CO2 can be electrochemically converted…
After a two year rally…
While there are some bullish…
Global LNG inventories may be at a record high amid weak demand but serious buyers are looking forward and sealing long-term supply deals to secure enough LNG for…
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 that oil markets are beginning…
Oil prices will return to above $80 per barrel in the second half of this year and could continue rising toward $90 due to a deepening supply deficit, Francisco Blanch,…
The June WTI crude oil futures contract witnessed fluctuations throughout the week, responding to various factors. Despite solid U.S. economic data that fueled a stronger dollar and raised expectations of…
1. OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment- OPEC+ compliance with its collective targets keeps…
Politics, Geopolitics & Conflict While the battle rages on in Sudan between the military and a paramilitary group called the Rapid Support Forces (RSF), the big question for oil market…
On Monday, the US Department of Energy announced that it will begin buying crude oil to restock the Strategic Petroleum Reserve (SPR), the level of which hit a multi-decade low…
With Turkey’s presidential and parliamentary elections heading into a run-off vote on May 28th, Erdogan has the new god of selective censorship (Elon Musk on his Twitter throne)…
Crude oil prices look set to record their first weekly gain since mid-April as sentiment about future demand improves amid signs there may be progress on the debt ceiling negotiations…
Over the past few years, Permian shale giant Occidental Corp.(NYSE:OXY) has become a darling of billionaire investors. Back in 2019, famous activist investor Carl Icahn bought a 2.5% stake in OXY…
Last month, we reported that energy experts have been growing increasingly bearish on the oil price outlook compared to previous sentiment. Four energy agencies including the IEA and OPEC…
Following a brief respite at the end of last week, the wildfires in Alberta began raging again this week as temperatures rose, threatening the oil sands operations in the province…
Oil prices shed 1% in Thursday morning trading over American debt and the prospects for a historic default, despite gains on Wednesday driven by demand optimism in the…
Latin America’s largest economy Brazil has experienced a massive oil boom over the last decade and a half that saw the country become the top regional and leading…
The United States and several other Western countries plus Ukraine are calling for increased surveillance for cracking down illicit ship-to-ship transfers of oil, which have soared since the embargoes on…
The much-touted second shale boom has lately been getting a reality check as equipment demand declines sharply, a worrying sign that drilling in U.S. shale energy regions is leveling off. …
Turkish President Recep Tayyip Erdogan has announced that the Black Sea Grain Initiative allowing for the export of Ukrainian grain through the country's Black Sea ports, has been extended…
In its latest Oil Market Report, the International Energy Agency forecast that global oil demand would hit 102 million barrels daily, driven by China, whose oil demand, according to…
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an inventory build of 5 million barrels for the week to May 12. At 467.6 million…
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…