraskova

As talks on reviving the so-called Iranian nuclear deal enter a critical stage with the window of opportunity for a comprehensive agreement closing, oil markets are on edge…

Putin Has The Power To Intensify Europe’s Energy Crisis

Jan 26, 2022 at 12:26 | Haley Zaremba

Europe’s energy crunch is intensifying even as governments across the continent struggle to stop the crisis through stop-gap policy measures and subsidies. The past year has seen a…

China Is Helping Venezuela Re-Establish Itself As A Major Oil Producer

Jan 26, 2022 at 12:13 | Felicity Bradstock

Venezuela appears to be following in Iran’s footsteps by starting to ignore U.S. sanctions on its oil industry to once again develop its substantial crude reserves. After years…

The Hype Around Carbon Capture Is Causing Problems

Jan 26, 2022 at 11:59 | Felicity Bradstock

After years of pushing for carbon capture and storage (CCS) technologies as the mid-term solution to cleaning up fossil fuel production, many are now concerned about the caliber…

U.S. Natural Gas Prices Jump On High Demand

Jan 26, 2022 at 11:57 | Tsvetana Paraskova

U.S. natural gas prices surged by 6 percent early on Wednesday as frigid weather in many parts of the United States lifted demand, and commodity markets eyed the Russia-Ukraine crisis,…

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