Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
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…
Europe’s benchmark natural gas prices rose in the early afternoon in Amsterdam as lower wind speeds across Europe are set to reduce wind power generation…
Oil prices have stabilized after Monday's drop-off, with traders expecting a draw in both U.S. crude and product inventories - expectations that will be confirmed…
One of OPEC’s largest producers, Kuwait, plans to boost its crude oil production capacity to 3.15 million barrels per day (bpd) within four years, from…
Wind and solar power generation will continue surging to the point of accounting for more than one-third of global electricity by 2030, up from 12%…
Bullish sentiment has been growing in oil markets this week, with inflation in the U.S. slowing dramatically and markets tightening on the back of supply…
The governments of Iran and Iraq have agreed on a gas supply deal that will see Iraq receive more gas from its neighbor for power…
Oil prices have been slowly moving higher in recent weeks as bullish sentiment begins to build on the back of Saudi Arabia's supply cut and…
Nigeria, OPEC’s largest producer in Africa, aims to significantly increase its oil production to up to 1.7 million barrels per day (bpd) by November 2023,…
The number of Saudi supertankers carrying oil and sitting offshore Egypt increased again on Friday, according to vessel tracking data monitored by Bloomberg, after signs emerged…
Oil prices are set for a second consecutive weekly gain but the upside remains limited due to continued economic concerns.Friday, July 7th, 2023Oil prices are…
New Mexico regulators have fined a Texas-based oil and gas company with more than $40 million for violating emissions standards and air quality rules. The…
A significant decline in U.S. oil inventories provided a firm floor for oil prices this week, but economic concerns are capping any significant rise.Oilprice Alert: Whether…