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HomeCommodities

Commodities

Commodities

Biden Bans Imports of Russian Oil, Natural Gas

March 8, 2022 Stu Turley

President Biden banned imported oil and other energy sources from Russia to punish the country as it intensified its military campaign in Ukraine, a move that will add pressure to already record U.S. gasoline prices […]

Commodities

Oil jumps to $130 with U.S. and U.K. set to ban Russia imports

March 8, 2022 Mariel Alumit

(Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant Shell Plc announced it will also halt purchases from the country. Brent crude […]

Commodities

Is Big Oil Overselling Its Energy Transition Efforts?

March 7, 2022 Andy Del Prado

February has been a month marked by explosive reports revealing sweeping greenwashing campaigns by the fossil fuels industry. As the dust settles from the first waves of the novel coronavirus pandemic, investigative watchdogs are taking […]

Elon Musk - If he gets it - it has to be right -ENB
Commodities

Too little, Too late and in the wrong direction. How will the the actions of the U.S. administration will hurt investors and consumers?

March 7, 2022 Stu Turley

A friend told me that his dad lost his four best friends in dog fights over the skies of North Vietnam during the Vietnam War in the F4 Phantom. A common term was “Buckle Up, […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Commodities

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol

March 6, 2022 Stu Turley

‘Plenty of twists and turns to come,’ says Vitol’s Muller Vitol’s views echo those of Wall Street banks such as Goldman Global oil markets could tighten even more with Russian flows being disrupted and producers […]

Australia is one of the world’s top exporters of coal.
Coal

Coal Runs Hot as Russia-Ukraine War Risks Europe’s Climate Agenda

March 5, 2022 Mariel Alumit

The war in Ukraine scrambled global energy markets, with one especially unloved commodity—coal—enjoying a renaissance as European countries look again at the dirty fuel to establish energy independence from Russia. A surge in a benchmark thermal coal […]

Germany is among the European nations poised to be hit the hardest by any energy disruptions as it relies more on Russian imports.
Commodities

Europe Fears It Could Be Too Late to Shake Off Russian Gas Addiction

March 5, 2022 Mariel Alumit

Russian President Vladimir Putin’s war in Ukraine has jolted Europe’s slow-moving efforts to wean itself off Russian natural gas, but time is running out, threatening to leave consumers cold and factories idle by next winter. Whether the Kremlin […]

Oil rigs in the Cook Inlet oil field of Alaska.
Climate Crisis

Oil and gas lobbyists are using Ukraine to push for a drilling free-for-all in the US – is it the right thing to do?

March 5, 2022 Stu Turley

ENB Publishers note: We like to hear all sides of any discussion. This opinion piece from The Guardian is an interesting viewpoint from the anti-oil point of view. Personally, I believe that we need to […]

Commodities

Will the commitment last from the U.S. importers of Russian oil? Russia can’t find buyers and is lowering prices, but what will it do to world oil prices?

March 4, 2022 Stu Turley

When things could not get any worse in the world’s energy crisis, Putin has successfully pushed the crisis to a whole new level. As I have talked about in the past few weeks, the hypocrisy […]

Bloomberg - JPMorgan says 185 oil is in view if Russian Supply hit persists
Commodities

JPMorgan Says $185 Oil Is in View If Russian Supply Hit Persists

March 4, 2022 Stu Turley

66% of Russian oil is struggling to find buyers currently Oil prices have surged above $110 as buyers shun Russia output Brent crude could end the year at $185 a barrel if Russian supply continues […]

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