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Will OPEC+ Extend Oil Production Cuts?

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Energy

U.S. Exchanges Eye Indian Tech And Energy As Chinese Companies Get The Boot

Dec 24, 2021 at 07:47 | ZeroHedge

The federal government is about to finally force Chinese companies to de-list from American exchanges for refusing to adhere to American accounting standards. And for the last five months since…

Energy Groups Call For Government Intervention As Power Prices Skyrocket

Dec 24, 2021 at 07:35 | City A.M

Trade Association Energy UK – which represents over 100 members – has described record wholesale gas and power prices as a “market-wide crisis” and has criticized chancellor Rishi…

U.S. Oil Rig Count Jumps Along With Crude Prices

Dec 23, 2021 at 12:31 | Charles Kennedy

The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh…

Tight Crude Inventories Push Oil Prices Back To Mid-$70s

Dec 23, 2021 at 11:47 | Tom Kool

Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports.

Commodity Traders Find Huge Arbitrage Opportunity As LNG Ships Head For Europe

Dec 23, 2021 at 10:59 | ZeroHedge

A breakneck rally in European natural gas prices continued Tuesday, catapulting the benchmark to a new record high with premiums above Asia and…

South Korea To Release 3 Million Barrels Of Oil Reserves In Early 2022

Dec 23, 2021 at 10:06 | Tsvetana Paraskova

South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nations to lower…

U.S. LNG Cargoes Flock To Europe Amid Record-High Gas Prices

Dec 23, 2021 at 09:09 | Tsvetana Paraskova

At least 30 tankers with liquefied natural gas from the United States are headed to Europe, where the gas and energy crisis has pushed regional LNG prices way above the…

Iran Guns For Top Position In Middle East Petrochemicals Market

Dec 22, 2021 at 17:47 | Simon Watkins

Now that its Guriyeh-Jask oil pipeline has been finalised, Iran’s core focus in any sanctions environment remains the ongoing development of…

Germany’s Reaction To The Energy Crisis Could Be Catastrophic

Dec 22, 2021 at 11:13 | Julianne Geiger

The European gas crisis has hogged energy headlines for months. But that hasn’t stopped Germany from retiring half of its nuclear capacity by the end of the year…

Oil Supply Crunch Could Trigger A String Of Energy Crises

Dec 22, 2021 at 11:00 | Tsvetana Paraskova

While oil markets are concerned about the immediate hit to demand from the Omicron COVID surge and a looming oversupply, officials at oil-producing countries and industry executives have…

U.S. LNG Exporters Stand To Benefit From EU Energy Crisis

Dec 22, 2021 at 10:52 | Alex Kimani

A severe shortage of natural gas, declining wind power output, nuclear outages, and cold weather have conspired to hand Europe one of its worst energy crises on record.…

Airline Executives Plead With Governments To Ease Restrictions

Dec 22, 2021 at 10:42 | Safehaven.com

Nowadays, the travel industry never seems to catch a proper break. After enduring extended downtime last year and early this year due to global lockdowns associated with the…

Coal On Track To Break Records Despite Efforts To Curb Production

Dec 22, 2021 at 10:13 | Felicity Bradstock

Coal production is set to hit an all-time high according to the International Energy Agency (IEA) despite the curbing of production across several countries and aims for decarbonization…

Oil Prices Jumps On Large Crude Draw As Markets Ignore Gasoline Build

Dec 22, 2021 at 09:42 | Julianne Geiger

Crude oil prices recovered on Wednesday morning despite word from the Energy Information Administration of an inventory draw of 4.7 million barrels for the week to December 17. At 423.6…

U.S. Crude Oil Production Saw The Biggest Drop On Record In 2020

Dec 22, 2021 at 09:05 | Tsvetana Paraskova

Slashed drilling activity and low oil prices led to the largest decline in annual average crude oil production in the United States in 2020, when output slumped by 8 percent…

5 Electric Vehicle Companies To Watch In 2022

Dec 21, 2021 at 18:18 | Michael Kern

The electric vehicle boom is in full swing…And though company valuations have already skyrocketed in the past couple of years…

Colombia May Lose Energy Independence As Crude Production Falls

Dec 21, 2021 at 12:17 | Rystad Energy

Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant part of its gross domestic product (GDP)…

Uncertainty To Dominate Oil Markets In 2022

Dec 21, 2021 at 12:16 | Tsvetana Paraskova

Following the rebound in oil and gas demand in 2021, the market is headed to 2022 with renewed uncertainties about prices, demand, and the industry’s longer-term prospects as…

Tackling One Of The Fracking Industry’s Biggest Problems

Dec 21, 2021 at 11:47 | Robert Rapier

In the previous article, I discussed some of the issues involving water and hydraulic fracturing (fracking). In a nutshell, although fracking has proven…

Oil Prices Bounce Back On Bullish News

Dec 21, 2021 at 11:45 | Tom Kool

While climbing Omicron cases have sparked fear of demand destruction, supply issues in Libya and falling U.S. oil inventories pushed prices higher.

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