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Gasoline Draw Sends Oil Prices Higher

Energy / Energy-General

Russian Military Failures Are A Disaster For Putin

Sep 16, 2022 at 07:13 | Editorial Dept

Russia is failing on the battlefield in Ukraine, and while fighting in Ukraine is but one aspect of Putin’s war with the West, Russia's president is losing face…

The EU Plan To Curb Energy Prices May Not Be Aggressive Enough

Sep 16, 2022 at 07:03 | Tsvetana Paraskova

This week's proposals from the European Commission to reduce soaring energy prices and help households and businesses through the crisis are not enough, several European industry associations say.   On…

Oil Prices Are On Track For A Third Consecutive Week Of Losses

Sep 16, 2022 at 01:15 | Irina Slav

Crude oil is about to book its third consecutive week of losses despite several spikes as worry about demand remains stronger than worry about supply. A strong dollar also pressured…

3 Strong Buys In The Oil Patch

Sep 15, 2022 at 14:55 | Alex Kimani

The oil market is currently going through another rough patch as investors continue to grapple with inflationary, recessionary and demand fears. Oil prices have continued their weeks’-old downtrend…

Here's Why Toyota Isn't Going All-In On Electric Vehicles

Sep 15, 2022 at 09:58 | ZeroHedge

While many automakers have committed billions of dollars in recent years to develop all-electric vehicles, Toyota has approached the technology with far more caution - opting instead to…

The Record-Breaking U.S. Battery Boom Is Set To Slow

Sep 15, 2022 at 09:48 | Irina Slav

Battery storage additions in the United States broke a record in the second quarter of the year, topping 2.6 GW in the latest sign the energy transition in…

The U.S. Does Not Plan To Refill Its SPR With Sub-$80 Oil 

Sep 15, 2022 at 07:57 | Tsvetana Paraskova

The U.S. Administration will not rush into buying crude to refill the Strategic Petroleum Reserve (SPR), and purchase plans don’t contain any oil price below which the Administration will start…

A Price Cap On Russian Oil Could Cause A Supply Catastrophe 

Sep 15, 2022 at 07:01 | Tsvetana Paraskova

The G7-led idea of putting a price cap on Russian oil may look brilliant in theory, but it would likely be very messy in practice, potentially sending oil…

U.S. Oil And Gas Producers Can’t Save Europe This Winter

Sep 15, 2022 at 06:25 | Tsvetana Paraskova

U.S. oil and gas producers cannot ramp up current production levels too much in the short term to offset an expected drop in Russian oil supply when the EU embargo…

High Energy Prices Send Japan’s Trade Deficit Soaring

Sep 15, 2022 at 01:21 | Irina Slav

Higher energy prices coupled with a sharp drop in the value of the yen pushed Japan’s trade deficit last month to a record $19.7 billion. August was the thirteenth month…

IEA: Russian Crude Ban Will Take 2.4 Million Bpd Off The Market

Sep 14, 2022 at 10:54 | Charles Kennedy

As the European Union prepares to implement a ban on Russian seaborne crude in December, the market will have to prepare itself for a loss of 2.4 million…

The Energy Market’s Next Crisis: Oil Tanker Shortages

Sep 14, 2022 at 08:23 | Irina Slav

In the new era of energy shortages, one aspect of the situation has tended to get overlooked: the transport of energy. Demand for tankers has been…

Water And Energy Shortages Are Fueling A Global Food Crisis

Sep 14, 2022 at 08:18 | Haley Zaremba

The Colorado River drought is so bad you can see it from space. Lake Powell and Lake Mead, which supply drinking water to millions of…

Europe Sees Wave Of Multi-Billion-Euro Renewable Energy Investments

Sep 14, 2022 at 08:15 | City A.M

In European energy, Russia’s invasion of Ukraine has defined the market so far in 2022. Gas prices have soared, exacerbating inflation. How organizations, consumers, and governments respond could…

China Could Ease Europe’s Diesel Shortage

Sep 14, 2022 at 07:38 | Tsvetana Paraskova

The tight European diesel market is set to become even tighter early next year when the EU ban on Russian seaborne oil product exports is planned to kick…

IEA Cuts Oil Demand Forecast As China’s Covid Crisis Continues

Sep 14, 2022 at 06:49 | Tsvetana Paraskova

Global oil demand is set to grow by 2 million barrels per day (bpd) this year, the International Energy Agency (IEA) said on Wednesday, revising down its growth estimate by…

Analysts May Have Overhyped America’s Largest Oil Basin

Sep 14, 2022 at 02:59 | Tsvetana Paraskova

Current forecasts of U.S. crude oil production growth may have to be significantly revised as the recent slide in active drilling rigs in the top shale basin, the Permian, suggests…

Lights Out On The Eiffel Tower: Europe’s Latest Energy Saving Scheme

Sep 14, 2022 at 01:40 | Charles Kennedy

Lights at the Eiffel Tower will be turned off several hours earlier than usual in a bid to save energy, the Mayor of Paris has said, as the capital…

Wall Street Is Increasingly Bullish On Energy Stocks

Sep 13, 2022 at 13:47 | Tsvetana Paraskova

Oil and gas stocks, the top performing equities in the S&P 500 index so far this year, have further room to rise as both retail and portfolio investors…

Do Falling Gas Prices Signal An End To U.S. Inflation Spiral?

Sep 13, 2022 at 12:52 | Alex Kimani

After hitting multi-decade highs in recent months, erstwhile stubbornly high inflation in the U.S. has begun to ease and is showing signs of returning to somewhat normal levels…

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