Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Two U.S. investment funds have formed a joint venture to invest in Venezuela's oil industry. The funds, Gramercy Funds Management and Amos Global Energy, will…
Russia’s lower house of parliament approved on Tuesday amendments in the country’s tax code that would slap a windfall tax on Gazprom of the equivalent…
Despite serious supply problems in the market, oil prices crashed on Tuesday morning due to renewed recession fears and the prospect of demand destruction. Whilst…
Amazon’s Jeff Bezos has taken a swipe at President Biden after the latter lashed out at fuel retailers, blaming them for high prices at the…
Russia has improved the quality of its flagship Urals crude grade in the past two months, making it lighter and sweeter, and even more attractive…
Ecuador's state-owned oil company Petroecuador declared force majeure across exploration, production, and transportation operations amid escalating protests against the government. This means that exports of…
Oil prices plunged on Friday morning as fears of a recession outweighed growing geopolitical threats to supply.Oilprice Alert: This month's Intelligent Investor column, now available for Global…
Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert.…
Domestic supplies of gasoline and diesel in the United States are dwindling as record volumes of fuel are being exported from the Gulf Coast, BNN…
In a stark departure from tradition whereby American presidents refrained from talking about the value of the American dollar in order to avoid shaking up…
As earnings season starts off, all eyes are on major U.S. banks who have emerged from the pandemic into a brand new reality that has…
Aside from the tragic human casualties and infrastructure devastation, Ukraine is facing a massive economic crisis that the World Bank estimates will shrink the country’s…
There is an eternal debate among various experts as to when globalization actually started; whether it was with the Silk Road, the Vikings, Columbus's voyage,…
The Russian government is reportedly considering seizing and nationalizing the assets of foreign companies exiting Russia due to its invasion of Ukraine. Seen as retaliation…
The idea to restrict or ban exports of U.S. crude oil and liquefied natural gas (LNG) is the “stupidest thing,” ConocoPhillips chief executive officer Ryan…
Confusion over asset valuation as oil prices are on their wildest ride in history over Russia’s invasion of Ukraine has put some deals in the…
The United States has confirmed that it is in talks with European allies to potentially sanction Russian crude oil in response to Moscow's ongoing aggression…
Natural gas flows from Russia to Germany via the Yamal pipeline stopped in the westward direction on Thursday, according to data from the Gascade pipeline…
Oil prices appear to be on an unstoppable march toward $100, with Ukraine sending troops into Ukraine, OPEC failing to hit its production targets, and…
Oil prices could jump by up to another $20 per barrel if the Russia-Ukraine crisis escalates further, according to Bank of America (BofA) Global Research.…