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Signs Of Strong U.S. Fuel Demand Should Boost Oil Prices

Signs Of Strong U.S. Fuel Demand Should Boost Oil Prices

Both gasoline and diesel inventories…

$70 Oil Creates Opportunity In Canadian Oil Stocks

$70 Oil Creates Opportunity In Canadian Oil Stocks

Canadian energy stocks have been…

Energy / Energy-General

Signs Of Strong U.S. Fuel Demand Should Boost Oil Prices

May 17, 2023 at 09:02 | Tsvetana Paraskova

U.S. gasoline and diesel inventories are drawing down and sitting below the five-year average for this time of the year, pointing to resilient fuel demand and supporting both…

EU Unlikely To Agree To Permanent Shutdown Of Russian Gas Pipelines To Europe

May 17, 2023 at 08:23 | Charles Kennedy

The European Union is unlikely to agree to an idea to ban natural gas imports from the pipelines from Russia, where Moscow has already cut off the gas supply to…

Oil Prices Rise Amid Expectations Of A Tightening Market

May 17, 2023 at 07:01 | Tsvetana Paraskova

Oil prices reversed losses and edged higher early on Wednesday as analysts expect an increasingly tighter market balance later this year. As of 7:20 a.m. EDT on Wednesday, ahead of…

India Looks To Lock In Long-Term LNG Deals

May 17, 2023 at 03:07 | Tsvetana Paraskova

Major Indian natural gas importers are discussing long-term supply deals with the biggest LNG exporting countries to lock in future supply and avoid volatility and uncertainty in case of spot…

Bullish Messaging Bolsters Oil Prices

May 16, 2023 at 09:16 | Michael Kern

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 OPEC+ meeting.Investor Alert:…

Saudi Aramco Considers Another Stock Offering In Riyadh

May 16, 2023 at 08:46 | Charles Kennedy

Saudi oil giant Aramco is studying the feasibility of an additional stock offering in Riyadh, which could help the world’s biggest oil firm raise billions of U.S. dollars, Bloomberg

The New Iran-Syria Agreement Is A Geopolitical Win For China

May 16, 2023 at 08:35 | Simon Watkins

Crucial to China’s multi-pronged, multi-generational ‘One Belt, One Road’ power-grab project is the Shia Crescent of the Middle East. Dominated by Iran, China’s chief longstanding ally in the…

The IEA Says Russia Isn’t Cutting Oil Production As Promised

May 16, 2023 at 08:20 | Tsvetana Paraskova

Russia has failed so far to cut its oil production by 500,000 barrels per day (bpd) as promised, and it may even be looking to boost output to compensate for…

Why The Revival Of Nuclear Energy Is Good News For Russia

May 16, 2023 at 08:12 | Haley Zaremba

It seems increasingly likely that we are witnessing the dawn of a new nuclear era. After decades of decline in the West, a potent mix of climate goals…

IEA: Oil Bears Are Disregarding An Imminent Supply Shortage

May 16, 2023 at 07:19 | Tsvetana Paraskova

The decline in oil prices over the past few weeks contrasts with an expected tightening of the market later this year when demand exceeds supply by nearly 2 million barrels…

China’s Refinery Throughput Jumped 19% In April

May 16, 2023 at 02:14 | Charles Kennedy

In the latest sign that Chinese oil demand growth is not as reluctant as some indicators might suggest, refinery throughput in the Asian powerhouse came close to 15 million bpd…

Is The Next Commodity Super-Cycle Right Around The Corner?

May 15, 2023 at 10:53 | ZeroHedge

In recent years, commodity prices have reached a 50-year low relative to overall equity markets (S&P 500). Historically, lows in the ratio of commodities to equities have corresponded with the…

Will The EPA's New Power Plant Emissions Rule Make An Impact?

May 15, 2023 at 09:43 | Leonard Hyman & William Tilles

The Environmental Protection Agency (EPA) will try again to limit carbon dioxide emissions from power plants, having failed to do so during the Obama administration. Well, if at first you…

Saudi Aramco’s Disappointing Earnings Are The Least Of Its Problems

May 15, 2023 at 09:12 | Simon Watkins

It might appear counter-intuitive to characterise Saudi Aramco’s first quarter net income of SAR119.54 billion (US$31.88 billion) as bad but, in the context of what the company is,…

China Is Aggressively Expanding Its Influence In Latin America

May 15, 2023 at 08:55 | Matthew Smith

Washington views China’s attempts to aggressively expand its influence in Latin America with increasing alarm. Beijing is using its considerable economic clout as the world’s second-biggest economy to…

Two Charts That Explain U.S. Energy Independence

May 15, 2023 at 08:47 | Robert Rapier

Every time I address the topic of energy independence, it spurs a lot of interest. But people also get confused about the subject. In the

Russia’s Crude Oil Exports By Sea Continue To Climb

May 15, 2023 at 08:34 | Charles Kennedy

Russia’s crude oil exports by sea rose in the four weeks to May 12 to a new record-high and are now estimated to have increased by 10% from early April,…

Russia's Natural Gas Exports To Europe Have Slumped This Month

May 15, 2023 at 08:17 | Tsvetana Paraskova

Russia’s natural gas exports via pipeline to Europe have fallen by 11.4% so far this month compared to the average pipeline flows in April, estimates from Reuters showed on…

Oil Prices Sink As Economic Concerns Continue To Dominate Markets

May 15, 2023 at 02:22 | Irina Slav

Crude oil started trade this week with a decline, based on Asian trade data from earlier in the day, as traders’ worry about the state of the global economy trumped…

The Great Potential Of Tidal Energy

May 12, 2023 at 16:31 | Haley Zaremba

As the world begins to feel the urgency of the decarbonization imperative, more investing dollars and public support are available than ever before for renewable energy research and…

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