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Oil Prices Move Higher After a Volatile Week

Oil Prices Move Higher After a Volatile Week

After a volatile week, oil…

Energy / Energy-General

Liberty Energy Chief Executive: Oil Is Far From Dead

Aug 31, 2022 at 18:02 | Irina Slav

“Three decades from now the vast majority of energy will come from hydrocarbons.” This prediction was made earlier this week by Chris Wright, chief executive of Liberty Energy,…

Nigeria Could Play A Key Role In Europe’s Energy Transition

Aug 31, 2022 at 09:02 | Global Risk Insights

Nigeria could be emerging as a key strategic partner to Europe’s energy transition, and the Franco-Nigerian relationship is at its heart. University research subsidies,

Is China Using Cyberattacks To Maintain Its Rare Earth Dominance?

Aug 31, 2022 at 08:39 | Metal Miner

For the longest time, the world relied solely on China for its supply of rare earths. Now, it seems that most countries have woken up to the “rare…

Oil Prices Continue To Fall As China Renews Covid Lockdowns

Aug 31, 2022 at 07:05 | Tsvetana Paraskova

Oil prices fell by 3% early on Wednesday, extending Tuesday’s 5.5% plunge, after China placed millions of residents on Covid lockdowns and Chinese data showed a weakening economic…

Kurdistan Could Soon Lose Half Of Its Oil Production 

Aug 31, 2022 at 02:27 | Tsvetana Paraskova

The semi-autonomous region of Kurdistan in Iraq could see its oil production and exports halved within five years, further depleting the already drained coffers of the Kurdistan Regional…

High Oil And Gas Prices Send Alberta’s Budget Surplus Soaring

Aug 31, 2022 at 01:51 | Irina Slav

Higher oil and gas prices will lead to a surplus of some $10 billion (C$13.2 billion) for Alberta this fiscal year, Premier Jason Kenney said

U.S. Diesel Prices Are Back Above $5

Aug 30, 2022 at 08:49 | Tsvetana Paraskova

The national average diesel price in the United States rose in the week to August 29 to above $5 per gallon again, the first weekly increase in more…

Nuclear Power Is Staging A Remarkable Comeback

Aug 30, 2022 at 04:18 | Tsvetana Paraskova

Faced with an unprecedented energy crisis, governments in the West are rethinking their long-held positions on the role of nuclear power generation, setting the stage for what could…

Inflation Fears Push Oil Prices Back Down

Aug 30, 2022 at 01:43 | Irina Slav

Crude oil prices declined ahead of European markets opening as fears about more aggressive rate action by central banks outweighed any possible concerns for tighter supply from OPEC.…

Saudi Arabia New Output Cuts Threat Is Another Blow To Washington

Aug 29, 2022 at 13:53 | Simon Watkins

Saudi Arabia’s threat last week to lead the Organization of the Petroleum Exporting Countries (OPEC) into a concerted cutting of its collective crude oil production – which would…

U.S. Utilities Desperately Need To Spend More On Energy Infrastructure

Aug 29, 2022 at 11:22 | Leonard Hyman & William Tilles

Since the 1970s, energy has played a diminishing role in economic growth with the offshoring of industrial production sometimes cited as a reason, but increased energy efficiency is…

FAANG 2.0: The Energy Crisis Is Ushering In A New Era Of Growth Stocks

Aug 29, 2022 at 10:14 | Alex Kimani

Over the past decade or so, investing in the U.S. stock market has been pretty straightforward: buy the big names in tech, rinse, repeat. The famous quintuplet of…

Japan Is Eyeing A Historic Return To Nuclear Energy

Aug 29, 2022 at 08:37 | Haley Zaremba

An energy crisis of unprecedented proportions is unfolding across the world. In the United Kingdom, short energy supply and sky-high prices has set…

Texas Is Leading The Fight Against ESG Investing

Aug 29, 2022 at 05:44 | Tsvetana Paraskova

U.S. energy-producing states are at war with some of the world’s largest asset managers and banks over the financial institutions’ ESG-aligned investment policies, which, the states say, show…

Europe’s Energy Crisis Has Ended Its Era Of Abundance

Aug 29, 2022 at 04:20 | Irina Slav

European gas prices broke yet another record last week, driven by the anticipation of production outages in Norway, lower nuclear energy production in France, and, of course, Gazprom's…

Fake News Or Fundamentals: What’s Driving Oil Prices?

Aug 29, 2022 at 02:10 | Charles Kennedy

Following the Saudi Energy Minister’s comments about the “disconnect” between oil fundamentals and oil prices, more OPEC officials have spoken out about what they suggest is fake news…

Iran Nuclear Deal Keeps Oil Markets On Edge

Aug 26, 2022 at 12:35 | Tom Kool

Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be pain ahead.

Oil Rig Count Climbs As Permian Drilling Picks Up

Aug 26, 2022 at 12:20 | Julianne Geiger

The number of total active drilling rigs in the United States rose by 3 this week, according to new data from Baker Hughes published on Friday, interrupting a three-week decline.…

A Crucial Week For The Iran Nuclear Deal

Aug 26, 2022 at 11:21 | Editorial Dept

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors.…

Crude Prices Hold Below $100 As Markets Fear Fed’s Actions

Aug 26, 2022 at 10:01 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading lower as investors braced for the possible return of sanctioned Iranian oil exports to global markets and on worries that rising…

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