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Article Archive | Page 8

Humanity On Thin Ice, Says Latest UN Climate Report

Mar 20, 2023 at 11:19

In its latest climate report, the United Nations warns that “humanity is on thin ice” and “ice is melting fast” as greenhouse gas emissions continue to increase.  From 2010 to…

King Of Saudi Arabia Invites Iranian President For Historic Visit

Mar 20, 2023 at 09:41

After striking their historic peace deal which was mediated by China in Beijing over a week ago, Iran and Saudi Arabia continue to make strikes toward full normalization of ties,…

EU Looks To Extend Natural Gas Consumption Cuts For Another Year

Mar 20, 2023 at 09:07

The European Commission on Monday proposed extending the emergency measure which targets a 15% reduction in the bloc’s natural gas consumption by another 12 months to the end…

Oil Prices Head Lower As Credit Suisse Shares Plunge By 60%

Mar 20, 2023 at 07:50

The selloff in oil continues on Monday, with Brent falling to the $72 a barrel mark and U.S. crude down to the $65 per barrel handle, as traders are cutting…

Russia Overtakes Saudi Arabia To Become China’s Top Oil Supplier

Mar 20, 2023 at 05:09

Russia was the single largest crude oil supplier to China in January and February, overtaking Saudi Arabia which was the number-one supplier of oil to China last year, according to…

China’s Diesel Exports Soared In January and February

Mar 20, 2023 at 02:28

China exported 4.54 million tons of diesel in the first two months of the year, up 10 times from last year’s export rate, which stood at 420,000 tons, government data…

Is Chinese Demand Growth Now The Only Bullish Driver For Crude?

Mar 17, 2023 at 12:03

China’s recovery is underway, and many anticipate that China’s recovery will mean calls for additional crude oil, bolstering oil prices. But China’s economic reemergence is anything but a sure thing…

Standard Chartered Blames Gamma Hedging For Overdue Oil Selloff

Mar 17, 2023 at 13:23

The energy sector has emerged as the worst performer among all 11 sectors of the U.S. market in the current week, with energy prices dropping sharply as a 

Can The Lithium Price Boom Be Compared To Oil’s Last Supercycle

Mar 17, 2023 at 10:40

There’s an old adage for commodities that says, “the cure for high prices is high prices.” The inverse is true as well. In fact, I often heard this phrase when…

The Dangers Of Unchecked Power: Putin And The Potential Use Of WMDs

Mar 17, 2023 at 10:34

Western arms control experts are asking whether old taboos on the use of nuclear weapons are still valid in an age of ascendant illiberalism, underscored by Russia’s unprovoked…

Caspian Sea Trade is Booming Between Russia And Iran

Mar 17, 2023 at 10:34

Russian President Vladimir Putin has made the opening of a north-south trade route between the Russian Federation and the Indian Ocean via Iran a priority for more than a decade.…

Are Oil Stocks Too Good For ESG Investors To Pass Up?

Mar 17, 2023 at 13:31

“We know that the transition will not be a straight line. Different countries and industries will move at different speeds, and oil and gas will play a vital role in…

The Willow Oil Controversy, Explained

Mar 17, 2023 at 10:04

After years of uncertainty, ConocoPhillips’ Willow project has finally got the green light in Alaska. Stakeholders were unsure whether Willow would go ahead after several delayed oil and gas leases…

Here’s How Gasoline Prices Fared Under The Last Four Presidents

Mar 17, 2023 at 09:54

In June 2022, driven by a combination of the Russian invasion of Ukraine, an economic recovery from Covid-19, and arguably certain policies of the Biden Administration, the average…

A Bridge Between East And West: This New Rail Connection Is Crucial For Eurasia

Mar 17, 2023 at 09:52

For many years, the successive leaders of Kyrgyzstan could not capitalize on their country’s strategic location along the shortest route connecting China to Central Asia and further onward to the…

President Petro Can’t Afford To Ban Oil Exploration In Colombia

Mar 17, 2023 at 09:49

A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil industry’s long…

Iraq And UAE Spearhead Downstream Expansion

Mar 17, 2023 at 10:24

Oil markets have been affected by financial market challenges, inflation, and the war in Ukraine. Nevertheless, Arab Gulf countries remain resolutely optimistic, evidenced by new refinery and storage plans being…

The U.S. Is Racing To Revitalize Its Nuclear Industry

Mar 17, 2023 at 10:27

Unlike many other countries around the world, the U.S. has kept its nuclear power up and running, making it the biggest producer of nuclear power today. Nevertheless, after falling out…

Sri Lanka’s Energy Crisis Is Weighing On its Economy

Mar 17, 2023 at 10:19

Discussions around Sri Lanka’s energy crisis may have died down since reports of a major financial crisis in the Asian country circulated last summer, but Sri Lanka is still a…

Residential Heat Pumps Could Cut U.S. Energy Consumption In Half

Mar 17, 2023 at 10:11

In November of last year, some of the greatest minds and biggest influencers in the global energy sector gathered in Sharm el Sheikh, Egypt for the 27th annual Conference of…

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