Iraq has entered the market…
Last week’s sell-off by speculators…
Europe should prepare for a…
Global refining capacity shrank during the pandemic, exposing vulnerabilities in some of the world's largest fuel consumers. Yet the decline was not evenly distributed. Refining capacity in China,…
The risk of a difficult winter of gas rationing for industries and another surge in energy bills for consumers in Europe just became greater as Russia escalated the…
Turkmenistan talks a big game about diversifying export markets for its natural gas, but China will be the only major customer for the foreseeable future. The…
Despite a boom in coal production in recent months, China could experience another power crunch this summer as miners race to meet government targets with lower-quality coal, analysts and traders…
A ramp-up in renewable diesel capacity in the United States over the medium term will not be enough to compensate for the decline in petroleum diesel refining capacity, Reuters has…
Iraq has entered the market for liquefied petroleum gas, with its first shipment ever taking place this week. In a statement, the Iraqi Oil Ministry said that first shipment…
Earlier this month, Tesla made headlines yet again, but this time the news wasn’t good: the company was raising the price of most…
While the oil market is looking for clues about losses of supply from Russia, the perennial wild card in crude production globally, Libya, has seen its output swing…
Following on from the recent signing by Qatar of a declaration of intent on energy cooperation with Germany aimed at becoming its key supplier of liquefied natural gas…
Global diesel and gasoline markets are witnessing blowout crack spreads in the US$50-60 per barrel (bbl) range, reflecting a clear lag in the refining system to respond effectively…
Germany will rely more on electricity generation from coal in order to conserve gas and fill its gas storage by winter, German Economy Minister Robert Habeck
China imported a record volume of Russian crude in May, with arrivals surging by 55 percent to nearly 2 million barrels per day (bpd). This has made Russia…
The Biden administration is considering a temporary lifting of the federal gas tax as a tool to reduce prices at the pump, Energy Secretary Jennifer Granholm said this weekend in…
Over the past few months, oil and commodity markets have been taking out fresh highs after the shuttering of Ukrainian ports, sanctions against Russia, and disruption in Libyan…
The number of total active drilling rigs in the United States rose by 7 this week, according to new data from Baker Hughes published on Friday. The total rig count…
Oil prices plunged on Friday morning as fears of a recession outweighed growing geopolitical threats to supply.Oilprice Alert: This month's Intelligent Investor column, now available for Global…
As the U.S. national average price of gasoline hits $5 per gallon, higher fuel exports out of America are additionally sapping domestic fuel inventories, which are already at…
Last week, we presented a bear case for the energy sector based on the premise that oil and gas stocks could be in…
Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had peaked at…
The U.S., UK, and European Union's ban on Russian oil imports sparked by President Vladimir Putin’s invasion of Ukraine has sent global energy…