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Republicans Pressure Biden to Deliver Weapons to Israel

Republicans Pressure Biden to Deliver Weapons to Israel

The U.S. House of Representatives…

Inflation Fears Keep Oil Prices Suppressed

Inflation Fears Keep Oil Prices Suppressed

The week began positively with…


Oil, Gas Drilling Activity Slips in the U.S.

May 24, 2024 at 12:06 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total…

Russia Has 12% of its Oil Refining Capacity Offline in May

May 24, 2024 at 10:46 | Charles Kennedy

Russia’s primary oil refining capacity that is idled this month is 12% of its total primary refining units, per Reuters estimates on industry sources data. Due to a change…

Just How Long Will the Natural Gas Price Collapse Continue?

May 24, 2024 at 09:11 | Robert Rapier

Whenever I try to get a feel for the direction of natural gas prices, the Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report is the first place I…

Oil Prices Remain Under Pressure Despite Rising Gasoline Demand

May 24, 2024 at 07:40 | Michael Kern

A combination of crude inventory builds and high interest rates continued to weigh on oil prices this week, with Brent and WTI both trading near three-month lows.

High Demand Sends LNG Prices Climbing Around the World

May 24, 2024 at 07:20 | Editorial Dept

1. Mexican Crude Production Collapses Ahead of Elections- Providing a somber reflection on Mexico’s upstream…

Oil Prices Tumble as Demand Concerns Boost Bearish Sentiment

May 24, 2024 at 07:20 | Editorial Dept

Oil prices are experiencing a sharp decline this week, its first in two weeks. The period is ending with four consecutive sessions of losses and Friday is on course to…

Russia Denies Trump's Claim That Putin Will Release U.S. Journalist for Him

May 24, 2024 at 07:13 | Editorial Dept

Politics, Geopolitics & Conflict On the US election front, Trump has promised that if he is elected, Putin will immediately release an American journalist being held in prison in Russia.…

A Good Way to Play Small Cap Energy Stocks

May 24, 2024 at 07:07 | Editorial Dept

Over the next few weeks, I will be buying something that, for years now, has been extremely disappointing. If that makes no sense to you, bear with me for a…

The Death of Iran's President Sparked Speculation but Little Else

May 24, 2024 at 07:03 | Editorial Dept

The death of Iranian President Raisi in a helicopter crash last weekend is not likely to have any immediate impact on the regime itself in terms of the…

EVs Twice As Likely To Hit Pedestrians As Gasoline Vehicles

May 23, 2024 at 15:24 | Alex Kimani

For years, the transition from ICE vehicles to EVs has been viewed as a critical element of reducing the more than seven billion metric tons of carbon dioxide (GtCO?) the…

Trump Rakes in Millions from Oil Industry, Outpaces Biden in Campaign Funds

May 23, 2024 at 13:31 | Irina Slav

The oil industry is contributing millions to the Trump presidential campaign, helping the Republican candidate top his rival Joe Biden's campaign war chest. And the Biden admin did a lot…

The Market's Sleepiest Sector Becomes Top Winner of the AI Boom

May 23, 2024 at 11:37 | Tsvetana Paraskova

The surge in artificial intelligence technology has created a most unlikely winner on the stock market.   Electric utilities, the ones that will meet the soaring demand to power data…

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Bitcoin Miners Make Shift to Renewable Energy

May 23, 2024 at 10:49 | Tom Kool

Bitcoin has dominated the news cycle lately, from the recent halving to the 30-plus banks starting their own Bitcoin ETF.  Crypto miners have also made the news, buying up local…

JPMorgan: Global AI Data Centers Will Consume Huge Amounts of Fresh Water

May 23, 2024 at 09:38 | ZeroHedge

Wall Street banks are in a frenzy over "The Next AI Trade," piling into the 'Powering up America' investment themes, whether that's power grid companies, commodities, such as copper, gold, silver, and uranium, and…

National Grid Turns to Shareholders for £7 Billion Energy Transition Investment

May 23, 2024 at 09:21 | City A.M

One of the biggest fundraisers in the UK this year just hit the market, with National Grid’s pitch to bring £7 billion in over the next five years…

Gasoline Prices Ahead of Memorial Day Are 1% Higher Than a Year Ago

May 23, 2024 at 08:14 | Tsvetana Paraskova

The average retail price of a gallon of regular gasoline in the United States was $3.58 on the Monday before Memorial Day, which was 1% higher than last year’s pre-Memorial…

Why Oil May Regain Upward Momentum

May 22, 2024 at 18:19 | Alex Kimani

Dynamics in the global oil markets have shown little change over the past couple of weeks with pessimism still high and hedge funds still leaning towards the short side of…

Oil Prices Maintain Losing Streak on Inflation Confusion

May 22, 2024 at 12:54 | Tom Kool

The U.S. crude oil benchmark, West Texas Intermediate (WTI) has fallen well below the $80 mark it surpassed at the beginning of the week, with Brent crude also losing ground…

What’s Really Wrong with Thames Water?

May 22, 2024 at 12:04 | Leonard Hyman & William Tilles

Thames Water again? We’re not in the water business. But this story has a moral, so read on. There are many reasons for the current predicament in the UK’s water…

EIA Confirms Small Crude Inventory Build, Gasoline Draw

May 22, 2024 at 09:35 | Irina Slav

WTI crude oil traded below $78 today after the U.S. Energy Information Administration reported an estimated inventory increase of 1.8 million barrels for the week to May 17. This…

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