Canada’s federal government plans to…
Climate activists express strong opposition…
Despite the global push for…
Europe’s benchmark natural gas prices slumped on Monday to the lowest level in one week after the U.S. export facility Freeport LNG resumed some operations following a shutdown due to…
Ukrainian President Volodymyr Zelensky is set to attend a UK Cabinet meeting to discuss strategies aimed at further disrupting Russian oil sales as the ongoing Russia-Ukraine conflict continues to reverberate…
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total…
So far this year, China has imported growing volumes of most of the key commodities, with the notable exception of crude oil. Chinese purchases of LNG, coal, copper, and iron…
Turkey has said it is prepared to significantly increase natural gas exports to the European Union, desperate to further wean itself off Russian gas, but it won’t be easy or…
Once one of the world’s most successful oil companies, the Mexican state-owned firm Pemex, has been falling increasingly into debt over the last decade, only surviving by pursuing…
After years of being more or less isolated from the rest of the world, U.S. benchmark natural gas prices are becoming an influential force in shaping the structure of many…
China's largest oil refining company, China Petroleum & Chemical Corp., aka Sinopec, processed 126.69 million metric tons of crude oil or 5.08 million barrels per day (bpd) in the first…
While there is plenty to be bullish about in oil markets today, rising concerns over Chinese demand are weighing on oil prices.
1. Russia Seaborne Oil Exports Plunge on OPEC+ Compliance and Higher Runs - Russia’s crude oil exports have
Politics, Geopolitics & Conflict An oil tanker struck by Houthis in the Red Sea earlier this week has exploded, leaving a 200-kilometer-long oil slick. The Liberian-flagged tanker, the Chios Lion,…
An Israeli drone strike this week along the Beirut-Damascus road on Syria’s border with Lebanon killed a key Syrian businessman who also serves as the regime’s oil supply kingpin. The…
Unless you live under a rock, you are probably aware that there was an attempt on Donald Trump’s life this week. So far, the knee-jerk reaction of many of his…
Crude oil prices demonstrated resilience this week, recovering from early losses to finish higher on Thursday. Despite conflicting economic signals globally, several key factors fueled a bullish sentiment in the…
Oil prices fell in Friday trade in Asia and were poised for a second straight weekly decline as concerns about demand more than offset falling U.S. crude inventories and rising…
Oil was trading down slightly on Thursday but largely holding onto its gains from the previous day, which saw the U.S. benchmark rally over 2.9%. American jobs data are feeding…
After electricity is restored in Houston, people may ask with respect to future electricity reliability: what’s next? Well, in Houston we would characterize Centerpoint’s response as being more or less…
In a recent OilPrice article, I argued that new demand from AI Data centers would be bullish for the natural gas market. In…
Fossil fuels will remain part of the energy mix for decades to come – if we don’t extract our own resources from the North Sea, our loss will…
In a NATO summit in Washington centered on the war in Ukraine and extending support to Kyiv, the Western military alliance also took aim at China for being…