Article Archive | Page 707

Mar 15, 2020 at 22:54

The Federal Reserve took yet another bold action on Sunday evening, announcing that the central bank would be slashing interest rates to zero percent. But the markets weren't impressed, with…

Mar 13, 2020 at 18:27

Those with a functioning memory may have thought that last week’s decision by Saudi Arabia to maximise oil production to crash oil prices and bankrupt U.S. shale…

Mar 13, 2020 at 18:24

The recent plunge in oil prices has put the financially ravaged U.S. shale industry in the spotlight over the past week, but the market downturn will blow a hole…

Mar 13, 2020 at 18:24

It’s not just oil getting crushed right now--commodities across the board are nose-diving, including precious metals. Not even gold can maintain its safe-haven status. The only shelter right now for…

Mar 13, 2020 at 18:24

Last week OPEC conducted meetings with a coalition of partners that have worked together to limit oil production since 2016. It was widely reported that the group hoped to come…

Mar 13, 2020 at 18:23

For a sector that is frequently chided for merely trying to burnish its green credentials, it appears some players are willing to put their money where their mouths are--by going…

Mar 13, 2020 at 18:19

Global oil giants are facing ever-increasing public pressure and higher levels of scrutiny over their responsibility to curb harmful greenhouse emissions. Yet, in the sprawling oilfields of Texas, New Mexico…

Mar 13, 2020 at 18:17

One of the latest entrants in the heated race for higher-performance battery pack technology is a new type of solid-state battery with high energy density, half the size of a…

Mar 13, 2020 at 18:15

Scientists around the world are racing towards a green energy solution that is cheap, efficient, and scalable enough to replace fossil fuels before our carbon-based economy steers us past the…

Mar 13, 2020 at 18:13

With all the drama around crude oil right now natural gas has moved outside the spotlight but there are some interesting developments there as well, and a lot more positive…

Mar 13, 2020 at 18:13

As the cost of a disturbed climate becomes increasingly clear, a growing number of cities, states and countries have set ambitious targets to dramatically reduce or completely eliminate carbon…

Mar 13, 2020 at 18:09

The U.S. State Department has announced "the willingness of U.S. companies to begin immediately selling oil to Belarus at competitive market prices" in a clear signal to Minsk -- and…

Mar 13, 2020 at 18:07

Electric utility capital expenditures (CAPEX) in the US have been rising steadily. But they are not remotely large enough to meet future industry requirements to decarbonize, harden infrastructure, modernize, digitize…

Mar 13, 2020 at 14:25

Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices and even lower, oil executives said after meeting this week…

Mar 13, 2020 at 14:56

There’s no doubt about it, it has been a rough week for oil. Just days after Saudi Arabia and Russia launched a full-blown oil war, forcing prices to drop by…

Mar 13, 2020 at 13:46

Oil prices have fallen nearly 50 percent since the start of the year and the short-term outlook isn’t looking very promising as OPEC and Russia continue to boost supply. 

Mar 13, 2020 at 12:12

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1­ to 792, with the total oil and gas rigs clocking in…

Mar 13, 2020 at 12:41

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are edging higher on Friday. The move is being fueled by stronger demand for risky assets after U.S. equity markets…

Mar 13, 2020 at 12:39

1. Commodities crash- The 11-year bull run for the Dow Jones came to…

Mar 13, 2020 at 12:35

Market Movers - Saudi Arabia has booked multiple VLCCs to ship its crude oil, including to the US Gulf Coast, despite having its own fleet of VLCCs. While China is…