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Article Archive | Page 7

Natural Gas Prices Jump 10% In Early Trading

Jan 23, 2023 at 07:43

Natural gas prices have started the week with a gain of over 10 percent, but the recent trends in the price have concerned…

China Is Still The Biggest Driver Of Oil Prices

Jan 20, 2023 at 11:05

Oil prices settled on Thursday at their highest level since December 1 as the market is turning bullish on China’s oil demand this…

Diesel Markets Brace For A Chaotic February

Jan 20, 2023 at 11:51

Yesterday, strikes began at three refineries in France operated by TotalEnergies. The three facilities suspended gasoline and diesel deliveries for the wholesale market,…

The Road To Decarbonization: Ammonia-Powered Trucks Take the Lead

Jan 20, 2023 at 10:00

This week, the world’s first ammonia-powered, zero-emissions semi truck was unveiled, potentially signaling the dawn of a new era for the shipping and…

Georgia Becomes A Regional Trading Hub

Jan 20, 2023 at 09:52

Over the past year, Georgia recorded significant growth in trade turnover with neighboring Armenia and Azerbaijan. As it expands its role as a trading hub, it is being…

Russian Oil Ban Creates Profit Opportunities For Traders In Singapore

Jan 20, 2023 at 09:44

A ban on Russian crude oil by the European Union and the US went into effect late last year, forcing Russia to find more buyers in the eastern…

Upstream Spending To Rise To $485 Billion In 2023

Jan 20, 2023 at 10:26

Over the past three years, the majority of U.S. energy companies have avoided spending big to expand production in the aftermath of the 2020 oil crisis, prioritizing returning…

Oil Companies Stand Up To Los Angeles City Council Drilling Ban

Jan 20, 2023 at 10:02

After decades of transitioning towards renewable energy, with several new developments across the state, LA has finally taken significant steps to move away from oil and gas. California…

Americans Are Struggling To Pay Car Loans

Jan 20, 2023 at 09:32

    An alarming number of Americans with auto loans are struggling to make monthly payments. Auto loan performance saw further deterioration in December, and loan delinquencies jumped.…

Armenia And Azerbaijan Deadlocked In Talks Over Key Corridor

Jan 20, 2023 at 09:37

In the background of Azerbaijan’s ongoing blockade of the only road in and out of Nagorno-Karabakh lies the fate of another critical transportation route: the would-be “Zangezur Corridor.” In the…

Bulgaria Remains A Major Buyer Of Russian Oil

Jan 20, 2023 at 09:24

Russia has been hit by waves of Western sanctions for its unprovoked invasion of Ukraine, including its energy sector, a major source of revenue for the Kremlin.

Putin’s Eurasian Gas Union Faces Political Headwinds

Jan 20, 2023 at 09:03

  In recent weeks, Russia, Kazakhstan and Uzbekistan have been hotly discussing the possibility of establishing a trilateral natural gas union among the three countries. The union, proposed…

Suriname’s Oil Boom Hits A $10 Billion Snag

Jan 20, 2023 at 09:13

A series of high-quality oil discoveries in Block 58 offshore Suriname combined with investment bank Morgan Stanley estimating that the block contains 6.5 billion barrels of oil sparked…

Recession Fears Could Send Precious Metals Higher

Jan 20, 2023 at 09:01

Via AG Metal Miner    The Global Precious Metals MMI (Monthly MetalMiner Index) traded upwards by 3% as…

Automakers See EV Sales Soar Despite Lagging Car Market

Jan 20, 2023 at 08:54

While it may have taken trillions of dollars in government subsidies and the suspension of most logic and critical thinking about how EV batteries are made and the…

U.S. Oil Rig Count Sees Largest Single Week Drop In 16 Months

Jan 20, 2023 at 12:13

The total number of total active drilling rigs in the United States fell by 4 this week, according to new data from Baker Hughes published on Friday. The total rig…

Oil Gains Momentum As Chinese Demand Climbs

Jan 20, 2023 at 08:08

March West Texas Intermediate crude oil posted its highest close since Dec. 1 on Thursday on hopes of increased Chinese demand. Surprisingly, traders shrugged off a second straight week of…

Oil Major Debt Is Shrinking Rapidly

Jan 20, 2023 at 08:05

1. Bomb Cyclone Disrupts US Refining- US refinery runs averaged 14.9 million b/d according to…

Erdogan Cracks Down On Critics Ahead Of Elections

Jan 20, 2023 at 08:00

Politics, Geopolitics & Conflict Ahead of presidential and parliamentary elections that will now be held in May this year in Turkey, Erdogan has seen to it that the government’s powers…

Is It Time To Get Back Into Natural Gas?

Jan 20, 2023 at 07:57

Towards the end of one year and at the beginning of the next, I, like most people I imagine, typically take time to look back on the trading year and…

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