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U.S. Oil Rig Count Slips Again

U.S. Oil Rig Count Slips Again

The total number of total…

Could Canada Pass Something Similar To The Inflation Reduction Act?

Could Canada Pass Something Similar To The Inflation Reduction Act?

Canada’s Prime Minister Justin Trudeau…

Energy / Energy-General

U.S. Gasoline Prices See First Weekly Fall Of The Year

Feb 06, 2023 at 10:55 | Julianne Geiger

The average price for a gallon of gasoline in the United States saw a weekly fall for the first time this year, GasBuddy said in a Monday note, to $3.44…

Has Saudi Arabia’s Relationship With Russia Reached Its Limits?

Feb 06, 2023 at 10:24 | Simon Watkins

To many dedicated oil market watchers, last week’s decision by ‘OPEC+’ (the Saudi Arabia-led OPEC group of countries ‘plus’ Russia) to stick to its previously agreed oil production…

The EU Is Falling Behind In EV And AI Developments

Feb 06, 2023 at 09:07 | ZeroHedge

Let's discuss why the EU lags on artificial intelligence, electric vehicles, cloud storage, phone technology, and nearly everything else... Eurointelligence comments, “Europe is Losing the…

OPEC Secretary General: OPEC+ Deserves Credit For Oil Market Stability

Feb 06, 2023 at 03:51 | Tsvetana Paraskova

The OPEC+ group deserves to be given credit for the way it has handled oil market stability in recent months, OPEC Secretary General Haitham told Reuters on Monday. “Due…

U.S. Drilling Activity Continues To Slow

Feb 03, 2023 at 12:13 | Julianne Geiger

The total number of total active drilling rigs in the United States fell 12 this week, according to new data from Baker Hughes published on Friday. The total rig count…

The EU Needs More Diesel, But The Middle East Can’t Supply It All

Feb 03, 2023 at 11:31 | Tsvetana Paraskova

Europe has raised its imports of fuels from the Middle East and the United States in preparation for the EU ban on seaborne imports of Russian refined petroleum…

California’s High-Speed Rail Dreams Just Aren’t Feasible

Feb 03, 2023 at 11:03 | ZeroHedge

Well, it’s big in Japan…That is what proponents of California’s high-speed rail project say when asked about the whys and…

EU’s Nat Gas Cuts Likely To Spill Into Next Year

Feb 03, 2023 at 09:57 | Irina Slav

Europe is nearing the end of winter with record-high levels of natural gas in storage—news that has been appropriately celebrated in the media. Yet declarations that the crisis…

Oil Prices Under Pressure Despite Looming Fuel Embargo

Feb 03, 2023 at 08:20 | Michael Kern

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 Russian oil products could still…

Oil Prices Are Under Pressure

Feb 03, 2023 at 08:14 | Editorial Dept

U.S. West Texas Intermediate crude oil futures dipped on Thursday, putting the March futures contract in a position to finish lower for the week. Weaker-than-expected economic data and a rebound…

U.S. Oil Majors Are Outperforming Their European Counterparts

Feb 03, 2023 at 08:11 | Editorial Dept

1. US Oil Majors Pull Ahead of Their European Peers- As European oil…

Iran Vows Revenge For Drone Attacks

Feb 03, 2023 at 08:09 | Editorial Dept

Politics, Geopolitics & Conflict The above-mentioned attack on Iran’s Isfahan ministry of defense facility earlier this week was conducted using drone parts that Tehran claims were smuggled into Iran via…

How To Balance Your Energy Portfolio For 2023

Feb 03, 2023 at 08:07 | Editorial Dept

These days, I spend quite a lot of time teaching people about markets and trading and mentoring them as they start to invest their own money. Everyone is different in…

Geopolitical Risks On The Rise In The Middle East

Feb 03, 2023 at 08:03 | Editorial Dept

Much attention is now duly focused on the Middle East (again), with what is widely believed to be an Israeli attack on an Iranian armaments facility–the level of…

Oil Prices Set For Another Weekly Loss As Sentiment Shifts

Feb 03, 2023 at 01:50 | Irina Slav

After rallying at the start of the week, oil prices have offset their gains and are about to end the week with another loss as U.S. inventory data and rising…

Why Canadian Oil & Gas Will Remain Hot In 2023

Feb 02, 2023 at 15:27 | Alex Kimani

Last year, the U.S. energy sector emerged as the class valedictorian after it finished strongly in the green, the only of the country’s 11 market sectors to pull…

Global Battery Demand Is Soaring, But Supply Is Lagging Behind

Feb 02, 2023 at 10:14 | Felicity Bradstock

    There is an undeniable need for more electric batteries to be produced in line with the growing global demand for electric vehicles (EVs) and electronic devices.…

New Microbatteries Could Power Bug Sized Robots

Feb 02, 2023 at 10:01 | Brian Westenhaus

University of Illinois Grainger College of Engineering researchers have created a high-voltage microbattery (> 9 V), with high-energy and -power density, unparalleled by any existing battery design.…

The U.S. Is Facing A Major Challenge As Petrodollar Loses Force

Feb 02, 2023 at 09:28 | ZeroHedge

  On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There…

LNG Prices May Have Plunged, But A Rebound Is On The Horizon

Feb 02, 2023 at 09:05 | Tsvetana Paraskova

Spot LNG prices have plummeted in recent weeks, allowing price-sensitive buyers in South Asia to re-enter the market from which they were priced out last year amid sky-high…

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