Oil prices are set to…
Saudi Arabia’s oil giant, in…
U.S. West Texas Intermediate crude oil futures are edging lower on Friday as traders await the outcome of a meeting of International Energy Agency (IEA) member nations set to discuss…
1. US Shocks Market with Largest Ever SPR Release- US President Joe Biden announced the…
Energy Markets on War Footing ExxonMobil’s Montana refinery shut down some units on Saturday after a fire broke out. The cause of the fire remains under investigation. The refinery can…
The number of total active drilling rigs in the United States rose by 3 this week, as WTI trades at more than $100.90 per barrel. The total rig count increased…
Since the Russian invasion of Ukraine last month, a lot has been said and written in the U.S. about the impact of that and the subsequent sanctions on the price…
We are starting to see the makings of energy curtailments in Europe - an exceedingly unpopular step that governments would be unlikely to take if there were any…
Despite Exxon’s recent exploration hurdle, Brazil has big plans for its oil industry as it hopes to increase its production levels significantly throughout 2022. With uncertainty around what…
U.S. shale oil drillers are complaining of a shortage of steel tubing for wells, which is contributing to stagnation in production. In a Friday report, Bloomberg cited data from…
In a previous article, we discussed the growing risk of a looming recession, a risk that is heightened by stretched asset valuations, the…
Saudi Arabia’s state-owned oil giant, Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China, according to recent comments from the company’s chief…
Saudi Arabia and the UAE have been repeatedly called upon by Western leaders to increase oil production in order to counter soaring prices. So far, all requests have…
Japan has recently announced big plans to invest in renewables and bring back nuclear power - the first big move on nuclear since the Fukushima disaster. With international…
Flight prices are set to soar as jet fuel gets more and more expensive. Rising oil prices not only affect energy costs but also travel and petroproducts. As…
OPEC’s Secretary General and other industry leaders had much to say about ‘Oil and Gas in a Net-Zero World’ in Dubai this week. They appeared newly confident in…
Rising tensions in Bosnia and Herzegovina are dragging the country into its most precarious political situation since the Bosnian War of 1992-1995. In early October 2021, Milorad Dodik…
Despite spiraling oil prices which see the international Brent benchmark up by a stunning 53% since the start of 2022 to be trading at over $109 per barrel,…
The IEA recently released ‘A 10-Point Plan to Cut Oil Use’, but just how realistic is this plan? With the hope that state governments will incorporate the plan…
As Peter Schiff put it in a recent podcast, government solutions make every problem worse. The solutions being floated to help Americans deal with high gas…
A group of environmentalists, including Greenpeace, Environmental Working Group, and other activist organizations, has launched a campaign calling for a change in the code of bitcoin…
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