Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
A larger-than-expected inventory draw and a major winter storm in the U.S. this week pushed oil prices higher, although fears of further monetary tightening have…
Oil markets have been relatively quiet this week, with muted trading in both Europe and the Americas ahead of Christmas. - For the first time since…
Russia is training Belarussian pilots to fly combat jets with “special warhead” capabilities, Belarusian state-controlled media announced during Russian President Vladimir Putin’s visit to the…
Russia is still considering its response to the $60 price cap on its crude oil, but it is close to completing the work on the…
Oil prices have been pushed lower by interest rate hikes from both the Bank of England and the ECB, but there are still plenty of…
Europe could be on track for the second-highest monthly imports of diesel in at least six years as it prepares for the embargo on Russian…
Trade and supply chain barriers continue to slow progress in U.S. solar power expansion, despite the Inflation Reduction Act (IRA) which was designed to boost…
Oil prices were higher on Tuesday morning as hopes of China reopening combined with news that the consumer price index had climbed by less than…
Russia was shipping more than 3 million barrels per day (bpd) of crude oil to Asia in the week to December 9, the week in…
Oil prices have been reluctant to climb higher this week despite multiple bullish catalysts. It seems that traders are increasingly unwilling to risk their profits…
Oil prices are set to post a significant gain this week as China appears to be easing its Covid restrictions, This increase in oil prices…
The average gasoline price in the United States dropped this week to a level last seen in early February, before the Russian invasion of Ukraine…
OPEC could make another production cut on Sunday to further support prices, and if they do not, they will likely “insinuate” that cuts are coming…
Joint venture partners APA Corporation and TotalEnergies have declared the Awari exploration well offshore Suriname “noncommercial” in a rare disappointment for investors in a block…
Oil prices rebounded on Tuesday morning as speculation of another OPEC+ cut combined with hopes that China would respond to protests by easing its Covid…
Italy would need another four LNG import facilities if it wants to have energy security and enough supply of natural gas, Claudio Descalzi, chief executive…
The Governor of Tokyo, Yuriko Koike, has advised citizens to wear turtlenecks and scarves to keep warm during this winter, saying they “will make you…
Colombia could reconsider a campaign pledge from its newly-elected leftist President Gustavo Petro to stop new oil and gas exploration licensing in the country, according…
China’s diesel exports nearly doubled in October from a year earlier, although they were lower than in September, Chinese customs data showed on Friday. Last…
Some large Indian refiners, both private and state-owned, haven’t placed orders to buy Russian oil loading after December 5, the day on which the EU…