Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Oil prices rose by nearly 2% early on Tuesday after the Saudi energy minister warned short sellers to “watch out” and as seasonal demand for…
Strong demand for oil products is helping to drag oil prices higher, although the risk of a U.S. default and the upcoming OPEC+ meeting are…
China’s coal imports from Australia rose by 75% on the month in April as the country regains its taste for high-quality thermal coal, Bloomberg has…
India’s spot purchases of crude oil from the Middle East have fallen in recent months, as cheaper Russian spot barrels are making their way to…
While it may still be too early to say if sentiment in oil markets has completely shifted, signs that the U.S. will avoid a default and…
Bullish messaging from the IEA and the unexpected launch of U.S. SPR repurchases have bolstered oil prices today, limiting the downside ahead of the next…
Bearish sentiment has continued to build in oil markets this week despite OPEC boosting its outlook for Chinese demand and the Biden administration hinting that…
Supply-side disruptions and promising fundamentals appear to be unable to shake the recession fears that continue to weigh oil prices down. While several banks and…
While a rebound in oil prices on Friday morning may have stopped this from being one of the worst weeks for oil in recent memory,…
With earnings season in full swing, big players like Exxon, Halliburton and Baker Hughes have posted strong results despite lower crude prices in Q1. Friday,…
Valero Energy (NYSE: VLO) beat analyst expectations as it reported on Thursday that first-quarter earnings more than tripled from a year ago as refining margins…
It is now safe for TotalEnergies to restart work on the $20-billion Mozambique LNG project, Mozambique's President Filipe Nyusi said on Wednesday, but the French…
Oil prices dropped early on Wednesday after another banking sector scare and after U.S. consumer confidence fell for the third time in four months. As…
The Transandino oil pipeline was bombed on Sunday, Ecopetrol has announced, noting that the 85,000-bpd piece of infrastructure was not carrying oil at the time.…
The leaders of some of Europe's biggest economies are set to pledge to turn the North Sea into an offshore wind, hydrogen, and carbon capture energy…
Argentina is planning to boost its lithium exports to 200,000 tons over the next three years, expecting revenues to hit $5.6 billion by 2025, Mining.com…
The world's second-largest lithium producer, Chile, plans to nationalize the lithium extraction industry, Chilean President Gabriel Boric said this week, adding that future contracts would…
While oil prices rebounded slightly on Friday morning, they remain on course for a weekly decline. Worrying economic data in the U.S. and the expectation…
The world's largest toy maker, Lego, and pharmaceutical giant Novo Nordisk have reached a deal with renewable firm European Energy to procure methanol produced from…
Concerns about power shortages could force China to rely more on coal to keep grids stable amid the growing demand for electricity, including from the…