Reduced U.S. diesel consumption and…
The U.S. has been laser-focused…
U.S. shale has provided that…
After a momentous rally this year, it looks like oil prices are finally coming under pressure - with the threat of inflation dampening oil market optimism.
Despite $70 oil, U.S. shale producers are not expected to significantly raise crude production this year as they continue to be focused on disciplined capital expenditures and returning more cash…
Oil companies operating in the Gulf Coast have started evacuating employees from platforms there ahead of a tropical storm that is brewing in the Gulf. "A tropical or subtropical depression…
There are a number of observable trends in oil supplies and by extension prices, presently. I am going to discuss one of them in this article. A lack…
A decade ago, fossil fuels accounted for just over 80 percent of final energy consumption in the world. During the last ten years, renewable energy has boomed, and…
Russia’s oil and gas industry has been the driving force behind its economy ever since the first oil fields were discovered in Tsarist Russia at the end of the 19th…
Oil prices sank on Thursday as the Fed’s hawkish comments sent the dollar higher. Crude oil is down more than 1% on Thursday afternoon, with WTI falling 1.32% at $71.20…
To say that Big Oil has had some reputation management problems would be the understatement of the decade. Pressure from environmentalist organizations, regulators—and most recently, investors—has combined to…
Elon Musk has long been Bitcoin’s most high-profile advocate. His avid support for the crypto-currency has gone a long way toward shifting public perception in favor of Bitcoin…
Former banker Guillermo Lasso’s surprise victory over favored candidate leftist Andres Arauz in Ecuador’s presidential election last month established a more optimistic outlook…
The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices, Reuters has reported, citing data from the industry. “We…
The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday, Vladimir Putin’s Press Secretary Dmitry Peskov…
The energy transition should not crowd out any source of energy as all energy sources of today will be required for the foreseeable future, OPEC Secretary General Mohammad Barkindo said.…
Billionaire David Tepper, who runs hedge fund Appaloosa Management, added this week another voice to the growing chorus of analysts and investors who are bullish on oil and oil stocks.…
Oil prices rallied to their highest levels two and a half years after OPEC+ recently agreed to extend its historic production cuts. On…
Back in 2013, the world’s largest private-sector coal company, Peabody Energy (NYSE:BTU), pulled off a new trick from the ever-growing trove of corporate subterfuge. Peabody created…
Ironically, the wave of ESG investing in global energy markets may lead to much higher oil prices as a serious lack of capital expenditure on new fossil fuels…
The world’s largest oil companies are set to report next month another set of strong quarterly earnings amid significantly higher oil prices and global oil demand in the…
The growing market for paying for carbon emissions could become a larger market than the one for crude oil, according to the head of carbon trading at Trafigura, one of…
Colombia remains one of most likely candidates to stop producing oil. Not because of environmental concerns or renewables energy taking over, the reason is much more prosaic – it would…