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HomeEnergyNews

EnergyNews

Crude Oil News

Oil Set for Small Weekly Gain With Market Volatility Subdued

March 5, 2023 Mariel Alumit

​ Mar 3, 2023 (Bloomberg) Oil headed for a weekly gain as confidence in China’s recovery offset concern that US monetary policy is set to tighten further.West Texas Intermediate slipped below $78 a barrel, but is […]

EnergyNews

US natgas up 3% to 5-week high on record LNG feedgas, colder weather forecasts

March 4, 2023 Mariel Alumit

​ U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. liquefied natural gas (LNG) export plants set to hit a daily record high […]

Electric Vehicles

EU Seeks Trade Deal With US to Unlock EV Benefits

March 4, 2023 Mariel Alumit

​The European Union is seeking to clinch the outlines of an accord with the US as soon as next week that would give the bloc access to some benefits included in President Joe Biden’s massive […]

Crude Oil News

Oil Posts Weekly Gain as UAE Refutes Report of OPEC Exit

March 4, 2023 Mariel Alumit

​ Global benchmark Brent rose for a second consecutive week, getting a late boost from UAE officials denying OPEC exit plans.After wavering in the morning, crude’s rally was revived after state officials disputed a report from the […]

Oil
EnergyNews

U.S. Oil and Gas Rig Count Falls for Third week in a Row – Baker Hughes

March 3, 2023 Mariel Alumit

​ By Scott Disavino March 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since August, […]

Fossil
EnergyNews

Visualizing the Scale of Global Fossil Fuel Production – Visual Capitalist

March 3, 2023 Mariel Alumit

​ Courtesy of Visual Capitalist – See More From Visual Capitalist HERE The Scale of Global Fossil Fuel Production Fossil fuels have been our predominant source of energy for over a century, and the world […]

futures
EnergyNews

US natgas futures slip 2% from 1-month high on less cold forecasts

March 2, 2023 Mariel Alumit

​ That price decline came despite a monthly drop in gas output in February and an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants to near record highs as […]

EnergyNews

Tesla’s $310 Billion Surge Sets High Bar for Elon Musk’s Master Plan

March 2, 2023 Mariel Alumit

​Tesla’s stock tends to do well when the electric-car maker is growing like gangbusters and Elon Musk is thrilling fans about a brighter future. The chief executive officer has shaken off a forgettable 2022 of slower expansion and Twitter diversion by […]

Oil
EnergyNews

Oil Reverses Gains as Traders See Central Banks Staying Hawkish

March 2, 2023 Mariel Alumit

​Oil dipped after hot inflation data led traders to anticipate that central bankers are likely to stay hawkish for the coming months, offsetting hopes for higher demand from Asia.West Texas Intermediate dropped below $76.50, reversing earlier reached […]

Tesla
EnergyNews

Tesla to Build Northern Mexico EV Plant, AMLO Says After Musk Call

March 2, 2023 Mariel Alumit

​Tesla Inc. will build a new plant in Monterrey, Mexico, the nation’s president announced, ending weeks of speculation over where the electric-car maker would choose to operate in the country. The decision, which President Andres […]

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