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Breaking News:

Oil Should Stay In Triple Digits: Analyst

Iraq Joins Liquefied Gas Market

Iraq Joins Liquefied Gas Market

Iraq has entered the market…

Are Oil Prices Heading Back To $120?

Are Oil Prices Heading Back To $120?

Last week’s sell-off by speculators…

Energy

4 Nations That Could Help Solve The Global Fuel Crisis

Jun 21, 2022 at 09:36 | Irina Slav

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,…

Europe Faces “Red Alert” For Gas Supply As Russia Reduces Flows

Jun 21, 2022 at 09:34 | Tsvetana Paraskova

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 Only Has One Customer For Its Natural Gas

Jun 21, 2022 at 09:13 | Eurasianet

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…

China Could See Another Power Crunch This Summer

Jun 21, 2022 at 08:28 | Charles Kennedy

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…

Diesel Crisis Not Solved By Ramp-Up In Renewable Diesel

Jun 21, 2022 at 07:38 | Irina Slav

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 Joins Liquefied Gas Market

Jun 21, 2022 at 06:39 | Irina Slav

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…

The Mining Industry Is Replicating The Oil Sector Crisis

Jun 20, 2022 at 15:19 | Irina Slav

Earlier this month, Tesla made headlines yet again, but this time the news wasn’t good: the company was raising the price of most…

Political Turmoil Could Plague Libya’s Oil Exports All Year Long

Jun 20, 2022 at 14:37 | Tsvetana Paraskova

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…

Qatar Expands LNG Capacity To Become Europe’s Emergency Gas Supplier

Jun 20, 2022 at 10:47 | Simon Watkins

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…

Can The Global Gasoline And Diesel Crisis Be Solved?

Jun 20, 2022 at 10:09 | Rystad Energy

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 Turns To Coal Power Amid Natural Gas Crisis

Jun 20, 2022 at 09:30 | Tsvetana Paraskova

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

Russia Overtakes Saudi Arabia As China’s Top Oil Supplier

Jun 20, 2022 at 09:20 | Tsvetana Paraskova

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…

White House Considers Lifting Gas Tax To Lower Prices

Jun 20, 2022 at 08:57 | Charles Kennedy

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…

3 Reasons Goldman Sachs Is Wrong About Lithium

Jun 19, 2022 at 11:32 | Alex Kimani

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…

U.S. Drillers Add 7 Rigs Amid Oil Price Slide

Jun 17, 2022 at 12:09 | Julianne Geiger

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 Bears Burst Back Onto The Scene

Jun 17, 2022 at 11:29 | Michael Kern

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…

Why Is The United States Still Exporting Fuel?

Jun 17, 2022 at 11:26 | Tsvetana Paraskova

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…

Are Oilfield Service Companies A Buy?

Jun 17, 2022 at 11:23 | Alex Kimani

Last week, we presented a bear case for the energy sector based on the premise that oil and gas stocks could be in…

The Perfect Storm In Oil Caught Markets Off Guard

Jun 17, 2022 at 11:14 | Irina Slav

Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had peaked at…

The Energy Crisis Has Been A Boon For Argentina’s Dead Cow Shale Patch

Jun 17, 2022 at 11:08 | Matthew Smith

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…

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