Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
In a groundbreaking move, the Biden administration is set to hold its first-ever offshore wind auction in the Gulf of Mexico this Tuesday. Unlike previous…
Oil prices are on track for a weekly loss due to the prospect of new oil flows entering the market, but bullish fundamentals are helping…
Oil markets have been relatively subdued this week, with the prospect of Kurdish oil flows restarting adding some downward pressure to prices.Chart of the Week-…
Europe’s benchmark natural gas prices surged on Tuesday mid-day in Amsterdam as the market is closely watching whether LNG exporters in Australia will manage to…
This week, Johannesburg will play host to the 15th BRICS summit, a pivotal gathering of emerging economies – Brazil, Russia, India, China, and South Africa. …
America’s vast $369 billion green subsidy package nestled in Biden’s Inflation Reduction Act (IRA) set alarm bells ringing across Europe when it was unveiled a year ago.…
Becancour, a quaint Canadian town nestled along the St. Lawrence River, is not the kind of place you’d typically associate with a high-tech revolution. With…
Bullish sentiment is fading slightly in oil markets despite the production cuts from OPEC+ and global inventories being tapped.Friday, August 18, 2023While backwardation in oil…
Disappointing economic data out of China weighed on oil prices on Tuesday morning, with markets unsure if current government intervention is enough to rejuvenate the…
Uncertainty has returned to the oil market this week, with the recent oil price rally having stalled due to renewed economic concerns in China and…
A daunting list of key industries the world over is now wondering where their future supplies of helium will come from. What battery metals are…
Petroleum products accounted for the largest share, 57%, of the amount U.S. consumers spent on energy in 2021, as overall energy spending jumped by inflation-adjusted…
Crude oil prices are set to post a sixth straight week of gains on the back of a tighter market and easing recession fears. Friday, August…
Ukrainian security services and navy hit with drones a Russian Navy ship outside the Russian oil export port of Novorossiysk on the Black Sea. The Russian Navy…
After climbing by 13% in July, oil prices were dragged lower on the first day of August by further disappointing economic data out of China. Chart…
Deliveries of natural gas via pipelines to liquefied natural gas (LNG) export facilities in the United States hit a record high in the first half…
Oil prices are on course for yet another weekly gain, fueled in part by supply concerns and in part by growing optimism about a 'soft…
Oil prices have been slowly but surely edging higher in July as rising optimism around Chinese demand combines with supply concerns to boost bullish sentiment.Chart…
Local authorities in the Greater Manchester area in the UK have issued planning permission to UK energy infrastructure development company Carlton Power to build what…
Oil prices are on track for a slight weekly gain as traders grow cautiously bullish despite a strengthening U.S. dollar and speculation on another rate…