Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Gas prices in Europe could plunge as low as $6.70 per million British thermal units (MMBtu) this summer thanks to a mild winter and ample…
For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and a swing-producer critical to curtailing large price overshoots in either direction. Over…
As the AI craze continues to hog the limelight, another asset class has been enjoying a similar boom, albeit under the radar. Over the past…
Oil prices edged up in Wednesday’s session supported by a decline in U.S. crude inventories, Ukrainian attacks on Russian refineries and signs of strong demand. According to weekly data by…
The tech world is currently living through the Fourth Industrial Revolution as Artificial Intelligence (AI), cryptocurrencies and clean energy have emerged as some of the…
For many years, electric vehicle critics have been pessimistic that EVs will ever go mainstream because they, have argued, will always be more expensive than fossil fuel-powered…
Oil markets have managed to reverse their early week losses, inching up higher in Wednesday’s session after the Energy Information Administration reported significant inventory draws across various…
Back in 2019, Russia and Ukraine inked a five-year pipeline transit agreement to supply natural gas to EU countries. Both countries have continued to honor…
Global temperatures are currently increasing at a faster clip than at any time in the last 2 million years. This has fueled record-breaking heat waves, wildfires and…
The solar sector has snapped from a months-long selloff after the largest U.S. solar module manufacturer, First Solar Inc. (NASDAQ:FSLR), beat Wall Street’s earnings estimate and also…
The Biden administration has set an ambitious target to generate 80% of the United States’ electricity from renewables by 2030 and 100% carbon-free electricity by…
Last month, large swathes of the United States grappled with sub-zero wind chills whereby freezing air from the Arctic set record-low temperatures leaving scores of…
Since November, Yemen's Houthi rebels have repeatedly attacked cargo ships passing through the strait of Bab al-Mandab that splits north-east Africa from Yemen on the…
Last year, the month of January recorded an oil mega-surplus of 3.4 mb/d, the third biggest surplus in the first month of the year over…
Last month, U.S. oil and gas supermajor Exxon Mobil Corp. (NYSE:XOM) released its long-term global energy outlook report. Exxon has predicted that global energy demand will reach about…
After a two-year hiatus, deal-making in the U.S. shale patch has hit high gear with the U.S. energy sector leveraging high stock prices to go…
Last week, the International Energy Agency reported that global oil demand growth is losing momentum, with demand growth clocking in at 1.4 mb/d in January, down…
After a two-year hiatus triggered by the historic oil price crash of 2020, the U.S. oil and gas sector saw a surge in mergers and acquisitions…
The U.S. and global oil and gas sector is currently enjoying a third year of relatively high energy prices with oil demand on a steady…
Oil prices have enjoyed a sustained rally in the current month thanks to bullish demand projections and encouraging oil product inventory draws. Brent briefly touched this year’s…