As earnings season kicks off,…
The American Petroleum Institute issued…
While Russia’s clearly protracted war in Ukraine will continue to cause global energy volatility and uncertainty, the market has taken its eye off a number of developments that…
Oil bulls appear to have gained the upper hand this week as China's recovery continues and both the IEA and OPEC raised their global demand forecasts.Oilprice Alert: In this…
Crude oil prices are about to end this week with another gain, driven by optimism about demand rebound in China. It was that same optimism that yesterday pushed prices to…
Windfall taxes have suddenly become quite popular. With oil and gas companies reaping record profits from the rally in energy commodity prices, governments have been unable to resist…
Russia’s current account surplus hit a record last year as imports fell with the sanctions while the value of exports surged as commodity prices soared in the wake…
Crude oil prices ticked lower today after the U.S. Energy Information Administration reported an estimated 8.4-million-barrel build in crude oil stocks for the second week of January. This compared…
Amid a challenging year for the global economy, which navigated inflation, conflict, climate-related extreme weather events and supply chain disruptions, Latin America and the Caribbean showed resilience in…
The Energy Intelligence 2023 outlook report sheds light on a very important sentiment that will guide the market this year: It’s not the energy transition or even the…
Argonne National Laboratory scientists explain upgrading the hunt for electrolytes with artificial intelligence that could enable revolutionary battery chemistries. A new paper published in…
Last year was a good year for the oil industry. Despite predictions of its looming demise as renewable energy leads to electrification that in turn leads to the…
At the start of 2023, the main U.S. oil lobby resumed calls on the Biden Administration to increase access to domestic oil and gas resources, reform the permitting…
Artificial Intelligence is increasingly becoming an essential component of the energy industry. As world leaders get more serious about meeting climate goals, the energy industry is facing the…
Electric vehicle (EV) makers are facing a conundrum due to the uncertain outlook of the EV market in 2023. On the one hand, governments worldwide are pushing for…
University of Michigan scientists developed a new kind of solar panel achieving 9% efficiency in converting water into hydrogen and oxygen – mimicking a crucial step in…
After nearly a year of gradually mounting sanctions, as major world powers cut their ties with Russia over its invasion of Ukraine, it appears that thenation is finally…
China’s reopening is set to drive global oil demand to a record high of 101.7 million barrels per day (bpd) this year, up by 1.9 million bpd from 2022, the…
Oil prices extended Tuesday’s gains into Wednesday, rising by 1% in early European trade, as market sentiment turned bullish on hopes that China’s reopening would boost demand growth and major…
In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets.
Saudi Arabia, the world’s largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told
The final deficit of the Russian federal budget for 2022 appeared to be 3.35 trillion rubles, almost $48.8 billion according to the average exchange rate during the year.…
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