The future of Iraq hangs…
The average U.S. gasoline price…
Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture…
As mentioned in the last post, the huge break in energy prices between the US and the rest of the world could explain the extreme dollar strength we…
Military delegations from Russia and Ukraine have held a face-to-face meeting in Istanbul in an attempt to break a damaging impasse over grain exports that has helped send…
US and European sanctions have led to a significant shift in the direction of Russian energy flows. Bloomberg reports diesel and other fuel…
The oil bulls are in for a rough ride as the oil price crash shows no signs of reversing. Brent and WTI crude have both tumbled below $100/bbl…
Crude oil prices retreated further today after the U.S. Energy Information Administration reported crude oil inventories had added 3.3 million barrels over the week to July 8. This compared…
Shares of solar and alternative energy providers have received a much-needed shot in the arm after news emerged that China is considering a $220B stimulus…
People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and…
Environmental, social and governance (ESG) funds in the UK have slumped below their industry peers this year as oil & gas, mining and defence stocks surge in the…
Oil traders are selling oil again as concern about the course of the global economy deepens, taking the upper hand over supply fears. Brent crude
In support of his trip to Saudi Arabia this week, President Biden penned an oped carried in the Washington Post on Saturday the…
Oil prices crashed by more than seven percent on Tuesday morning as demand destruction fears due to new lockdowns in China, soaring inflation, and a strong dollar took center stage.
The world’s biggest asset manager BlackRock said the era of steady growth and inflation was over as it revealed it had slashed its exposure to developed market equities…
Global oil demand is expected to slow down from 3.36 million bpd of growth this year to a growth of 2.7 million bpd in 2023, OPEC said on…
The global energy crunch might worsen further, the head of the International Energy Agency has warned, noting that winter in Europe will be “difficult”. “The world has never witnessed such…
In June, the European Union imported more liquefied natural gas from the United States than pipeline gas from Russia for the first time ever
I believe many of our political leaders have a comic book view of how gasoline prices are set. They envision oil companies adding up all of their input…
The COP26, held in Glasgow last year, saw participating countries pledge that they will wean themselves off coal, a promise that has seen very limited progress since. Meanwhile,…
For a second time this year, the Electric Reliability Council of Texas (ERCOT) asked Texans to conserve energy on Monday amid a heat wave, in which demand could outstrip…
Suncor, one of North America’s largest oil companies, vows to cut annual emissions by 10 megatonnes by 2030 and reach net zero by 2050. The Canadian-based oil sands company recently…