Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Oil prices were up early on Tuesday morning, but both WTI and Brent remain on course for a fourth consecutive monthly loss, although there are…
After an initially subdued reaction to yet another crude oil build in the U.S. on Thursday, oil prices fell on Friday morning as bearish sentiment…
More than a dozen U.S. states raised gasoline taxes in the second half of 2022 and in 2023, and many states ended their fuel-tax holidays…
Germany plans to have as much as 70.7 million tons per year of LNG import capacity by 2030, which will make Europe’s biggest economy the…
The U.S. benchmark natural gas price plunged on Tuesday by as much as 10% to the lowest level since September 2020 due to milder weather…
Investor Alert: With markets reopening after U.S. President's day, our oil & gas investment specialist David Messler has identified a major opportunity. U.S. shale giant…
The number of attacks with gunfire or vandalism on the U.S. power grid infrastructure surged last year and is likely to continue rising this year,…
Russian crude oil exports by sea surged by 26% to 3.6 million barrels per day (bpd) in the week ending February 17, the highest level…
The spread between WTI and other benchmarks is widening as several bearish factors combine in the United States to push prices lower.Oilprice Alert: In a rare…
A Spanish city on the northern coast of Africa between the Mediterranean and the Atlantic Ocean, notorious for being a drug-trafficking hub, has become a…
Barclays on Wednesday said it would no longer provide financing to oil sands companies or oil sands projects and tightened conditions for thermal coal lending…
The combined income of the global oil and gas industry surged to nearly $4 trillion last year, up from an average of $1.5 trillion in…
In what is set to be the first major supply disruption of 2023, Russia has announced a 500,000 bpd voluntary production cut due to growing…
Shipments of Azeri crude oil from the southern Turkish port of Ceyhan are not expected to be restored until late next week, as assessment of…
Oil prices could return to the $100 per barrel mark in the second half of 2023 on the back of rising Chinese demand and expected…
Despite a relatively underwhelming rebound in Chinese demand, oil prices were pushed higher at the start of this week by the embargo on Russian oil…
U.S. supermajor Chevron has increased efforts to reach an energy exploration agreement with Algeria and is assessing the North African country’s estimated huge shale gas…
Russia’s budget revenues from oil and gas plunged in January by 46% compared to the same month last year due to the sanctions on Russian…
Europe’s benchmark gas prices were set to post a 6% weekly gain on Friday, the biggest gain since early December, due to expected colder temperatures…
Oil prices are under pressure from a slew of bearish news coming out of the United States this week, but the looming EU embargo on…