Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
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…
The White House has proposed a plan to have crypto miners pay extra for the energy they consume during mining operations. Dubbed the Digital Asset…
After a very fruitful period that saw the energy sector emerge as the best performer in 2022, the oil price rally has ground to a…
Back in late March, the EU Council reached an agreement to extend voluntary 15% gas demand reduction targets because “The EU is not completely out…
Oil prices have lately lost their forward momentum, with both Brent and WTI crude plunging this week. A rather puzzling trend is being observed in…
French oil and gas multinational TotalEnergies (NYSE:TTE) has finally reached an agreement with the government of Iraq to start a long-delayed $27 billion energy project…
Oil prices crashed in Wednesday’s session, marking the second day of declines ahead of a likely 25-basis point rate hike by the Federal Reserve as…
After a stellar run fueled by multi-decade-high commodity prices in 2022, the energy sector has become a laggard in 2023 as investors turn their attention…
U.S. crude oil exports for the month of April have surpassed forecasts, hitting a record 4.5 million barrels per day in March thanks to rising fuel…
A new report by the Center for Research on Energy and Clean Air (CREA) has found that European countries that banned Russian oil imports are…