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Can Venezuela Help Lower Gasoline Prices?

Can Venezuela Help Lower Gasoline Prices?

As gasoline prices soar, President…

Energy / Energy-General

Why Russia’s Economy Hasn’t Collapsed Under The Weight Of Sanctions

May 18, 2022 at 11:10 | Josh Owens

It has been nearly three months since Russia invaded Ukraine and, despite Ukraine’s remarkable resistance and the implementation of an aggressive sanctions package on Russia, there appears to…

Is The Global Debt Bubble About To Burst?

May 18, 2022 at 10:30 | Gail Tverberg

The years between 1981 and 2020 were very special years for the world economy because interest rates were generally falling:

What China’s Dramatic Drop In Energy Demand Means For Its Economy

May 18, 2022 at 10:22 | Haley Zaremba

The fallout of China’s zero COVID policy is spreading as economic downturns and social unrest intensifies across the nation. The Chinese government’s head-scratcher of a decision to eradicate…

Russia Will Force Oil Buyers To Pay More If EU Introduces Tariffs

May 18, 2022 at 09:15 | Tsvetana Paraskova

Buyers will have to pay more for oil or seek alternative supplies if the EU decides to impose import tariffs on Russia's oil, Kremlin Spokesman Dmitry Peskov said on Wednesday.…

EU Shift Away from Russian Oil And Gas To Cost $220 Billion

May 18, 2022 at 08:37 | Irina Slav

The European Union’s plan to reduce imports of Russian oil, gas, and coal to zero by 2027 will cost it some $220 billion (210 billion euros), according to a draft…

How China Is Attempting To Control Middle East Oil Chokepoints

May 17, 2022 at 13:28 | Simon Watkins

Oman occupies an extraordinarily significant geographical position in the world and thus is of equally significant political importance to the two global power blocs: the U.S. and its…

Oil Markets Are Bracing For A Slew Of Bullish News

May 17, 2022 at 12:48 | Tom Kool

Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com's

The Swiss Connection: How Russia Is Weathering Tough Sanctions

May 17, 2022 at 12:06 | Alex Kimani

A couple of weeks ago, Putin went on record calling the war in Ukraine a "tragedy" and claiming that economic sanctions imposed on…

High Gasoline And Diesel Prices Are Here To Stay

May 17, 2022 at 10:08 | Tsvetana Paraskova

U.S. gasoline and diesel prices are soaring to record highs nearly every day these days, as crude oil prices hold above $110 a barrel, the Russian invasion of…

Aramco Overtaking Apple Proves Investors Still Love Oil

May 17, 2022 at 10:07 | Irina Slav

Saudi Aramco made headlines last week when it dethroned Apple as the most valuable company in the world, hitting a market cap of…

A New Railway Could Transform Trade And Transport In The Gulf

May 17, 2022 at 10:00 | Oxford Business Group

Following delays, the long-awaited GCC Railway looks likely to be revitalized, a move that could transform trade and connectivity across the Gulf. The project was given…

Russian Oil Production Falls Almost 9% In April Amid Ukraine War

May 17, 2022 at 09:43 | Tsvetana Paraskova

Russia’s crude oil production plunged by almost 9 percent in April to average just 9.16 million barrels per day (bpd), more than 1 million below the country’s quota in the…

The Real Reason Gasoline And Diesel Prices Are So High

May 16, 2022 at 11:06 | David Messler

Oil prices are a common topic of conversation around the office water cooler these days. As you might expect, perspective matters. The folks at the Halliburton, (NYSE: HAL),…

Is Energy Security More Important Than Climate Change?

May 16, 2022 at 10:37 | Irina Slav

Europe is racing to build LNG import terminals despite setting increasingly ambitious emission reduction targets. India cannot get enough coal, and it's not the only one. And Big…

Energy Prices Soar As The UK Battles A Cost-Of-Living Crisis

May 16, 2022 at 10:34 | Tsvetana Paraskova

Soaring energy prices are hitting UK households and energy providers in a market that has realized that the cost-of-living crisis in Britain is not going away soon and…

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 | Ag 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…

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