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Breaking News:

Asian Oil Imports Dropped in April

Energy / Energy-General

Europe’s Economic Outlook Is Looking Bleaker By The Day

May 16, 2022 at 10:33 | City A.M

Russia’s invasion of Ukraine is generating fresh headwinds that will choke the European economy, reveal official forecasts published today. Surging energy prices caused by concerns over…

Highest Ever U.S. Gasoline Prices Aren’t Destroying Demand

May 16, 2022 at 10:02 | Tsvetana Paraskova

U.S. gasoline demand is not going down despite record-high gasoline prices, which have been beating previous all-time highs on a daily basis in the past two weeks. As of May…

Energy Security Concerns Are Fueling A Renewable Boom

May 13, 2022 at 13:53 | Alex Kimani

Back in 2013, an announcement by the Federal Reserve about pulling back on the central bank's easy-money policies sent markets into a tizzy. Treasury bond yields skyrocketed, junk…

The Semiconductor Shortage Could Persist Through 2024

May 13, 2022 at 12:21 | Metal Miner

The Automotive MMI (Monthly Metals Index) held flat from April to May. This was largely the result of a number of factors working in concert. Below, we’ll dig…

America's Electric Grid Has A $2 Trillion Problem

May 13, 2022 at 12:18 | Tsvetana Paraskova

Getting America to reach the goals of zero-carbon electricity generation by 2035 and net-zero economy by 2050 with a surge in electric vehicle transportation and renewable power installations…

U.S. Rig Count Continues To Rise As WTI Hits $110

May 13, 2022 at 12:14 | Julianne Geiger

The number of total active drilling rigs in the United States rose by 9 this week, on top of the 7 rig increase in the week prior, according to new…

Oil Prices Climb Despite Demand Destruction Claims

May 13, 2022 at 11:54 | Josh Owens

Despite reports from the IEA and OPEC that emphasized a decline in oil demand, oil prices jumped on Friday due to fears of Europe implementing a Russian oil ban.

How Energy Wealth Funds Are Being Leveraged To Diversify Economies

May 13, 2022 at 11:50 | Felicity Bradstock

The success of Norway’s sovereign wealth fund has encouraged other oil-rich nations to follow in its footsteps by developing their own national funds from energy revenues. Countries across…

Oil And Gas Prices Veer Back As Markets Fear Russian Crude Ban

May 13, 2022 at 11:40 | Tsvetana Paraskova

Crude oil prices shot up more than 3% on Friday in mid-day trade, with the WTI front-month contract reaching $109.80 per barrel—erasing losses from earlier in the…

Fundamental Forces Clash In Turbulent Oil Market

May 13, 2022 at 11:12 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading slightly higher on Friday but are still in a position to post its first weekly loss in three weeks as mixed…

Soaring Costs Set To Hurt U.S. Shale Production

May 13, 2022 at 11:10 | Editorial Dept

1. Soaring Production Costs Stoke Fears of US Shale Slowdown- Just as US shale producers…

Russia Reduces Natural Gas Exports To Europe

May 13, 2022 at 11:08 | Editorial Dept

Politics, Geopolitics & Conflict On the natural gas front, tit-for-tat measures between Ukraine, the European Union, and Russia led to a reduction in Russian natural gas to Europe this week,…

Is Tesla Oversold?

May 13, 2022 at 11:06 | Editorial Dept

Two months ago, in these very pages, I wrote that I had abandoned my long-term holdings in Tesla (TSLA) and viewed it once again as a trading instrument rather than…

Russia Is Trying To Replicate The Annexation Of Crimea

May 13, 2022 at 11:05 | Editorial Dept

Let the second annexation begin … but it won’t go down like Crimea.  In a rehashing of the events that led to Russia’s annexation of Crimea…

Buffett Could Be Inching Closer To Control Over Oxy

May 13, 2022 at 10:39 | Tsvetana Paraskova

Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum Corporation (NYSE: OXY) this week, bringing its stake to 15.3% in a move that could be seen as Buffett…

A Global Energy Shortage Is Putting Bitcoin Under Pressure

May 12, 2022 at 11:37 | Felicity Bradstock

It has been a difficult start to the year for crypto markets and, as prices have plunged, the industry’s energy consumption has come back into the spotlight. Crypto…

European Oil Majors Report ‘Exceptional’ Trading Profits

May 12, 2022 at 10:18 | Tsvetana Paraskova

Europe's top oil firms reported blowout earnings for the first quarter as oil and gas prices spiked with the European energy crisis and the Russian invasion of Ukraine.  …

What Does The EU Need To Do To Wean Itself Off Russian Fossil Fuels?

May 12, 2022 at 10:03 | ZeroHedge

According to draft proposals obtained by the Financial Times, the European Union is set to ease environmental regulations to replace Russian fossil fuels…

The NOPEC Bill Could Send Oil Prices To $300

May 11, 2022 at 11:04 | Tsvetana Paraskova

If the U.S. passes the NOPEC bill, a bill designed to pave the way for lawsuits against OPEC members for market manipulation, the oil market could face even…

The EU Has A Major Problem With Securing Non-Russian Gas

May 11, 2022 at 10:38 | Irina Slav

Germany has been negotiating deliveries of liquefied natural gas with Qatar as part of plans to wean itself off Russian gas, on which it is heavily dependent. The…

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