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The Problem With Converting CO2 Back Into Fuel

The Problem With Converting CO2 Back Into Fuel

CO2 can be electrochemically converted…

Is Lithium Set For Another Bull Run?

Is Lithium Set For Another Bull Run?

After a two year rally…

A Plethora Of Bearish Factors Push Oil Prices Down

A Plethora Of Bearish Factors Push Oil Prices Down

While there are some bullish…

Energy

The Race To Secure Long-Term LNG Contracts

May 19, 2023 at 08:53 | Irina Slav

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…

Oil Prices Climb As Bullish Sentiment Builds

May 19, 2023 at 08:29 | Michael Kern

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…

Bank Of America Sees Oil Prices Heading Toward $90 This Year

May 19, 2023 at 08:13 | Tsvetana Paraskova

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,…

Bearish Sentiment Keeps Traders From Going Long On Crude

May 19, 2023 at 05:33 | Editorial Dept

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…

Oil Majors Face Tough Choices Ahead Of Shareholder Meetings

May 19, 2023 at 05:31 | Editorial Dept

1. OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment- OPEC+ compliance with its collective targets keeps…

Russia And Iran Plan To Challenge The Suez Canal With New Trade Corridor

May 19, 2023 at 05:28 | Editorial Dept

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…

Why The Market Didn't React To The Latest SPR News

May 19, 2023 at 05:25 | Editorial Dept

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…

Why Erdogan Is Expected To Win Turkey's Presidential Runoff

May 19, 2023 at 05:23 | Editorial Dept

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)…

Oil Prices Set For Their First Weekly Gain In A Month

May 19, 2023 at 02:15 | Irina Slav

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…

Is Warren Buffett’s Favorite Energy Stock Overhyped?

May 18, 2023 at 16:12 | Alex Kimani

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…

Oil Price Predictions Have Become Oddly Polarized

May 18, 2023 at 13:29 | Alex Kimani

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…

Alberta Wildfires Threaten Canada’s Oil Sands Production

May 18, 2023 at 11:06 | Charles Kennedy

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 Fall Again As Wall Street Sees Threat Of Historic Default

May 18, 2023 at 09:45 | Tom Kool

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…

Wil Government Intervention End Brazil’s Oil Boom?

May 18, 2023 at 09:01 | Matthew Smith

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…

U.S. And Allies Want More Surveillance To Curb Illicit Oil Transfers

May 18, 2023 at 07:00 | Tsvetana Paraskova

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…

Shale Drillers Are Auctioning Off Rigs at Bargain Basement Prices

May 17, 2023 at 13:00 | Alex Kimani

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. …

Erdogan Confirms Extension Of Black Sea Ukraine Grain Deal

May 17, 2023 at 11:52 | RFE/RL staff

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…

The 2023 Oil Demand Conundrum

May 17, 2023 at 10:50 | Irina Slav

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…

Oil Inches Down As EIA Confirms Crude Build

May 17, 2023 at 09:42 | Irina Slav

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…

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…

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