Oil prices are set to rise to $60 a barrel by the end of next year as the oversupply will have been drawn down by then, according to Citigroup, which…
Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in a statement on Saturday.…
Rising levels of oil in floating storage, price cuts for Saudi crude, and a slowdown in Chinese imports: these were some of the factors that recently pressured oil…
U.S. voters generally support natural gas production, but nearly half of U.S. registered voters believe the natural gas industry must do more to reduce emissions to have natural…
The Trump Administration’s biofuel boogie continues with a new plan to help ease the economic pains of refiners which have been denied waivers through a series of potential…
Last year, the United Nations sent out a grim warning: The world has a very short 10-year window to act to avert catastrophic…
Australia’s top two electricity generation sources, coal and natural gas, have both seen demand in the country peak, a Rystad Energy analysis shows. The combined power production from…
The year of the pandemic put two commodities under the spotlight, but for different reasons. Gold prices hit an all-time high in August, while crude oil slipped into…
Cutting carbon emissions has become a central focus of countries and companies alike in the past decade. The oil majors are racing to ‘go green
Nearly 800 kt LCE of additional lithium would need to come online in the next five years to meet the needs of the battery sector, a new
Times are tough for Russian oil companies. In the post-Crimean era where sanctions have become the new normal, oil prices above 40-45 per barrel have guaranteed a sustainable…
Platforms may be similar in characteristics and configuration, but the cost of decommissioning them can differ significantly depending on location, climate and regulations. The recent oil price slump…
The world’s top oil traders have been chartering dozens of supertankers for potentially storing oil at sea amid signs that demand recovery has stalled. Trafigura has chartered 12 very…
While bearish sentiment has returned to oil markets due to what appears to be a weakening demand recovery, oil prices climbed on Friday morning after steep losses earlier in the…
BP and Shell have urged Texas energy regulators to put a stop to routine gas flaring across the state’s oil fields, Bloomberg reported,…
Baker Hughes reported on Friday that the number of oil rigs in the United States fell by 1 to 180. The total number of active oil and gas rigs decreased…
U.S. West Texas Intermediate crude oil is under pressure on Friday and in a position to close lower for a second consecutive week on growing demand worries and an unexpected…
1. U.S. oil demand rebound stalls- Oil prices sank this week along with broader financial…
Politics, Geopolitics & Conflict Jordan is expecting to resume oil imports from Iraq this month to the tune of 10,000 bpd, after it had to suspend imports completely in August…
Budgets depleted, an increasingly indignant population, and the prospect of confronting the same old COVID-19 scare once again – this is the reality that we have woken up to this…