China is the world’s most populous country (1.4 billion people in 2020) and has a fast-growing economy. It was the largest energy consumer and producer in the world in 2020.1 We expect that China’s energy demand […]
The University of Texas at Austin may soon unseat Harvard as the wealthiest school in the U.S. How has it managed to do this? In a word: Oil. At a time when large sovereign wealth […]
This month, Australia’s third-biggest power provider EnergyAustralia revealed it had plunged to a $1.6 billion loss for the first six months of this year. Key points: Australia’s biggest power provider AGL on Friday reported a […]
Global oil markets face a high risk of a supply squeeze this year as demand remains resilient and spare production capacity dwindles, the new head of OPEC said. Fears over slowing consumption in China and […]
[Scene: Suburbia. A harried wife returning home from work. Angry slamming of a front door.] “I’m home! Where are you? What the hell is going on? Why is the garage full of cash? I can’t […]
The price of retail gasoline just dipped below $4 per gallon, AAA data showed on Thursday, but prices could rise to $5 per gallon by the end of the year, Goldman Sach’s Head of Energy […]
Many investors are looking at the crypto market and seeing a firesale. However legendary investor Jim Rogers is telling people there is one thing they need to be mindful of, which could make any investment […]
Gareth Leather, Senior Economist in the Emerging Asia team at Capital Economics, wrote a note to clients highlighting the enormous ramifications to the world economy from the Chinese military drills currently ongoing off the coast […]
Gasoline and oil prices should bounce back through the end of the year as the market still needs to balance rising demand and tight supplies, according to Goldman Sachs Group Inc. Brent oil futures could […]
German unit of refiner OMV: There is a run on fuels such as diesel and heating oil in the southern parts of Germany. Critically low water levels of the river Rhine constrain supplies. Due to […]
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