Le Monde reports Belgium’s ports drowning…
The Biden administration plans to…
As Saudi Arabia and Russia began an all-out oil price war for market share, the shipping industry is going through a supertanker run and charter rates for very large crude…
Those with a functioning memory may have thought that last week’s decision by Saudi Arabia to maximise oil production to crash oil prices and bankrupt U.S. shale…
The recent plunge in oil prices has put the financially ravaged U.S. shale industry in the spotlight over the past week, but the market downturn will blow a hole…
It’s not just oil getting crushed right now--commodities across the board are nose-diving, including precious metals. Not even gold can maintain its safe-haven status. The only shelter right now for…
For a sector that is frequently chided for merely trying to burnish its green credentials, it appears some players are willing to put their money where their mouths are--by going…
One of the latest entrants in the heated race for higher-performance battery pack technology is a new type of solid-state battery with high energy density, half the size of a…
With all the drama around crude oil right now natural gas has moved outside the spotlight but there are some interesting developments there as well, and a lot more positive…
As the cost of a disturbed climate becomes increasingly clear, a growing number of cities, states and countries have set ambitious targets to dramatically reduce or completely eliminate carbon…
Electric utility capital expenditures (CAPEX) in the US have been rising steadily. But they are not remotely large enough to meet future industry requirements to decarbonize, harden infrastructure, modernize, digitize…
There’s no doubt about it, it has been a rough week for oil. Just days after Saudi Arabia and Russia launched a full-blown oil war, forcing prices to drop by…
Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices and even lower, oil executives said after meeting this week…
Oil prices have fallen nearly 50 percent since the start of the year and the short-term outlook isn’t looking very promising as OPEC and Russia continue to boost supply.
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are edging higher on Friday. The move is being fueled by stronger demand for risky assets after U.S. equity markets…
1. Commodities crash- The 11-year bull run for the Dow Jones came to…
Market Movers - Saudi Arabia has booked multiple VLCCs to ship its crude oil, including to the US Gulf Coast, despite having its own fleet of VLCCs. While China is…
Last week, there was an example of why setting and sticking to stops, something I frequently stress, is so important. On Friday, I wrote that it may be worth trying…
Welcome to $30 Oil, But It Could Be Lower Last week, Saudi Arabia threatened to flood the market with oil. This week, it did just that. Aramco has been ordered…
Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to 792, with the total oil and gas rigs clocking in…
Oil prices will likely remain at current depressed levels for months amid a price war and the fight for market share while the coronavirus outbreak batters oil demand, a
Oil demand has been revised downward several times since the start of the year by nearly every analyst or banking institution thanks to the devastating impact of the coronavirus. With…