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Inflation Fears Keep Oil Prices Suppressed

Inflation Fears Keep Oil Prices Suppressed

The week began positively with…

Oil Ticks Higher on Inventory Draw

Oil Ticks Higher on Inventory Draw

Crude oil prices moved higher…

Energy

Is $100 Oil On The Horizon?

Jan 20, 2022 at 11:31 | City A.M

OANDA’s senior analyst Craig Erlam has told City A.M. that oil prices could reach $100 per barrel during the first quarter, following intense rallies…

Nuclear Energy Investments Are Set To Soar

Jan 20, 2022 at 11:30 | Rystad Energy

Nuclear power can be a polarizing energy source, but as countries seek greener, low-carbon alternatives to fossil fuels, investments in nuclear are projected to soar in the coming…

What’s Next For The Electric Vehicle Revolution?

Jan 20, 2022 at 11:27 | Felicity Bradstock

Around the world EV sales shot up throughout 2021 as we faced global oil price increases as well as petrol and diesel shortages. When combined with government mandates…

In Rare Move, China Discloses Oil Imports From Iran

Jan 20, 2022 at 10:58 | Tsvetana Paraskova

For the first time in a year, the world’s largest oil importer, China, publicly disclosed data showing it had imported crude oil from Iran, despite the U.S. sanctions on Iranian…

Oil Prices Move Higher On Small Crude Inventory Build

Jan 20, 2022 at 10:09 | Irina Slav

Crude oil prices rose today after the U.S. Energy Information Administration reported a modest inventory build of 500,000 barrels for the week to January 14. This compared with…

Buffett Eyes Largest Wind Power Project Ever In U.S.

Jan 20, 2022 at 09:07 | Charles Kennedy

Warren Buffett’s investment firm Berkshire Hathaway has proposed a plan for a renewable energy project comprising wind and solar power that would cost $3.9 billion to build. The Wind…

Asian Refiners Underwhelmed By Middle Eastern Oil Prices

Jan 19, 2022 at 13:21 | Gerald Jansen

Expectation is the root of all heartache, a proverb that resonates particularly well with Asian refiners at the moment after yet another set of monthly OSPs failed to…

Four Stocks To Watch As U.S. Shale Production Struggles

Jan 19, 2022 at 12:32 | David Messler

The signs are emerging that the era of cheap and widely available energy is drawing to a close. Around the world, people are…

The New Superpowers In Global LNG Markets

Jan 19, 2022 at 12:15 | Alex Kimani

The 60-year liquefied natural gas industry has a new hierarchy in place, and it's opening up new trading opportunities. For the first time ever, the United States has…

What Do Drone Attacks Mean For The Iran Nuclear Talks?

Jan 19, 2022 at 12:10 | Tsvetana Paraskova

The latest Houthi attack in the Middle East - deadly drone strikes on targets in the United Arab Emirates (UAE) on Monday - has shifted the attention of…

Energy Storage Could Emerge As The Hottest Market Of 2022

Jan 19, 2022 at 12:10 | Irina Slav

A few years ago, battery energy storage began drawing attention as what one industry executive at the time called the Holy Grail of renewable energy. In the years…

Eastern Europe Has A Bitcoin Problem

Jan 19, 2022 at 12:06 | Haley Zaremba

As Europe remains in the grips of an energy crisis caused by sky-high demand for liquefied natural gas, a tight global energy supply, and Putin keeping the pipelines…

Bank Of America Predicts Tesla Market Share Will Collapse In Next Few Years

Jan 19, 2022 at 11:50 | ZeroHedge

One of the big investment banks is offering a "reality check" about Tesla's market share that one might not expect from a firm likely trying to win investment banking business…

White House Ready To Deploy "Tools" For Oil Price Control

Jan 19, 2022 at 10:43 | Irina Slav

The Biden administration stands ready to deploy its tools to address the latest increase in oil prices, a spokeswoman for the National Security Council said this week. "We continue to…

IEA Turns Bullish On Oil, Raises Demand Growth Forecast

Jan 19, 2022 at 09:32 | Tsvetana Paraskova

Global oil demand defied gloomy expectations from a month ago to withstand the Omicron wave with much less disruption than expected, the International Energy Agency (IEA) said on Wednesday, raising…

Permian Oil Output Hits Record

Jan 19, 2022 at 09:03 | Irina Slav

Crude oil production in the Permian shale play reached a record-high last month, averaging 4.92 million bpd, the Energy Information Administration reported in the latest edition of its Drilling…

Drone Attacks And Invasion Fears Send Oil Prices Soaring

Jan 18, 2022 at 11:40 | Tom Kool

The geopolitical risk premium is soaring as fears of Russia invading Ukraine combine with recent reports of a Houthi drone attack on the UAE.

Tight Physical Crude Market Points To Higher Oil Prices

Jan 18, 2022 at 11:03 | Tsvetana Paraskova

Prices of physical crude cargoes have rallied this year, signaling resilient global oil demand even in the face of record-high COVID cases in the Omicron wave. Crude grades…

The Worst Is Yet To Come For UK Households As Energy Prices Soar

Jan 18, 2022 at 10:55 | Irina Slav

When in December the UK government discussed raising a ceiling on household power utility bills, a warning immediately ensued, stating that such a move would throw millions into…

Will America Ever Be Able To Challenge China’s Lithium Battery Dominance?

Jan 18, 2022 at 10:53 | Robert Rapier

In the early days of the oil industry, the U.S. quickly established dominance as the world’s most important producer and consumer of petroleum. But over time, depletion in…

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