OPEC is preparing to replace…
Electric vehicles are rapidly gaining…
Transport giant Go-Ahead Group is…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures posted a two-sided trading range this week with a slight bias to the downside as traders continued to assess the…
1. Copper prices rebound- Copper prices rebounded this week, on news that there was some…
Market Movers - The International Monetary Fund issued a dire warning to the oil-rich Gulf Arab states this week: Rein in your spending or risk exhausting all of your oil…
It’s business as—almost--usual in the United States, even after a fifth week of faltering oil prices as the coronavirus outbreak eats away at oil demand and strikes…
As fears about the spread of the Wuhan coronavirus prompted selling in markets around the world last week, oil was one of the hardest hit. Earlier this week, however, when…
Exxon in Guyana: Politics is on Oil’s Side No one is going to rock Exxon’s boat seriously in Guyana. Not with 16 discoveries and stellar first production that went online…
Russia will support deeper oil production cuts across OPEC and its partners, Foreign Minister Sergey Lavrov told media at an event in Mexico. “We support this idea,” the top diplomat…
Oil prices were on track for a fifth weekly decline early on Friday, weighed down by the loss of demand in China amid the coronavirus outbreak while OPEC and Russia…
Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in supply right now, the market may…
A “green” jet fuel based on a chemical process created by the Germans for the Luftwaffe air force during World War II may have just found a new purpose…
Something strange is happening in the oil world. A string of events and developments that should have pushed prices much closer to three-digit territory has, in fact, had only a…
Over 54,011 airline flights scheduled to, from, and within China between January 23 and February 4 were canceled, according to Cirium data cited by CNBC, creating a ripple effect…
Russia has been historically associated with oil and gas exports, yet the news somewhat underreports its coal market presence. Although neither the world’s largest coal producer nor exporter, Russia seems…
Some of the world’s first ever commercial oil wells were operational near Baku in 19th century Imperial Russia in today’s Azerbaijan. The oil abundance produced some of the wealth that…
In 2019, the U.S. wind power industry recorded its third record-breaking installation year in a row, with new wind capacity hitting 9.14 GW. To date, there are another 44…
The slowdown in China’s industrial activity and the shutdown of factories amid the coronavirus outbreak is causing the worst shock to oil demand in over a decade, Jeff Currie, global…
China National Offshore Oil Corporation (CNOOC), the country’s largest importer of liquefied natural gas (LNG), has declared force majeure on deliveries of LNG cargoes and will not be honoring some…
OPEC+ officials have recommended additional oil production cuts of 600,000 bpd in response to the coronavirus outbreak that has crushed oil prices but Russia has yet to agree…
Copper has spoken. Its voice is the loudest of the commodities, and it’s not optimistic for the global economy. The coronavirus--which had by the time of writing claimed…
Despite climate concerns and environmentalist backlash against exploration for oil and gas in pristine sensitive regions of the Arctic, companies continue to explore for hydrocarbon resources in the Arctic Circle,…