Oil prices dipped only slightly after the Energy Information Administration reported a crude inventory build of 3.4 million barrels for the last week of January. This compares with an…
Saudi Arabia is pushing for deeper emergency production cuts of up to 1 million barrels per day (bpd) as a technical panel of the OPEC+ coalition is meeting in Vienna…
A bear stampede has taken hold of oil markets as the coronavirus plague continues to spread FUD (fear, uncertainty and doubt) amongst the investing universe. Oil futures slid for a…
The year 2020 could emerge as the start of the era of relative global chaos or major upheaval. It is the era we have been anticipating, as the impact of…
OPEC+ is moving quickly to try to halt the meltdown in oil prices as the demand hit from the coronavirus continues to grow. The Joint Technical Committee (JTC) meets…
Just when investors were beginning to come to terms with weak oil demand amidst a synchronized global economic slowdown, a deadly viral outbreak in the world’s most populous nation has…
Apart from driving a clean transportation revolution over the next three decades, electric vehicles (EVs) could help the power grid’s storage needs as growing shares of renewable energy sources—predominantly solar…
If you haven't received our latest Global Energy Alert report, I strongly recommend you to sign up and read it immediately. From the latest breaking news…
As we see Tesla stock exploding past the $900 mark, we look back at the relatively short and remarkable history of the highest valued carmaker in the…
Commodity trading houses and oil majors are scrambling to find spot buyers for crude oil outside China, where demand is depressed because of the coronavirus outbreak and where some buyers…
Libya is producing about 204,000 bpd of crude oil at the moment, an unnamed source has told Bloomberg, as a blockade of the country’s export terminals and several fields…
OPEC+ is meeting urgently to discuss moves in the face of an inexorable slide in oil prices that has brought Brent crude far below $60 a barrel and that saw…
Oil prices continued their downward slide on Monday, with Brent crude falling 4.19% by 4:20pm EDT, hitting lows not seen in 13 months as oil demand falters…
Goldman Sachs downgraded ExxonMobil’s shares to Sell from Neutral, following another disappointing quarter. Exxon reported a drop in profits on Friday for the fourth quarter, weighed down by…
"On a long enough timeline, the survival rate for everyone [and everything] drops to zero.’’ For better or for worse, that grim and almost cynical quote by the charismatic anarchist…
In December 2015, President Obama signed into law the Consolidated Appropriations Act, 2016. A provision of this bill repealed a crude oil export ban that the U.S. had in…
Alaska is considered by many to be an oil region in decline, with natural depletion and oil prices combining to pressure the growth of the oil industry in one of…
Europe could import some 100 million tons of liquefied natural gas this year as many cargoes turned down by Asian buyers head for the continent, Reuters has reported, citing…
Russia’s production of crude oil and condensate inched up to 11.28 million barrels per day (bpd) in January, up from 11.26 million bpd in December and the highest production…
Although sales of electric vehicles (EVs) are continuing to grow around the world and are expected to keep rising in many markets, including in the United States, the overwhelming majority…