Oil extended gains as Iraqi exports via Turkey remain disrupted amid a dispute with Kurdish authorities, while an industry report showed a decline in US stockpiles. Brent crude traded above $79 a barrel, while West […]
“April natural gas contract trades below $2 into expiration… as it struggled under the weight of a towering South Central regional storage surplus and (as) thinning trading volumes drove increased volatility risks,” analysts at […]
Gulf offshore drilling operationA U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years […]
Authored by Mike Shedlock via MishTalk.com, Germany has hit a brick wall on clean energy, postponing a ban on internal-combustion automobile engines. Let’s start there… EU Drafts Plan to Allow E-Fuel Combustion Engine Cars Reuters […]
Three large barges, one carrying 1,400 tons of methanol, were wedged against a dam and partially submerged, on the Ohio River in Louisville, Kentucky, following their detachment from a tugboat. The Louisville Metropolitan Emergency Services […]
March 29, 2023 Data source: U.S. Energy Information Administration, Drilling Productivity Report, Monthly Crude Oil and Natural Gas Production Report, and Natural Gas Monthly U.S. natural gas production grew by 4% (4.9 billion cubic feet […]
The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied to join the BRICS grouping following the groups decision to allow new members earlier this year. The BRICS currently […]
A new report published by the AidData research lab at Virginia’s College of William & Mary sheds some light on the usually nontransparent practice of Chinese bilateral emergency loans. The researchers that also hail from the World Bank, […]
UK-headquartered oil and gas company Kistos is considering embarking on further drilling activities to boost output from its assets in the Dutch sector of the North Sea while evaluating the results of its recent drilling […]
Dow Jones futures rose solidly early Wednesday, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) and Lululemon Athletica (LULU) headlined earnings overnight. The stock market rally attempt had slim losses Tuesday, but […]
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