ENB Publishers Note: As we have talked about for years, spoofing and doping of oil and LNG cargos make it easier to get around sanctions. Places like California and the New England areas buy large […]
Oil prices fell more than $3 in early trade on Monday on prospects of a drop in fuel demand in China after authorities in Shanghai said they would shut the country’s financial hub for a […]
Yemen’s Houthi group said on Saturday it was suspending missile and drone strikes on Saudi Arabia for three days, in a peace initiative it said could be a lasting commitment if the Saudi-led coalition fighting […]
Oil demand is growing, and is expected to outpace pre-pandemic levels this year, according to global energy trading giant Vitol, which sees oil demand growth continuing to grow over the next decade. Meanwhile, however, limited […]
The UK’s offshore energy industry has welcomed a speech by Boris Johnson warning that it would be “crazy” to shut down North Sea oil and gas production in the face of global shortages and price spikes. The […]
ENB Publishers Note: Sanctions do not weigh heavy on Putin’s mind. Simply put, sanctions don’t work. With China and India buying oil at $85 per barrel, this will provide the cash flow he needs to […]
Retail prices for gasoline and diesel have increased significantly following the start of Russia’s further invasion of Ukraine on February 24. The average U.S. regular retail gasoline price increased 22 percent from $3.53 per gallon […]
A proper price for oil and gas would allow investors to earn returns on their capital while also accounting for the effect carbon emissions have on the planet. The damage from fossil fuels is real, […]
ENB Publishers Note: Kern County in California is one of the best oil fields in the United States. It is mind-blowing that California has imported 20% of its oil from Iran even though there were […]
From April, three million barrels per day of Russian oil production could be shut in as sanctions take hold and buyers shun exports. That’s according to the International Energy Agency’s (IEA) latest oil market report, […]
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