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Alex Kimani

Contributor since: 28 Jan 2019

Alex Kimani

Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. 

Latest articles from Alex

  • European Central Bank Hikes Rates To 22-year High

    Published 15 June 2023 | viewed 9,648 times

    The European Central Bank (ECB) has hiked interest rates by 25 basis points to 3.5%, the highest level in 22 years on Thursday. ECB did…

  • U.S. Crude Trading At Big Discount To Dubai Oil

    Published 15 June 2023 | viewed 9,008 times

    Heavy trading in Dubai oil has lifted its premium to WTI crude to its highest since late March, a development that could make U.S. crude…

  • Russia Pays Sakhalin Dividends In Yuan

    Published 15 June 2023 | viewed 8,770 times

    Russia has reportedly paid dividends from the Sakhalin 1 and 2 oil projects in Chinese yuan, a shift from its usual practice of paying in dollars,…

  • IEA: Global Oil Demand Will Peak Before The End Of The Decade

    Published 14 June 2023 | viewed 5,907 times

    The Paris-based International Energy Agency (IEA) has predicted that global oil demand will peak before the end of the current decade as the transition to…

  • 3 Freeport LNG Trains Back Online Amid Volatile Natural Gas Prices

    Published 13 June 2023 | viewed 4,836 times

    Ten months after its shutdown, Freeport LNG trains are back online for its Quintana Island, Texas, facility, enabling the restoration of deliveries to major companies…

  • May Inflation Comes In Lower Than Expected

    Published 13 June 2023 | viewed 4,072 times

    U.S. consumer prices climbed a paltry 0.1% in the month of May, smaller than the 0.4% increase the previous month as falling fuel and electricity…

  • The New Playbook For U.S. Shale: More For Shareholders, Less Output Growth

    Published 13 June 2023 | viewed 6,157 times

    The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the O&G playbook. At the height of the shale boom, …

  • Drunk Russian Captain Crashes Oil Tanker

    Published 13 June 2023 | viewed 8,115 times

    Two oil tankers have collided in the Irkutsk region in Russia's thanks to a captain operating under the influence of alcohol, causing oil spillage into…

  • Oil Soars Nearly 4% Ahead Of Fed Rate Decision

    Published 13 June 2023 | viewed 6,906 times

    The oil markets continue to be volatile and unpredictable, with WTI and Brent crude making significant gains on Tuesday’s morning session just a day after…

  • U.S. Gasoline Prices Ripe For Volatility

    Published 12 June 2023 | viewed 12,721 times

    After a relentless month’s-long climb, U.S. national average gas prices have stabilized, with the current price of $3.594 for a gallon of regular unleaded gasoline…

  • Pakistan Pays For Discounted Russian Oil In Yuan

    Published 12 June 2023 | viewed 10,368 times

    Pakistan’s petroleum minister Musadik Malik has revealed that his country paid for its first imports of discounted Russian crude in Chinese currency. According to Malik,…

  • WTI Plunges 4% Ahead Of Fed Rate Decision

    Published 12 June 2023 | viewed 65,196 times

    Oil markets have kicked off the new week on a sour note with both Brent and WTI crude sliding over $3 per barrel after Goldman…

  • 5 Solar Stocks For Long-Term Gains

    Published 11 June 2023 | viewed 3,322 times

    Over the past two years, solar manufacturers have been hampered by supply chain disruptions including increasing material costs for polysilicon. Indeed, last year, Rystad Energy…

  • Mixed Data Keeping Oil Markets On Edge

    Published 10 June 2023 | viewed 7,501 times

    Oil markets have become highly volatile in the current week as traders try to make sense of a mix of both bullish and bearish drivers.…

  • Whitewashed Urals Crude To Soften Russian Economy Contraction

    Published 08 June 2023 | viewed 8,370 times

    The World Bank has reported that Russia’s economy will contract a mere 0.2% in the current year, way less than last year’s 2.1% dip thanks…

  • Exxon CEO Warns Overemphasis On Renewables Could Backfire

    Published 08 June 2023 | viewed 4,664 times

    Exxon Mobil Corp. (NYSE:XOM) CEO Darren Woods has urged regulators to stop focusing on certain energy sources, such as renewable energy, to save the climate,…

  • How Oil Executives Raked In Half A Billion In COVID Compensation

    Published 07 June 2023 | viewed 2,128 times

    It is common knowledge among business circles that aligning executives’ financial incentives with company strategy can help inspire management to deliver superior results. However, pay…

  • 3 Energy Dividend Stocks To Consider This Summer

    Published 06 June 2023 | viewed 9,364 times

    It’s a good time to look at energy stocks again, now that oil prices have rallied in Monday's session after Saudi Arabia pledged big production cuts and…

  • ExxonMobil: New Fracking Technology Can Double Oil Output

    Published 04 June 2023 | viewed 95,335 times

    The U.S. shale revolution dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off in…

  • The Commodity Price Bubble Has Finally Burst

    Published 01 June 2023 | viewed 26,601 times

    The epic commodity bull run that took off three years ago and saw commodity prices hit multi-decade highs has finally collapsed. From oil, gas and…

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