A global supply shortage and…
Russia’s war has highlighted vulnerabilities…
The Biden Administration will purchase…
The success of Norway’s sovereign wealth fund has encouraged other oil-rich nations to follow in its footsteps by developing their own national funds from energy revenues. Countries across…
Crude oil prices shot up more than 3% on Friday in mid-day trade, with the WTI front-month contract reaching $109.80 per barrel—erasing losses from earlier in the…
U.S. West Texas Intermediate crude oil futures are trading slightly higher on Friday but are still in a position to post its first weekly loss in three weeks as mixed…
1. Soaring Production Costs Stoke Fears of US Shale Slowdown- Just as US shale producers…
Politics, Geopolitics & Conflict On the natural gas front, tit-for-tat measures between Ukraine, the European Union, and Russia led to a reduction in Russian natural gas to Europe this week,…
Two months ago, in these very pages, I wrote that I had abandoned my long-term holdings in Tesla (TSLA) and viewed it once again as a trading instrument rather than…
Let the second annexation begin … but it won’t go down like Crimea. In a rehashing of the events that led to Russia’s annexation of Crimea…
Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum Corporation (NYSE: OXY) this week, bringing its stake to 15.3% in a move that could be seen as Buffett…
The euro could dip below the value of the U.S. dollar as the Eurozone's economy could be hit with rationing if Russia completely stops gas supplies to Europe, according to…
Russia’s crude oil production could drop to its lowest level since 2004 if the EU imposes an embargo on imports of Russian oil, according to estimates from the International Energy…
Once upon a time, Big Tech stocks were all the rage on Wall Street, with investors bidding them up to crazy heights. To wit, the famous quintuple of…
It has been a difficult start to the year for crypto markets and, as prices have plunged, the industry’s energy consumption has come back into the spotlight. Crypto…
OPEC continues to undershoot its oil production target in the OPEC+ deal, failing in April to boost output as much as required by the agreement. All 13 members of OPEC…
Europe's top oil firms reported blowout earnings for the first quarter as oil and gas prices spiked with the European energy crisis and the Russian invasion of Ukraine. …
The UK has bucked the pan-European trend of soaring wholesale gas prices as shipments of liquefied natural gas have alleviated a shortage that squeezed prices higher last year…
According to draft proposals obtained by the Financial Times, the European Union is set to ease environmental regulations to replace Russian fossil fuels…
Slower global economic growth, China’s fight against COVID, and the Russian invasion of Ukraine prompted OPEC to slash for a second month running its global oil demand growth estimate for…
Germany will be able to withstand a halt of Russian natural gas supplies as long as it manages to fill up its gas storage, Economy Minister Robert Habeck told German…
The price of gasoline in the U.S. hit an all-time high on Tuesday as the national average spiked $0.17/gallon from last week to $4.37/gallon
If the U.S. passes the NOPEC bill, a bill designed to pave the way for lawsuits against OPEC members for market manipulation, the oil market could face even…