Ignoring the transportation evolution to…
Spy dens across Europe are…
The oil market is set for a deficit from August onwards, even after OPEC+ eases the current cuts that are up for a tentative extension through July, Rystad Energy analysts…
The recent move by China to pass a national security law in Hong Kong has reignited tensions between Washington and Beijing. Those tensions are now threatening over $52 billion in…
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 17, falling to 284, with the total oil and…
This morning’s U.S. employment report was, I think, the most remarkable data release I have ever seen, at least relative to expectations. Non-farm payrolls, the number of jobs in the…
U.S. West Texas Intermediate crude oil futures are trading at their highest levels of the week on Friday and inside the price gap created on March 9 when the market…
1. Exploding distillate glut- U.S. distillate stocks are soaring, jumping from 136 million barrels in…
Politics, Geopolitics & Conflict - Following a massive 20,000-ton diesel oil spill last week in the Ambarnaya River, which eventually feeds into the Arctic Ocean, Russian President Vladimir Putin has…
As of Thursday, Libya’s Government of National Accord (GNA) was celebrating in the streets after claiming to have taken full control of Tripoli from General Haftar and his Libyan National…
European supermajors have been all but shouting about it: they are diversifying into renewable energy, and they will all be net-zero companies by 2050, in line with Paris…
The oil majors have made huge bets on plastics and petrochemicals in recent years, but those investments look increasingly shaky following the COVID-19 pandemic and economic downturn. Some economies are…
The death of coal has run hand-in-hand with the rise of renewable energy, though the real credit for killing king coal might just go to U.S. shale. Even…
BP has begun evacuating workers from three platforms in the Gulf of Mexico, shuttering production as tropical storm Cristobal approaches the area before it makes landfall in Louisiana during the…
Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund. Global temperatures have already increased by 1.1 degrees Celsius…
The advance of renewable energy and electric vehicles (EVs) has incentivized scientists to look into various ways to solve the problem with efficient energy storage, which is the…
The oil and gas industry in the United States scored a big win this week after the EPA narrowed the focus of a rule that up until now,…
Brent futures have broken above $40 for the first time since early March. Volatility continues to trend downwards, with the biweekly rolling average moving towards mean levels. Physical oil has…
Oil prices climb ahead of highly-anticipated OPEC+ meeting.
The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory…
Oil prices rose early on Tuesday as market participants hope that the OPEC+ group may decide in the coming days to roll over for a month or two the current…
Proponents of renewable energy have faced criticism for years that while wind and solar power generate clean energy, the supply chain behind the technologies used in wind tower…