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Energy

China Draws From Stockpiles Again As Refiners Demand More Crude

Dec 16, 2021 at 13:05 | Tsvetana Paraskova

Driven by high refinery throughput, China likely drew crude oil from its commercial and strategic inventories in November, according to estimates from Reuters columnist Clyde Russell. Chinese crude imports…

Oil Price Volatility Is Threatening Brazil’s Economic Recovery

Dec 16, 2021 at 12:48 | Matthew Smith

Latin America’s largest economy and oil producer Brazil has been hit hard by soaring inflation which along with rising political unrest is threatening its economic recovery. By October…

Commodity ETFs See Massive Inflows As Inflation Fears Grow

Dec 16, 2021 at 11:30 | Metal Miner

You cannot turn on the TV or read a news feed without hearing dire warnings of surging inflation. The U.S. Consumer Price Index rose 6.8% year…

Three Risks All Investors Need To Consider In 2022

Dec 16, 2021 at 11:06 | Michael Kern

With the current trading year drawing to a close, experts are already making forecasts about the coming year largely based on the trends that have defined the current…

Green Finance Is Fueling The ESG Boom

Dec 16, 2021 at 10:56 | Oxford Business Group

In a year in which significant political efforts have been made to speed up the energy transition, 2021 has also been record-breaking for green finance, as governments, international…

How Will Shell’s New Home Impact Its Share Price?

Dec 16, 2021 at 10:46 | Felicity Bradstock

Oil supermajor Shell is facing some big changes in its future as stakeholders approve the long-talked-about move from the Netherlands to the U.K. This follows months of controversy…

Jet Fuel Continues To Hold Back Crude Demand Recovery

Dec 16, 2021 at 10:38 | Tsvetana Paraskova

Global demand for oil products other than jet fuel made a full recovery to pre-crisis levels in the third quarter of this year, thanks to the strong recovery of oil…

Climate Change Is Threatening 40% Of All Global Oil And Gas Reserves

Dec 16, 2021 at 09:34 | Irina Slav

Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new…

Half Of U.S. Oil Pipelines Sit Empty

Dec 16, 2021 at 08:51 | Charles Kennedy

Half of all crude oil pipelines across the United States are not being utilized amid lower fossil fuel production following the outbreak of the global coronavirus pandemic, energy consultancy Wood…

China Tightens Its Grip On Qatar With New LNG Contract

Dec 15, 2021 at 12:10 | Simon Watkins

Another new long-term contract for Qatar to supply China with liquefied natural gas (LNG) was signed last week, this time between QatarEnergy and Guangdong Energy Group Natural Gas…

Was OPEC Right About Oil Markets?

Dec 15, 2021 at 11:44 | Alex Kimani

Just a week ago, oil markets were looking to hit this year's finishing line on a winning note as oil prices put up a respectable rally thanks to…

What Is Energy Equity And Why Is It So Important?

Dec 15, 2021 at 11:40 | Leonard Hyman & William Tilles

“Energy equity” sounds like a cross between a financial engineering concept and a new social entitlement program like Medicare. But to us, it is a concept that we…

The White House Just Put The Oil Export Ban Rumor To Rest

Dec 15, 2021 at 11:33 | Irina Slav

When Democratic Congressman Ro Khanna told media the White House was considering an export ban on crude oil, West Texas Intermediate was trading above $80 per barrel, gas…

U.S. Onshore Gas Flaring Falls To Lowest Level Since 2012

Dec 15, 2021 at 11:23 | Rystad Energy

Onshore gas flaring in the US nosedived in the third quarter of 2021, falling to its lowest level since at least 2012*, a Rystad Energy analysis shows. Flaring…

Russia Puts The Blame On Europe As Energy Crisis Worsens

Dec 15, 2021 at 11:13 | Tsvetana Paraskova

The European Union (EU) is reportedly reconsidering its position on extending long-term natural gas contracts beyond 2049 as part of reforms in its natural gas market to meet…

Almost All Of Russia’s Oil Could Become “Hard-To-Recover” In The Coming Years

Dec 15, 2021 at 11:10 | Felicity Bradstock

Russia does not appear to be backing down from its oil and gas commitments, with speculation over new partnerships with India, as well as plans to up its…

Alberta's Non-Mining Oil Production Soars To Record High

Dec 15, 2021 at 10:59 | Rystad Energy

Oil production from non-mining processes in the Canadian province of Alberta hit an all-time high in October 2021, averaging 2.27 million barrels per day (bpd), marginally topping the…

Brent To Fall To $70 In 2022 As Supply Overtakes Demand

Dec 15, 2021 at 10:37 | Tsvetana Paraskova

The international crude oil benchmark Brent is set to drop to $70 per barrel on the back of an expected oversupply of oil in the first quarter of 2022, Commerzbank…

Oil Rebounds On Large Crude Draw

Dec 15, 2021 at 09:45 | Irina Slav

Crude oil prices recovered somewhat on Wednesday morning after the Energy Information Administration reported an inventory draw of 4.6 million barrels for the week to December 10. At 428.3 million…

European Gas Prices Soar On Nord Stream 2 Block In Germany

Dec 15, 2021 at 09:06 | Irina Slav

Natural gas prices in Europe soared higher after Germany indicated this week it had no intention of approving the Nord Stream 2 gas pipeline project before requirements under German…

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