The majority of polled analysts by Reuters expect oil to trade around $90 per barrel this year. WSJ: China’s economic recovery and U.S. shale growth are the two main drivers of volatility this year. Fears […]
To say 2022 was tumultuous is an understatement. War, inflation, climate disasters, market volatility: the past year was anything but business as usual for most. ESG, which had seemed firmly embedded in business, began to […]
Authored by Alex Kimani via OilPrice.com, British buyers are indirectly buying Russian crude refined by Indian refineries. High diesel prices in Europe and cheap Russian crude offer a window of opportunity for Indian refiners. Kpler: […]
US stocks spiked, with spoos rising above both the closely watched 200DMA and the descending channel resistance level, after Bloomberg reported that echoing the Fed, the ECB is also “starting to consider a slower pace […]
NewsEnergy South Africa is developing new legislation to speed up energy projects to add generating capacity and help end power cuts, a presentation seen by Reuters on Tuesday from the country’s energy crisis committee, showed. […]
January 17, 2023Data source: U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey Note: Btu = British thermal units In 2018, nearly one-third (32%) of the energy consumed by commercial buildings in the United States […]
Authored by Tsvetana Paraskova via OilPrice.com, OPEC Secretary General Haitham Al-Ghais has said that the group is cautiously optimistic about oil demand as China opens up again. The group believes that a stronger demand outlook […]
An international team of researchers has developed a novel way to store energy by transporting sand into abandoned underground mines. The new technique, called Underground Gravity Energy Storage (UGES), proposes an effective long-term energy storage […]
By Michael Every of Rabobank Yesterday was quiet due to the Martin Luther King Day holiday in the US. The trading that took place mostly saw bond yields and equities drift a little higher, neither […]
The green energy group behind a study cited in Consumer Product Safety commissioner Richard Trumka Jr.’s call to ban gas stoves has partnered with the Chinese government to implement an “economy-wide transformation” away from oil […]
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