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Can Oil Pull Greece Out Of Poverty?

Can Oil Pull Greece Out Of Poverty?

Greece’s withering economy could use…

Energy

U.S. Rig Count Creeps Higher Amid Record Oil Production

U.S. Rig Count Creeps Higher Amid Record Oil Production

Jun 08, 2018 at 12:24 | Julianne Geiger

U.S. drillers added 2 rigs to the number of oil and gas rigs this week, according to Baker Hughes, with oil and gas rigs each increasing by 1. The…

New Study: Climate Change Could Be The Ultimate Civilization Killer

New Study: Climate Change Could Be The Ultimate Civilization Killer

Jun 08, 2018 at 10:33 | Irina Slav

Climate change could have wiped out alien civilizations and may be on the way to wipe out mankind, too, a new study has suggested. Using simulations based on information…

Iran: Oil Prices Could Jump To $140 On U.S. Sanctions

Iran: Oil Prices Could Jump To $140 On U.S. Sanctions

Jun 08, 2018 at 09:02 | Tsvetana Paraskova

Oil prices could jump to $140 a barrel due to the U.S. sanctions against Iran and Venezuela, Iran’s OPEC governor Hossein Kazempour Ardebili told Reuters on Friday. The Iranian…

The Next Crypto Boom Is Closer Than You May Think
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The Next Crypto Boom Is Closer Than You May Think

Jun 07, 2018 at 17:51 | Joao Peixe

Millionaires were minted overnight in the last bitcoin run-up. Early investors could have made up to 30,412.5 percent on litecoin, 269,000 percent on ethereum…and an unheard of

Was This Just A Temporary Pullback In Oil?

Was This Just A Temporary Pullback In Oil?

Jun 07, 2018 at 16:45 | Tsvetana Paraskova

Oil market analysts are looking into the global supply and demand picture to guess where the price of oil is heading, and opinions and forecasts always vary widely. While oil…

Higher Oil Prices Might Not Destroy Demand Growth

Higher Oil Prices Might Not Destroy Demand Growth

Jun 07, 2018 at 16:41 | Nick Cunningham

The recent jump in oil prices to $80 per barrel raised a lot of questions about whether or not the heady demand growth projections for this year would hold up.…

Iranian Oil Production Could Be About To Plunge

Iranian Oil Production Could Be About To Plunge

Jun 07, 2018 at 15:51 | Nick Cunningham

The European Union has vowed to maintain the Iran nuclear deal despite the U.S. decision to exit, and Brussels has pushed back against Washington’s attempts to penalize European companies from…

Venezuela Seeks OPEC Support Against U.S. Sanctions

Venezuela Seeks OPEC Support Against U.S. Sanctions

Jun 07, 2018 at 15:27 | Tsvetana Paraskova

Cash-strapped Venezuela is pleading with OPEC for solidarity against U.S. sanctions, a week after Iran also asked its fellow cartel members for support against the returning U.S. sanctions on Tehran.…

Microsoft Launches Second Subsea Data Center

Microsoft Launches Second Subsea Data Center

Jun 07, 2018 at 12:21 | Irina Slav

Microsoft said yesterday it had submerged a second experimental data center off the coast of Scotland, as part of its Natick project that studies less energy-intensive data centers. While…

Why LNG Prices Are Poised To Soar

Why LNG Prices Are Poised To Soar

Jun 07, 2018 at 11:43 | Tim Daiss

Global liquefied natural gas (LNG) markets in Asia are convulsing, undergoing yet another fundamental shift amid increased demand for the super-cooled fuel. Last week, spot prices for LNG in Asia,…

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