This week, AP and WMAR Baltimore reported that GM would have to pay the government over $146 million in penalties due to 5.9 million of its older vehicles…
OPEC and the OPEC+ group have had reasons to be happy this week as Brent oil prices topped $87 per barrel. But the most recent rise in oil is…
Last week, a significant political crisis unfolded in Bolivia after soldiers led by Army Commander General Juan José Zúñiga engulfed the Bolivian government palace using armored vehicles, calling to…
For much of the past year, Standard Chartered's Geoffrey Kendrick has had a nice, round number in mind for his 2024 year-end price target: after (somewhat accurately) predicting…
Turkmenistan and Iran signed a contract on July 3 for the delivery of 10 billion cubic meters of Turkmen natural gas per year, which Iran will then ship…
Kazakhstan’s power sector is at a crossroads, a point where the government wants to diversify and reduce CO2 emissions. Nuclear power is viewed as at least a partial solution to…
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Via Metal Miner Clearly, China’s economy is not yet back on the recovery track, as evidenced by the mixed bag of data for May released on…
The Uzbek Statistics Agency reports that the total volume of trade increased modestly during the first five months of 2024, compared with the same period the previous year. But the…
The idea of U.S. energy independence remains a hot topic, even making an appearance at the recent presidential debate. Everyone seems to have an opinion on it, even…
Hungarian Prime Minister Viktor Orban will travel to Moscow on July 5 to meet with Russian President Vladimir Putin, days after meeting with Ukrainian President Volodymyr Zelenskiy in…
Via Metal Miner Liberty Steel Ostrava, a steel manufacturing plant in the Czech Republic, recently entered an…
The world’s top crude exporter, Saudi Arabia, shipped the lowest volumes of oil in June for ten months as Saudi domestic consumption grew and Russia continued to take market share…
The total number of active drilling rigs for oil and gas in the United States rose this week, pressing pause on a declining rig pattern, according to new data that…
Cautious optimism is creeping back into the cobalt metal market as hedge funds move to physical purchases of the battery metal as prices slump to seven-year lows. With…
EV manufacturer Polestar, one of several struggling names at the bottom of the EV barrel, says that new hefty EU and US import tariffs on its Chinese-made…
The UK’s Labour Party just scored a massive victory that could have huge implications for the country’s oil and gas sector. This will be the party’s return to power after…
Sentiment in oil markets is undeniably bullish, with WTI and Brent on course to post yet another weekly gain.
Slowing drilling activity in the U.S. shale patch is capping oil production growth while natural gas output is down from year-ago levels amid above-average inventories and unsustainably low prices earlier…
Crude oil prices look set to climb higher this week and the rise could extend into the coming weeks as well, analysts are predicting. The question on everyone’s minds: how…