Call options are currently trading…
The Kremlin has set an…
In the oil rig basins…
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…
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…
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…
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…
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…
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…
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…
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 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…
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…
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…
“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…
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…
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…
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…
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…
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…
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…
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…
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…