The oil markets have been enjoying a period of sustained rally, thanks to a stream of positive factors including somewhat successful compliance to agreed production cuts
BP has begun evacuating workers from three platforms in the Gulf of Mexico, shuttering production as tropical storm Cristobal approaches the area before it makes landfall in Louisiana during the…
Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund. Global temperatures have already increased by 1.1 degrees Celsius…
The advance of renewable energy and electric vehicles (EVs) has incentivized scientists to look into various ways to solve the problem with efficient energy storage, which is the…
The oil and gas industry in the United States scored a big win this week after the EPA narrowed the focus of a rule that up until now,…
China has big plans for the nation’s nuclear energy sector. While the nuclear energy targets set by Beijing have been massively delayed, the nation is still on track…
Brent futures have broken above $40 for the first time since early March. Volatility continues to trend downwards, with the biweekly rolling average moving towards mean levels. Physical oil has…
Global oil demand has improved over the past few weeks, led by China’s demand which has rebounded to 90 percent of its pre-coronavirus levels, while tentative signs of improvement emerge…
Given the massive negative hit taken by Saudi Arabia’s economy as a result of Crown Prince Mohammed bin Salman’s oil price war, aimed at destroying the U.S. shale oil…
Saudi Arabia and Russia have reached a preliminary agreement to extend the current level of the OPEC+ production cuts by one month, provided that the laggards in compliance ensure over-compliance…
A day after the American Petroleum Institute surprised market yet again with a crude oil inventory draw, pushing prices up, the Energy Information Administration also reported an inventory decline,…
Brent Crude prices broke above $40 a barrel early on Wednesday, surpassing that threshold for the first time since Saudi Arabia and Russia broke up the previous OPEC+ pact on…
Shale drillers are bringing some shuttered oil production back online as the glut eases. The total amount of shut-in production in the Bakken stood at 475,000…
OPEC+ hopes to reduce global storage volumes with their production cuts, and hopes to extend them through at least, the summer. OPEC’s regular meeting in Vienna is coming…
Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm…
While everyone else was worrying about cheap oil and the future of electric cars, sodium batteries just got closer to becoming mainstream. This challenger to lithium ion technology has been…
The coronavirus pandemic has dealt an immense blow to businesses and nations all around the planet, yet there is one specific sphere where it might actually deliver some…
Oil prices climb ahead of highly-anticipated OPEC+ meeting.
The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory…
Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…