The week began positively with…
Citi has forecast that oil…
Crude oil prices moved higher…
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 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…
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…
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…
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…
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…
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…
The signs are emerging that the era of cheap and widely available energy is drawing to a close. Around the world, people are…
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…
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…
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…
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…
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…
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…
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…
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…
The geopolitical risk premium is soaring as fears of Russia invading Ukraine combine with recent reports of a Houthi drone attack on the UAE.
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…
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…
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…