Authored by Charles Kennedy via OilPrice.com, A German economist has filed a lawsuit against OPEC with a Berlin court. Despite the paltry sum, the suit could end up costing OPEC more than it can afford. […]
Just Stop Oil protesters have blocked parts of the United Kingdom‘s busiest motorway for a second successive day, bringing rush-hour traffic to a standstill as they call for more government action to tackle climate change. […]
Publicly listed US oil and gas companies enjoyed an aggregate net income of over $200 billion for the second and third quarters of this year, according to a new S&P Global Commodity Insights analysis of […]
In October, home prices in Britain fell at the fastest monthly rate since February of 2021, as the real estate market continues to weaken in yet another example of fallout from the government’s economic plan. […]
Guangzhou and other major Chinese cities are seeing sudden sharp escalations in COVID-19 cases, sparking fears among investors that China will return to sudden and severe lockdowns that hamper economic activity. Official data released Tuesday […]
Former Lehman Brothers executive Lawrence McDonald has said in an interview that although the US dollar is riding high at the present moment, it may very well soon lose its coveted status as the world’s […]
Danish shipping company Maersk slashed its forecast for shipping container demand this year, as it warned that this week saw a collapse in demand for transport and logistics services. Maersk CEO Soeren Skou issued a […]
Despite governmental denials, rumors are spreading China may be about to make some major changes to its zero-Covid policy soon in an effort to boost economic confidence and more effectively open its economy back up. […]
A large drop in renewable energy output is forcing Spain to increase natural gas demand to generate electricity at a time Europe is in the worst energy crisis in a generation. Spain’s hydropower output has […]
The UK could receive billions of cubic metres of liquefied natural gas (LNG) as part of a major deal to be announced soon. Details of the “energy security partnership” will reportedly be revealed shortly after the end […]
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