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Weak Diesel Prices Reflect Global Economic Slowdown

Weak Diesel Prices Reflect Global Economic Slowdown

Diesel fuel production has ramped…

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Arabia’s oil giant, in…

Energy / Energy-General

Higher Oil Prices Could Spark A Bull Run For Tesla

Mar 11, 2022 at 12:58 | City A.M

Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron…

The Iran Nuclear Deal Just Hit Yet Another Roadblock

Mar 11, 2022 at 12:56 | RFE/RL staff

The European Union's foreign policy chief says the final text of an agreement to revive a landmark nuclear accord between Iran and world powers is "essentially ready and…

Russia's Ukraine Invasion Is Bad News For China’s Belt And Road Ambitions

Mar 11, 2022 at 12:53 | Eurasianet

Since the start of Russia’s invasion of Ukraine, China has said all the right things in support of Russia, its professed strategic partner. Chinese officials have faithfully repeated…

Supply Uncertainty Keeps Oil Markets On Edge

Mar 11, 2022 at 12:14 | Tom Kool

Oil prices tumbled at the start of this week as fears of a major supply crunch were alleviated somewhat. Upward pressure remains, however, with geopolitical risks mounting and a nuclear…

Oil Prices Ease As U.S. Rig Count Jumps

Mar 11, 2022 at 12:08 | Julianne Geiger

The number of total active drilling rigs in the United States rose by 13 this week as WTI trades near $109 per barrel. The total rig count rose to 663…

50 Minerals Critical To U.S. Security

Mar 11, 2022 at 11:13 | ZeroHedge

The U.S. aims to cut its greenhouse gas emissions in half by 2030 as part of its commitment to tackling climate change, but might be lacking the critical minerals needed to…

Credit Suisse To Halve Fossil Fuel Funding

Mar 11, 2022 at 10:03 | Charles Kennedy

Swiss banking major Credit Suisse plans to slash its exposure to the fossil fuel industry by half by 2030. The bank said, as quoted by Reuters, it had already…

There Is No Short Term Fix For Oil Price Volatility

Mar 10, 2022 at 16:00 | Tsvetana Paraskova

Russia’s invasion of Ukraine has caused some of the most volatile days in the history of oil markets and that volatility isn’t going anywhere. The war in Ukraine…

These Emerging Markets Are Looking To Bolster Electric Vehicle Production

Mar 10, 2022 at 12:18 | Oxford Business Group

As demand for environmentally sustainable transport grows, a number of emerging markets are ramping up their efforts to incentivize the sale and production of electric vehicles (EVs).

China Plans To Take Advantage Of The Big Oil Exodus From Russia

Mar 10, 2022 at 12:08 | Irina Slav

Amid an exodus of Western European and U.S. companies from Russia, Chinese businesses are seeking to take their place, Bloomberg reported this week, citing unnamed sources in the…

Here’s How Biden Could Bring Oil Prices Down

Mar 10, 2022 at 11:47 | Robert Rapier

If you have ever wondered what it would be like if a major oil-producing country suddenly went offline, you are getting a preview of that now. I am…

The End Of The Global Economy As We Know It

Mar 10, 2022 at 11:28 | Kurt Cobb

At the beginning of nearly every war, including the current one in Ukraine, there…

Ukraine Crisis Could Send Coal Prices To $500

Mar 10, 2022 at 10:18 | Rystad Energy

Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.…

Russia Halts Exports Of Over 200 Products But Excludes Energy

Mar 10, 2022 at 09:43 | Tsvetana Paraskova

Russia said on Thursday that it was suspending, until the end of this year, exports of more than 200 products, including technological and…

Russia’s Invasion Leaves Global Coal Markets In Turmoil

Mar 09, 2022 at 14:52 | Gerald Jansen

Just as oil prices soared above $115 per barrel and European gas prices moved up to $60 per mmBtu, coal markets have been suffering through some turmoil of…

The Geopolitical Backdrop Of Russia’s Invasion Of Ukraine

Mar 09, 2022 at 13:36 | Serge Mazodila

After months of military build-up on the Ukrainian border, tensions between Russia and the West exploded in late February 2022 when Russia invaded Ukraine, a move that has…

U.S. Oil & Gas Association President: “Cut The Crap And Approve Our Permits”

Mar 09, 2022 at 12:52 | ZeroHedge

On March 8, while President Joe Biden announced a ban on Russian oil and gas imports, regular gasoline at one BP…

OPEC+ Raises Oil Production By Most In 7 Months

Mar 09, 2022 at 11:09 | Julianne Geiger

OPEC+ has found itself in the crosshairs of the global oil industry with its repeated failure to produce to its increasing oil production quota. But for February, the OPEC+ group…

China Asks State-Owned Refiners To Halt Gasoline, Diesel Exports

Mar 09, 2022 at 08:38 | Tsvetana Paraskova

Chinese authorities have asked state refiners in the country to consider halting diesel and gasoline exports next month due to heightened concerns about oil supply after Russia invaded Ukraine, Reuters…

UAE, Saudi Arabia Decline Talks With Biden Amid Oil Price Surge

Mar 09, 2022 at 08:05 | Irina Slav

The United Arab Emirates and Saudi Arabia have declined calls with President Biden as the latter seeks to drum up further support for sanctions against Russia, the Wall Street Journal…

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