Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar President Biden’s efforts to push oil-importing countries to […]
Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the temperature starts to drop. A super price spike in […]
Energy News Beat Publishers Note: There may be a dip in demand on the fear of the new variant B.1.1.529. That being said, the Texas Department of Health posted the following on their website. I […]
Oil prices erased losses and jumped on Tuesday morning following the SPR release announcement Despite the seemingly big number, 50 million barrels, the U.S. release actually equals around two and a half days of American […]
President Joe Biden launched an aggressive attack on gasoline prices last week, enlisting China and other nations in a possible joint release of oil reserves, and sharpening a probe into oil giants’ pricing. The efforts […]
ENB Publishers Note: Releasing oil from the STRs of multiple countries will have an inverse effect on the long-term markets. Releasing the STRs that were purchased at lower price points will give the countries that […]
Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S. cargoes to the region boosts demand for ships. The cost of chartering a […]
After much anticipation, the U.S. House approved a bipartisan $1.2 trillion infrastructure spending package last week, sending it to President Joe Biden’s desk to sign. Although no single lawmaker got everything they wanted, I believe […]
ENB Publishers Note: Using the strategic reserves won’t help a thing. This problem has been caused by 20 years of bad energy policies. That is like a term band-aid that is put on a wet […]
New nitrogen plant in the Netherlands was delayed by pandemic Gasunie analyzes impact of the delay in nitrogen production Natural gas production at the giant Dutch field Groningen may be temporarily increased because of construction […]
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