U.S. West Texas Intermediate crude oil futures are trading nearly flat on Friday, while continuing to hover near its more than two-month high. Helping to underpin prices is the prospect…
1. China Cedes Top LNG Buyer Spot to Japan Amid Weak Demand- China’s LNG imports…
Politics, Geopolitics & Conflict Henry Kissinger made headlines at Davos when he said what we suspected many of the more sinister actors were thinking for some time now: Ukraine should…
Europe has a gas problem. No, not that kind of gas problem, they have a natural gas problem. From the second half of the twentieth century until around 2010, natural…
American shale producers are right to avoid the temptation of pumping oil with WTI in the $1100-$110 range. Rewarding shareholders isn’t just about appeasement, which is long overdue,…
The number of total active drilling rigs in the United States fell by 1 this week, after the 14 rig increase in the week prior, according to new data from…
While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports, India and China have stepped up purchases and are importing record volumes of…
Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our…
Inflation-adjusted—or real—gasoline prices in the United States heading to the Memorial Day weekend are at their highest in a decade, at a national average of $4.59 per gallon, the Energy…
The federal government is seeking to get the oil industry to restart idled refineries, Bloomberg has reported, citing an unnamed source. According to the source, officials, including members of…
Rising rig counts, record forecast production from the Delaware Basin, and another forecast for record production for the whole Permian from the EIA are just some of the…
The long-term LNG contract is back. Buyers of liquefied natural gas in Europe and Asia are increasingly committing to long-term purchase agreements, unlike in the past…
For the average citizen, it is often not until you fill your tank, stock your fridge, or heat your home that you have a tangible interaction with the global economy.…
Soaring energy prices, triggered by Russia’s invasion of Ukraine and diminished global production, have brought the focus back onto Venezuela, an OPEC member…
Flights are rising back to pre-pandemic levels, with trips expected to increase dramatically this summer. Both leisure and business travel appear more popular as Covid restrictions ease worldwide…
With China’s economy slowing on the back of a strict Covid-19 containment strategy, there are concerns about the effects this might have on several emerging markets.
Global oil and gas investment is set to rise by 20% this year, according to Rystad Energy, with growth driven by soaring oil…
Global public opinion seems divided on whether or not to impose a “carbon tax” on the metal and mining sector. This goes double for steel. Depending on which…
This month we are taking another look at pipelines, specifically those used to transport oil and gas from the field to refineries. There is an odd disparity in…
Oil prices rose early on Thursday, extending this week’s gains, as demand looks strong with the U.S. driving season starting and Shanghai in China gradually reopening after two months of…