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Article Archive

Why 2023 Is Likely To See Much Higher Oil Prices

Nov 30, 2022 at 12:45

Earlier this week, oil prices plunged to 2022 lows as energy markets panicked about demand amid COVID chaos in China that has resulted in an unexpected and extraordinary…

Are Fears Of China’s Oil Demand Slump Overblown?

Nov 30, 2022 at 08:47

Concerns about China’s oil demand amid a new Covid outbreak, renewed restrictions, and protests against the ‘zero-Covid’ policy have weighed on market sentiment in the latter half of…

Oil Price Cap Unlikely To Hurt Russia’s Revenue

Nov 30, 2022 at 08:27

When the U.S. Treasury Secretary proposed capping the price of Russian export oil to curb Moscow’s revenues, oil prices spiked. The reason was that the price…

Will Full Gas Stores Save Europe From An Energy Emergency?

Nov 30, 2022 at 08:00

The European Union has spent most of this year importing natural gas from any source available, including sanctioned Russia, after it sanctioned it and began preparing for the…

Turkey Looks To Capitalize On Russia’s Fading Influence In The Middle East

Nov 30, 2022 at 07:49

The 2022 World Cup has been dominating global news, and no one is missing the Russian team among the 32 participating nations, unlike, for instance, Italy or Egypt.…

China Concerned Over Kazakhstan’s Ability To Deliver Contracted Gas Supplies

Nov 30, 2022 at 07:31

China says it hopes that Kazakhstan is prepared to increase the amount of natural gas it supplies over the winter, even though the government in Astana has pledged…

Emerging Markets Look To Get In On The Global Electric Vehicle Boom

Nov 30, 2022 at 07:20

With electric vehicles (EVs) set to proliferate and become more accessible to drivers around the world, several emerging markets are looking to expand their EV manufacturing.

Putin Pushes To Establish A “Natural Gas Union” In Central Asia

Nov 30, 2022 at 07:16

Russian President Vladimir Putin has proposed creating a "gas union" with Kazakhstan and Uzbekistan to establish a mechanism to ship natural gas between the three countries and to…

Can Europe And North America Compete With China’s Lithium Dominance?

Nov 30, 2022 at 07:06

While Europe and North America have been investing in a diversified renewable energy portfolio, boosting investment in traditional wind and solar operations while researching other green energy options,…

The Race For Space-Based Solar Power Is Underway

Nov 30, 2022 at 07:00

There’s a new kind of space race unfolding. This time it’s not a battle between world superpowers or enterprising tech billionaires, it’s a rush to shore up future…

Oil Shoots Up On Huge Crude Inventory Draw

Nov 30, 2022 at 09:37

Crude oil prices moved further up today after the U.S. Energy Information Administration reported a crude oil inventory decline of 12.6 million barrels for the week to November 25.…

Source: Don’t Expect Any Oil Supply Surprises From The Sunday OPEC+ Meeting

Nov 30, 2022 at 06:58

The fact that OPEC+ has decided to meet virtually this Sunday suggests surprises with regard to oil supply policy are unlikely, Reuters reported…

Escalating Protests In China Add To Oil Market Volatility

Nov 30, 2022 at 06:44

Protests in a Chinese city escalated this week, with protesters clashing with the police in Guangzhou amid the growing frustration with lockdowns. According to a Reuters

Next Week Will Be Critical For Oil Markets

Nov 29, 2022 at 16:09

The next few days will be one of the most crucial for the oil market in weeks as several events and factors at the same time could determine…

China And India Are Buying Russian Crude At A 40% Discount

Nov 29, 2022 at 12:36

The European Union on Friday once again failed to reach an agreement on a price cap for Russian oil, with the bloc's eastern-most…

Why U.S. Oil Majors Are Outperforming Their European Counterparts

Nov 29, 2022 at 16:23

Last year proved to be a watershed moment for oil and gas companies in the global transition to clean energy, with Big Oil facing a series of boardroom…

Crucial Global Strategic Oil And Gas Hub Oman Eyes Big New Projects

Nov 29, 2022 at 08:13

Oman’s significance in the Middle East, and therefore the world, is much greater than its 5.4 billion barrels of estimated proved oil reserves (the 22nd

OECD: Energy Crisis Weighing Heavily On Global Economic Growth

Nov 29, 2022 at 07:58

The energy crisis in Europe is going to hit hard around the world this winter – but it will be nothing compared to next year. The recently released…

Xi’s Zero-Covid Policy Sparks Largest Protests Since 1989

Nov 29, 2022 at 07:52

The apparent failure by Beijing to determine new ways to handle the COVID-19 pandemic, given what many consider the largest mass protests since the student movement of 1989,…

The Oilprice Guide To Cutting Energy Costs This Winter

Nov 29, 2022 at 07:47

The global energy crisis is just getting started. The International Energy Agency (IEA), not one for hyperbole, announced in its annual energy outlook that we’re in the midst…

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