Brent slumped to $70 on…
The energy sector has been…
Failure to agree on a price cap for Russian oil will push international prices higher, a U.S. government official has warned, adding that the cap would need to be accompanied…
The UK’s Competition and Markets Authority (CMA) launched on Friday an in-depth market study of the domestic road fuel market after finding “cause for concern” in a rising gap…
U.S. Treasury Secretary Janet Yellen will seek support for the U.S. idea of capping Russian export crude oil prices during an upcoming visit to Asia next week, the Associated Press…
For the second day in a row, oil and gas stocks emerged as the worst-performing S&P sector as U.S. crude oil futures settled…
Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled with concerns over…
My columns tend to generate a lot of “passionate” responses from viewers. I try to correct misconceptions, as well as false statements and beliefs about the energy industry.…
I don’t know who needs to hear this, but it seems like the vast majority of the country — including many politicians — still suffer from…
It's not about the oil. This is what President Biden has said about its upcoming visit to the Middle East and, more specifically,…
Oil prices started the month of July rising by 2% early on Friday, rebounding from Thursday’s losses after Libya declared force majeure on more crude export terminals, adding further concerns…
The past few weeks have been a disaster for oil bulls after energy stocks posted their worst performance since the start of the pandemic
As fears of a global recession deepen, oil prices may end the week with the first five-day consecutive losses since April, Bloomberg has reported, also noting the Fed’s intention to…
Last week, we presented a bear case for the energy sector based on the premise that oil and gas stocks could be in…
Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had peaked at…
Two banks—Citi and Barclays—raised their oil price forecasts on Monday, citing the effects of Russian crude oil sanctions and delays in the renewal of the Iran nuclear deal—without which there…
Oil prices were slightly down early on Monday after Russia fired missiles on the Ukrainian capital Kyiv for the first time in weeks while the battle in eastern Ukraine rages…
Russia expects to receive as much as $6.37 billion in additional oil and gas revenues in June, its finance ministry said on Friday, as energy commodity prices have rallied since…
Brent crude, trading Wednesday at over $116 per barrel, should be closer to $70, according to Citi’s global head of commodity research, Ed Morse, in an interview with…
Oil prices rose early on Wednesday as China’s financial hub Shanghai reopened after a two-month strict lockdown, giving hope to oil bulls that Chinese fuel demand will rebound, while fuel…
Brent crude oil reached $120 per barrel on Memorial Day—the official kickoff of the summer driving season in the United States. The Brent Crude July contract was…
Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our…