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Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally

Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally

TotalEnergies CEO Pouyanne has predicted…

Energy / Energy-General

Even OPEC Thinks Oil Prices Are Too High

Feb 15, 2022 at 11:20 | Irina Slav

Yesterday, West Texas Intermediate touched $95 per barrel for the first time in years, and Brent briefly traded above $96 per barrel. Expectations…

Oil Prices Fall Back But Bullish Sentiment Remains

Feb 15, 2022 at 11:02 | Josh Owens

Oilprice Alert: InnerCircle members will receive the next private placement intelligence letter on Wednesday next week. Tap into a secret world of wealth and receive our 50-page…

Workers Threaten To Close 200,000-Bpd Libyan Oil Export Terminal

Feb 15, 2022 at 10:46 | Tsvetana Paraskova

Oil workers threaten to shut down at the end of February an oil export terminal in eastern Libya, which typically ships out nearly 200,000 barrels per day (bpd) of crude…

Ransomware Gang Targets U.S. Critical Infrastructure

Feb 15, 2022 at 09:47 | Charles Kennedy

A ransomware gang is targeting U.S. critical infrastructure, the FBI has warned, adding the group, dubbed BlackByte, has so far targeted government facilities, financial services, and food and agriculture…

Oil Tanks After Russia Pulls Troops From Ukrainian Border

Feb 15, 2022 at 08:58 | Tsvetana Paraskova

Oil prices slumped early on Tuesday after Russia said some troops are returning to bases, which the market interpreted as a possible sign of de-escalation of the tension following several…

Energy Stocks Are Still Undervalued Despite Massive Oil Price Rally

Feb 14, 2022 at 13:11 | Alex Kimani

Just as the push toward $100/bbl oil seemed to be losing steam, reports on Friday that the United States believes Russia's Vladimir Putin could invade…

Russia And China Ink Huge Oil Deals As Ukraine Tensions Soar

Feb 14, 2022 at 12:43 | Simon Watkins

At around the same time as Russian President, Vladimir Putin, had his first in-person meeting with his Chinese counterpart, Xi Jinping, for nearly two years – at the…

Europe’s Winter Of Discontent Isn’t Over Yet

Feb 14, 2022 at 12:33 | David Blackmon

The devastating consequences stemming from 20 years of counterproductive government policies related to energy are coming home to roost across the European continent this winter. Everywhere you look, there is…

Traders Turn To Oil And Commodities As Inflation Spikes

Feb 14, 2022 at 12:30 | Alex Kimani

After a torrid run, oil has barely managed to squeak out a second week of gains in a volatile session as risk-off sentiment spreads in broader markets. Predictably,…

Bumper Profits Are Sparking A Backlash Against Big Oil

Feb 14, 2022 at 12:26 | Tsvetana Paraskova

International oil companies - many of which are reinventing themselves as energy firms in order to remain relevant during a global energy transition - now face growing pressure…

Mining Stocks Are Set For An Incredible Decade

Feb 14, 2022 at 12:25 | Irina Slav

Back in January, McKinsey published a report titled “What are the six key characteristics of the net-zero transition?” In it, the consultancy estimated that expenditure on the energy…

Did Environmentalists Just Undermine Big Oil’s Carbon Capture Efforts?

Feb 14, 2022 at 12:22 | Haley Zaremba

When it comes to debates around global warming, the communication breakdown often occurs between two essential camps: the idealists and the pragmatists. Yes, we all know that in…

IEA Calls On OPEC+ To Boost Production To Targets

Feb 14, 2022 at 11:48 | Tsvetana Paraskova

OPEC+ producers need to pump more oil to close the widening gap between nameplate production quotas and actual output, the executive director of the International Energy Agency (IEA), Fatih Birol,…

U.S. Gasoline Demand And Prices Jump

Feb 14, 2022 at 10:49 | Tsvetana Paraskova

As winter storms across the United States eased, gasoline demand jumped last week to stand at 1.8 percent above the four-week rolling average, according to data from for fuel-savings app…

U.S. Rig Count See Massive Climb On Higher Oil Prices

Feb 11, 2022 at 12:12 | Julianne Geiger

The number of active drilling rigs in the United States rose by 22 this week—the 16th straight weekly increase to the number of oil and gas rigs in the United…

OPEC Production Problems Push Oil Prices Higher

Feb 11, 2022 at 11:38 | Josh Owens

News of an 'imminent' nuclear deal with Iran sent oil prices lower this week, but the reality of OPEC underproduction soon shifted sentiment and sent prices higher on Friday.

China-CELAC Agreement Could Bolster Infrastructure Development In Latin America

Feb 11, 2022 at 11:02 | Oxford Business Group

A number of Latin American and Caribbean countries have strengthened their ties with China after signing a wide-ranging economic and political agreement. In December the Community…

Cutting Russia’s Oil Flow To Europe Would Be A Disaster

Feb 11, 2022 at 10:57 | Tsvetana Paraskova

The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe. While most of the talk and headlines focus…

The European Energy Crisis Was Inevitable

Feb 11, 2022 at 10:32 | Haley Zaremba

Europe is in the midst of an energy crisis that is about to get much, much worse if war breaks out between Russia and Ukraine. Russia is the…

Canadian Oil Exports To U.S. At Record Level

Feb 11, 2022 at 09:44 | Charles Kennedy

Canadian oil producers are exporting crude to the U.S. at record rates, Reuters has reported, adding that demand for the heavy, sour crude that Canada is producing is surging.…

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