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Article Archive | Page 3

A Coal Stock Worth Buying?

May 17, 2024 at 09:53

Readers may have noticed that I don’t often write about coal stocks. That is because I try my best to be positive, and coal is a hard subject on which…

Oil Prices Remain Rangebound but a Breakout May Be Coming

May 17, 2024 at 08:53

Oil prices have remained rangebound this month, but falling inventories and a slowdown in U.S. inflation could provide the spark for a breakout.

A Green Way to Play 2024’s Bitcoin Boom

May 16, 2024 at 15:30

Before the bitcoin halving, many experts were forecasting disaster for the cryptocurrency. JPMorgan projected prices would drop to $42,000, saying the market was overbought. Others said any potential…

Saudis Fear Overheating Economy Could Slow Diversification from Oil

May 16, 2024 at 11:18

The world’s largest crude oil exporter, Saudi Arabia, is looking to prevent its economy from overheating and driving inflation higher as it aims to boost growth in its non-oil sector.…

Could Renewable Diesel Crush Oil Demand?

May 16, 2024 at 09:07

By John Kingston of FreightWaves With the benchmark diesel price used for most fuel surcharges down for the fifth week in a row,…

U.S. Fast-Tracks $2 Billion Military Aid for Ukraine

May 16, 2024 at 09:04

The United States is fast-tracking $2 billion in military aid for embattled Ukrainian forces, U.S. Secretary of State Antony Blinken said, as they struggle to stave off a…

The Space Race Desperately Needs to Be Regulated

May 16, 2024 at 08:58

The government will make sure Britain sets the global standard for regulating space technology and exploration, giving this growing sector the clarity and certainty it needs to thrive,…

Putin Meets With Xi Jinping As Sanctions Weigh on Russian Economy

May 16, 2024 at 08:51

Russian President Vladimir Putin will visit China for a two-day state visit where he’s set to press Chinese leader Xi Jinping for more support to sustain his country’s…

CME To Shake Up Bitcoin Market with Spot Trading Launch

May 16, 2024 at 08:49

The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times

Asian Refiners Diversify Away from Middle Eastern Oil

May 16, 2024 at 10:40

Asian refiners are reducing their intake of Middle Eastern oil in favor of crude from the United States and Brazil. The move comes amid shrinking margins and rising Saudi oil…

Banks Remain Financially Committed to Oil Despite Transition Shift

May 16, 2024 at 09:37

There is no large international bank without a net-zero plan. These plans invariably include curbs in lending to the oil and gas industry. Yet despite these plans. Most of the…

Are High Commodity Prices Becoming a Problem for the Fed?

May 16, 2024 at 08:45

About a month ago, HSBC Global Research noted a forecast for a "weak" bull market in commodities. New data shows that the US…

Traders Ditch Bullish Bets on Oil

May 15, 2024 at 12:42

A continuously fading war risk premium and signs that regional oil markets look well supplied prompted traders to slash last week their bullish bets on crude oil at the fastest…

Under-hedged U.S. Shale Patch Exposed To Falling Oil Prices

May 15, 2024 at 20:58

The oil price selloff appears to have run out of steam with oil prices finding a floor over the past week. Brent crude for June delivery was trading at $82.44…

Iraq Looks To Finish Phase 1 of CSSP Oil Megaproject by 2028

May 15, 2024 at 10:58

Perhaps more than any other single factor, the Common Seawater Supply Project (CSSP) is critical in enabling Iraq to dramatically increase its crude oil production. It was delayed for over…

How Iceland Became a Global Leader in Renewable Energy

May 15, 2024 at 09:24

Iceland is a world leader when it comes to renewable energy production, having long developed its natural resources to power a green revolution. The Nordic island nation is home to…

EU Courts Kazakhstan and Uzbekistan for Critical Raw Materials

May 15, 2024 at 09:22

Via Metal Miner Ramped-up offshore exploration for rare earth metals and minerals, vital components in sought-after products like hybrid vehicles and smartphone screens,…

North Korean-Iranian Military Cooperation Raises Alarm in the West

May 15, 2024 at 09:20

Iran and North Korea have a long history of working together to advance their respective military arsenals. Now, increased trade efforts between the two heavily sanctioned…

Eurozone Economy to Turn a Corner in 2024

May 15, 2024 at 09:17

The eurozone economy is expected to “turn a corner” in 2024 as faster growth in southern Europe will help offset continued stagnation in Germany, new forecasts from the…

Caspian Power Trio Aims to Electrify the European Union

May 15, 2024 at 09:15

Economic integration efforts among CentralAsian-Caspian Basin states are gaining momentum. Azerbaijan, Kazakhstan and Uzbekistan are developing a green energy plan to link their power grids with an eye…

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