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Crude Has Broken Out of Its Range: What’s Next?

Crude Has Broken Out of Its Range: What’s Next?

Oil prices have finally broken…

Little-Known Traders Now Rule Russian Oil Markets

Little-Known Traders Now Rule Russian Oil Markets

As the world’s largest oil…

The New ‘Wild West’ In Oil Shipping

The New ‘Wild West’ In Oil Shipping

The number of near collisions…


Is Chinese Demand Growth Now The Only Bullish Driver For Crude?

Mar 17, 2023 at 12:03 | Tsvetana Paraskova

China’s recovery is underway, and many anticipate that China’s recovery will mean calls for additional crude oil, bolstering oil prices. But China’s economic reemergence is anything but a sure thing…

Iraq And UAE Spearhead Downstream Expansion

Mar 17, 2023 at 10:24 | Cyril Widdershoven

Oil markets have been affected by financial market challenges, inflation, and the war in Ukraine. Nevertheless, Arab Gulf countries remain resolutely optimistic, evidenced by new refinery and storage plans being…

Sri Lanka’s Energy Crisis Is Weighing On its Economy

Mar 17, 2023 at 10:19 | Felicity Bradstock

Discussions around Sri Lanka’s energy crisis may have died down since reports of a major financial crisis in the Asian country circulated last summer, but Sri Lanka is still a…

Residential Heat Pumps Could Cut U.S. Energy Consumption In Half

Mar 17, 2023 at 10:11 | Haley Zaremba

In November of last year, some of the greatest minds and biggest influencers in the global energy sector gathered in Sharm el Sheikh, Egypt for the 27th annual Conference of…

The Willow Oil Controversy, Explained

Mar 17, 2023 at 10:04 | Felicity Bradstock

After years of uncertainty, ConocoPhillips’ Willow project has finally got the green light in Alaska. Stakeholders were unsure whether Willow would go ahead after several delayed oil and gas leases…

Coal Is Still King In Asia, But Renewables Are On The Rise

Mar 17, 2023 at 10:01 | ZeroHedge

The International Energy Agency (IEA) predicts that Asia will account for half of the world’s electricity consumption by 2025, with one-third of global electricity being consumed in China.…

Taiwan Looks To Replace Nuclear Power With LNG

Mar 17, 2023 at 09:57 | Josh Owens

Taiwan is buying more LNG for delivery over the next year as it closed a nuclear reactor and is set to phase out nuclear power generation by 2025.  Taiwan’s CPC…

Here’s How Gasoline Prices Fared Under The Last Four Presidents

Mar 17, 2023 at 09:54 | Robert Rapier

In June 2022, driven by a combination of the Russian invasion of Ukraine, an economic recovery from Covid-19, and arguably certain policies of the Biden Administration, the average…

OECD: Falling Energy Prices Could Bolster Global Economic Growth

Mar 17, 2023 at 09:49 | Michael Kern

Signs have emerged of a slight improvement in the global economy, thanks to falling energy and food prices in early 2023, the OECD said on Friday as it raised its…

President Petro Can’t Afford To Ban Oil Exploration In Colombia

Mar 17, 2023 at 09:49 | Matthew Smith

A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil industry’s long…

The Oil Price Collapse Continues After Brief Respite

Mar 17, 2023 at 09:15 | Michael Kern

The oil price crash appeared to have been halted on Thursday after the Swiss central bank stepped in to save Credit Suisse and the energy ministers of Russia and Saudi…

The Only Really Bullish Factor In Oil Markets

Mar 17, 2023 at 08:02 | Editorial Dept

1. Chinese Demand Becomes the Only Really Bullish Factor for Oil- Whilst oil prices were…

Fundamentals Take A Back Seat As Fear Dominates Oil Markets

Mar 17, 2023 at 03:29 | Editorial Dept

U.S. West Texas Intermediate (WTI) crude oil prices rallied on Thursday, ending a three-day losing streak, as reports emerged that Saudi Arabia and Russia were discussing ways to enhance market…

Tensions Rise Over Russia's Downing Of A U.S. Drone

Mar 17, 2023 at 03:27 | Editorial Dept

Politics, Geopolitics & Conflict The diplomatic spat continues over Russia’s downing of a U.S. drone over the Black Sea on Tuesday. While the Russians deny having come into contact with…

Crude Has Broken Out of Its Range: What’s Next?

Mar 17, 2023 at 03:23 | Editorial Dept

A couple of times over the last few weeks, I have pointed out here that crude was looking for a direction. It has been trading in a narrowing range, and…

Oil Markets Are Fully Focused On Interest Rate Hikes

Mar 17, 2023 at 03:20 | Editorial Dept

Oil market sentiment has never been more fragile. Geopolitics has the power to move these markets, but the real and implied impact on supply and demand remains elusive,…

The Worst Week Of The Year So Far For Oil Prices

Mar 17, 2023 at 02:50 | Irina Slav

Crude oil prices are about to end their worst week since the start of the year as news from the banking industry ignited fears of demand depression. As of Friday…

Are Oil Prices Set For A Quick Comeback?

Mar 16, 2023 at 12:14 | Alex Kimani

The energy markets are going through one of their worst selloffs in recent times as fears of a new global crisis continue to roil financial markets. Oil prices have crashed…

Oil Majors Juggle Cheaper Crude With Lower Emissions

Mar 16, 2023 at 10:52 | Tsvetana Paraskova

The world’s biggest international oil and gas firms continue to pledge lower-emission operations to supply the world with the hydrocarbons it needs and will need in the future.   …

Nikola Tesla’s Immaculate Energy Conception Finally Realized?

Mar 16, 2023 at 10:51 | Haley Zaremba

Scientists have dreamed of creating energy out of thin air for over a century. Nikola Tesla was already conducting experiments along these lines in the 1930s. But recently the calls…

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