The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. The Federal Reserve on Wednesday enacted its second […]
Biden went to Saudi Arabia to beg for oil, came away empty-handed, and ironically slammed the United States energy markets the very next day. Tuesday morning Amos Hochstien said in an interview on CNN the […]
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, […]
Today on the ENB podcast episode #65 we have Gregory Wrightstone stopping by and we covered the facts, and his book The Inconvenient Facts. This is the second time that I was fortunate enough to […]
The U.S. dollar has had an incredible run throughout 2022, appreciating against most major currencies as the world’s central banks continue to combat rising inflation. This year alone, the dollar is up 15% against the […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
The Biden administration’s plan to crack down on smog in the oil-rich Permian Basin threatens to curb crude production while gasoline prices are near record highs and energy scarcity grips the globe, the industry warned […]
Oil tankers that previously carried Iranian oil are switching to haul Russian crude, according to shipping analytics company Vortexa. Eleven of the tracked ships that previously carried Iranian crude have loaded Russian oil and products since April, […]
Devon Energy Corp. wrapped up its previously announced purchase of RimRock Oil and Gas LP on July 21, described by Devon as a “bolt-on” acquisition in the Williston Basin. Oklahoma City-based Devon had entered into a definitive […]
BlackRock Inc, the largest asset manager in the world, has confirmed a $1.7 trillion loss in the first half of 2022 as rife inflation and recession eat through financial markets. BlackRock Loses $1.7 Trillion in […]
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