In response to Iran's attack…
Despite some crude inventory builds…
Oil prices are set to…
The global oil demand recovery and a lot of spare capacity that OPEC+ has yet to bring back to the market suggest it is reasonable to expect that oil prices…
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million…
Libya’s National Oil Corporation has declared force majeure on the port of Hariga due to lack of funds for infrastructure repairs, pushing the country’s crude oil production below 1…
If you ask an oil major what the last five years have been like, they would probably have something to say about price crashes and demand destruction. If…
Is the pessimism in the fossil fuel sector overdone? Can investing in oil and gas still pay off over the long term? After years of underperformance,…
Recovering economies and increased fuel demand have helped the enormous oil glut from this time last year to shrink to levels that could be further reduced with global…
Australian lithium miners Galaxy Resources (ASX:GXY) and Orocobre (ASX:ORE) have agreed to a merger that…
U.S. refiners were forced to source their heavy crude from somewhere else after the United States sanctioned Venezuelan crude oil. Now, U.S. refiners may again be forced to resource crude…
Mexico’s Energy Laws Since 1960, Mexico’s energy sector has largely been dominated by the federal government. However, important changes occurred in 2013 and 2014 when then-President Enrique Peña…
Iran welcomed on Monday the idea of talks with its regional rival Saudi Arabia, amid reports that the two Gulf powers were directly talking about bilateral relations and hopes that…
Following a 6-percent weekly gain last week, oil prices were slightly up on Monday morning, erasing earlier losses as the U.S. dollar weakened again. As of 10:39 a.m. EDT on…
Higher Chinese crude oil imports and increased domestic production led to a jump in crude volumes directed to storage in the world’s top oil importer in March, according to calculations…
Libya’s crude oil production, which has stabilized in recent months at just over 1.2 million barrels per day (bpd), could drop in the coming days and possibly weeks after a…
By now, those of you who read about my top New Year’s stock pick, Recon Africa, will have learned that this small-cap explorer may have just moved one giant step…
The ongoing JCPOA discussions, involving European countries, Russia, Iran, and, on the sidelines, the U.S., are being watched by international oil markets with trepidation. The possibility of Washington…
The COVID-19 pandemic has hit Colombia and its economy, including the vital energy sector, particularly hard. After implementing one of the world’s longest pandemic lockdowns during 2020, which…
The oil and gas sector is currently enjoying a mini-boom cycle as economies gradually re-open and oil demand begins to return to a semblance of normalcy. The oil…
Although it wasn’t strongly emphasized in the recent discussions on the rise in gasoline prices, those prices to rise nearly every spring. But why does…
The transition to a global energy system that runs on renewable energy rather than finite and dirty coal, oil, and gas is arguably the number-one topic in the…
Rystad Energy’s comprehensive Covid-19 monthly report calculates the effect of the pandemic on our lives and offers updated estimates for global energy markets.