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Oil Prices Crash As Covid Does What Biden Couldn’t

Oil Prices Crash As Covid Does What Biden Couldn’t

Renewed Covid fears have managed…

Americans Blame High Gas Prices For “Bad Economy”

Americans Blame High Gas Prices For “Bad Economy”

Some 64 percent of respondents…

China Prepares To Release Oil From Strategic Reserve

China Prepares To Release Oil From Strategic Reserve

Following a virtual meeting between…


U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade

Nov 29, 2021 at 11:28 | Tsvetana Paraskova

Recent legislation and last week’s announcement of a release of 50 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) could see America’s strategic stockpiles…

$70 Oil Won't Keep OPEC Happy

Nov 29, 2021 at 10:52 | Irina Slav

One day—that was all it took oil prices to plunge by more than a tenth after health authorities announced the identification of the latest potentially dangerous coronavirus variant…

What Happens If Europe Runs Out Of Gas?

Nov 29, 2021 at 10:48 | Tsvetana Paraskova

The real test of Europe's energy supply is here. As temperatures have started dropping on the continent in recent days, power prices spiked again, and the natural gas…

Which Is The Best Shale Giant To Buy This Christmas?

Nov 29, 2021 at 10:46 | Editorial Dept

These monthly 'Intelligent Investor' deep dives into high-value energy stocks are now included in all Global Energy Alert subscriptions. If you aren't already…

Biden Is Growing Increasingly Desperate To Curb Gasoline Prices

Nov 29, 2021 at 10:44 | Robert Rapier

Last week a friend from Uganda told me that gasoline prices have risen by 50% there. I asked him who the people blame. “Our President.” So, there you…

Mandate vs. Choice: The Debate Is Heating Up Over Electric Vehicle Policy

Nov 29, 2021 at 10:37 | Felicity Bradstock

With this week’s announcement in the U.K. that all new homes in the country will be required to have an EV charging point as part of the country’s…

Oil Prices Bounce Back After ‘Black Friday’ Collapse

Nov 29, 2021 at 10:02 | Charles Kennedy

Oil prices gained over 5% early on Monday, as traders were assessing the threat to demand from the Omicron Covid variant and the potential pause of monthly increases in production…

Iran Plans To Boost Oil Production To 5 Million Bpd

Nov 29, 2021 at 09:28 | Irina Slav

Iran has not given up on plans to boost its oil production to more than 5 million barrels per day despite the lack of progress on nuclear talks, Bloomberg

Morgan Stanley Slashes Oil Price Forecast On Omicron Fears

Nov 29, 2021 at 09:10 | Tsvetana Paraskova

The oil market expects that the Omicron variant of the coronavirus could dampen oil demand in coming weeks, Morgan Stanley said on Monday, slashing its Brent price forecast for the…

Norway’s Oil Boom Is Only Just Beginning 

Nov 26, 2021 at 13:10 | Felicity Bradstock

Norway’s oil and gas production is at an all-time high, bouncing back solidly from a year of pandemic restrictions and curbs on production. Norwegian firm Equinor is running…

Biden’s Blunder Could Send Oil Prices To $100

Nov 26, 2021 at 12:55 | Irina Slav

When President Biden announced earlier this week that the federal government would be releasing 50 million barrels of crude from the strategic petroleum…

Oil Nations Are Selling Billions In Green Bonds

Nov 26, 2021 at 12:40 | Alex Kimani

Not too long ago, green investing was associated with a warm moral glow, but it wasn’t mainstream--not by a long shot. Increasing climate awareness, a growing shift in…

U.S. Rig Count Climbs As Oil Prices Crash

Nov 26, 2021 at 12:16 | Julianne Geiger

Drilling activity in the United States continues to pick up, according to Baker Hughes, with a 6-rig rise to the number of active drilling rigs this week, according to

Oil Prices Crash As Covid Does What Biden Couldn’t

Nov 26, 2021 at 12:07 | Tom Kool

Renewed Covid fears have managed to do what Biden couldn't, sending oil prices crashing as a new wave of demand destruction looms.

Oil Prices Collapse To $69 On New COVID Fears

Nov 26, 2021 at 11:45 | Julianne Geiger

There was never really a good reason for Saudi Arabia to comply with the wishes of U.S. President Joe Biden to increase oil production to lower prices for…

Oil Prices Crash On New Covid Fears

Nov 26, 2021 at 11:08 | Editorial Dept

U.S. West Texas Intermediate crude oil futures plunged on Friday as the discovery of a new and possibly vaccine-resistant coronavirus variant spooked investors, raising concerns over potential demand destruction and…

Will Rivian Become The Next Tesla?

Nov 26, 2021 at 10:57 | Alex Kimani

On November 10, San Jose, California-based electric vehicle maker Rivian Automotive Inc. (NASDAQ:RIVN) became the latest name to join the ever-growing list of EV…

The Electric Vehicle Charging Market Could Be Worth As Much As $1.6 Trillion

Nov 26, 2021 at 09:46 | City A.M

Sales of electric vehicles (EVs) have been remarkably strong recently. In the 12 months to June 2021, sales of EVs were more than 160% higher than in the…

Green Fintech Is A New Trend Investors Can’t Ignore

Nov 26, 2021 at 09:40 | Michael Kern

Back in 2019, Goldman Sachs made waves after becoming the first mainstream Wall Street bank to renounce fossil fuel investments. GS said it would cease financing…

Canada's Ambitious New Plan To Save Its Oil Sands

Nov 26, 2021 at 09:36 | Felicity Bradstock

In Canada, a renewable energy trend could lend itself to the oil and gas industry, with the potential for geothermal energy to help oil sands to thrive for…

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