Irina Slav

Latest articles from Irina

• Airlines Slammed By Soaring Jet Fuel Prices

  Published 22 February 2021 | viewed 2,554 times

  Prefer to watch a video about jet fuel demand? Find Goldman Sachs' latest forecast here Jet fuel prices hit a 13-month high last week as…

• Can OPEC+ Maintain Order As Oil Prices Rise?

  Published 20 February 2021 | viewed 17,037 times

  After months of neglect from traders, oil became a hot commodity again this month as Brent surged over $65 a barrel and WTI topped $60…

• Pemex’s Oil Production Increase Is More Illusion Than Reality

  Published 19 February 2021 | viewed 3,350 times

  Mexico’s Pemex reported its oil production grew last year, for the first time in fifteen years. However, there’s a big catch—the increase was only a…

• Mexican President Urges Population To Conserve Energy Amid Power Shortage

  Published 19 February 2021 | viewed 1,624 times

  Mexico’s President Andres Manuel Lopez Obrador has urged people to reduce their power consumption amid a shortage caused by the Texas deep freeze that prompted…

• Oil Is Hot Again, But For How Long?

  Published 18 February 2021 | viewed 24,932 times

  From the pariah of industries last year, energy has become a Wall Street darling once again. In the year to date, energy has gained 17…

• Oil Prices Jump Above $61 On Major Crude Draw

  Published 18 February 2021 | viewed 9,194 times

  Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week…

• Texas Freeze Causes Largest Ever U.S. Oil Production Decline

  Published 18 February 2021 | viewed 17,091 times

  U.S. crude oil production has plunged by as much as 40 percent due to the Polar Vortex that brought freezing temperatures to swathes of the…

• Who Will Win The Carbon Capture Tech Showdown?

  Published 17 February 2021 | viewed 2,185 times

  Solar panels and wind farms have become fixtures of the global energy mix even if things like winter cold sometimes interfere with their operation. Hydrogen…

• Gasoline Prices Could Hit $3

  Published 17 February 2021 | viewed 2,229 times

  The price of gasoline at the pump could reach $3 per gallon because of the cold snap that froze oil wells and pipelines and caused…

• Oil Prices Soar As U.S. Oil Production Plunges 30%

  Published 17 February 2021 | viewed 34,638 times

  West Texas Intermediate jumped over $60 per barrel after the Polar Vortex that brought unusually cold weather to a large part of the U.S. froze—literally—a…

• Texas Winter Storm Highlights The Importance Of Fossil Fuels

  Published 16 February 2021 | viewed 59,800 times

  The message that we need to electrify everything that currently uses fossil fuels to generate energy has become the dominant message of the energy transition.…

• Gas Prices Hit Another High Amid Blackouts

  Published 16 February 2021 | viewed 5,005 times

  After physical delivery gas prices hit $600 per million British thermal units in Oklahoma this past weekend, the commodity is now trading at $500 per…

• Jaguar Becomes All-Electric From 2025

  Published 16 February 2021 | viewed 1,603 times

  Jaguar will become an all-electric make from 2025, the chief executive of Jaguar Land Rover said in a strategic update. “By the middle of the…

• Shipping Is The Next Big Industry To Go Net-Zero

  Published 15 February 2021 | viewed 6,235 times

  When the International Maritime Organisation announced plans to significantly reduce the amount of sulfur ships were allowed to emit, the industry adjusted relatively quickly. After…

• U.S. Gas Prices Explode On Freezing Weather

  Published 15 February 2021 | viewed 32,522 times

  U.S. natural gas prices hit record highs last week after the temperature in many parts of the country fell far below forecasts. In Oklahoma, gas…

• Hundreds Of Fuel Tanker Trucks Explode At Iran-Afghanistan Border

  Published 15 February 2021 | viewed 8,896 times

  Several hundred fuel tanker trucks exploded at the Iranian-Afghan border this Saturday, injuring dozens of people and killing seven, The National reports, adding that the…

• Investors Are Looking Long Term In LNG Markets 

  Published 13 February 2021 | viewed 13,633 times

  This winter saw something that made exporters of liquefied natural gas very happy: a more than a 1,000-percent surge in LNG prices on the spot…

• China Imports 11.12 Million Bpd Of Oil In January

  Published 12 February 2021 | viewed 8,107 times

  China’s January crude oil imports averaged 11.12 million bpd, according to energy analytics company OilX. This was up by more than 18 percent, or 1.74…

• Russian Oil Giant Rosneft Sees Profits Slide 79% In 2020

  Published 12 February 2021 | viewed 2,467 times

  Rosneft reported a 79-percent drop in 2020 net profits to $2.2 billion (147 billion rubles), with its fourth-quarter result hitting a record high after a…

• Flying Taxis To Hit The Skies In 2024

  Published 11 February 2021 | viewed 4,038 times

  Remember the grubby flying taxi Bruce Willis drove in "The Fifth Element"? That was a very 90s view of the future. In reality, we may…