Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
The clean energy sector has lately been struggling, with higher interest rates and a weakening economic outlook outweighing considerable backing by the Biden administration. The iShares…
Oil prices were marginally higher on Monday’s trading session on rising belief that the U.S. will avoid a default. Front-month Nymex crude oil (CL1:COM) for…
Oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has continued to drop, extending a stoppage that has lasted nearly two months. Export flows…
Artificial Intelligence (AI) has emerged as some of the biggest secular megatrends of our time. AI is powering the fourth industrial revolution and is increasingly…
Over the past few years, Permian shale giant Occidental Corp.(NYSE:OXY) has become a darling of billionaire investors. Back in 2019, famous activist investor Carl Icahn bought…
Last month, we reported that energy experts have been growing increasingly bearish on the oil price outlook compared to previous sentiment. Four energy agencies including the IEA…
The oil markets remain highly volatile, but continue to have little forward momentum, with WTI prices resuming their negative trading to move away from the…
Norwegian energy consultancy Rystad Energy has warned that nearly 2.7 million barrels per day of Alberta oil sands production is in"very high" or "extreme" wildfire danger rating…
The much-touted second shale boom has lately been getting a reality check as equipment demand declines sharply, a worrying sign that drilling in U.S. shale…
Russia’s President Vladimir Putin has contradicted the position by OPEC+ that its 1.2 million barrels per day production cut announced in April was intended to balance the…
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against market…
Iran has seized yet another oil tanker bringing the tally to three tankers seized in the space of just 19 days as tensions in the Persian Gulf…
Earlier in the year, Wall Street was mostly bullish about the prospects of Canada’s Oil Patch with the sector expected to resist a sharp downturn…
Warren Buffett recently opined that it is impossible to foresee the ultimate winner in the electric vehicle market, suggesting that it may or may not end up…
For the third month running, OPEC has barely changed its forecast of global oil demand, predicting growth of 2.33 million barrels per day, or 2.3%…
Saudi Aramco is reportedly planning to postpone an initial public offering (IPO) of its energy trading business in what would have been one of the…
The collapse of Silicon Valley Bank in March triggered massive capital flight from oil to precious metals as panic spread that this could be the…
With the global energy transition in full swing, few clean energy sectors, if any, are expanding faster than the electric car market. A decade ago,…
After testing multiyear lows over the past few weeks driven by fears of a recession and risk aversion prompted by turmoil in U.S. banking, oil…
A study published in Nature Energy on Monday has revealed that the U.S. Oil Patch is home to tens of thousands of inactive offshore oil and gas…