When headline crude futures topped $70 a barrel on Tuesday, it was just the latest landmark in a banner year for raw materials. From copper to iron ore and oil, prices have rallied broadly in […]
Retail fuel supplies in the southeastern US are slowly returning to normal levels after panic buying drained storage following the cyberattack-induced shutdown of the Colonial Pipeline earlier this month. In Virginia the supply situation has […]
The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or […]
From: Global Forcast Key Dates May 16 – China industrial production data for April. Data for both industrial production and retail sales are expected to reflect a robust ongoing recovery in the Chinese economy, coming in […]
Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA did revise its demand projection downward. Oil prices rebounded on Friday after a midweek selloff. […]
Colonial Pipeline said Saturday that it has returned its systems to “normal operations” following the ransomware attack last week that forced the major pipeline to shut down. The company said on Twitter that it’s delivering […]
Energy News Beat Publishers Note (ENB): This is an excellent opinion piece from Bloomberg. The major issue is this re-distribution of resources would never happen in this day of regulations and political demands of no […]
Energy News Beat Publishers Note (ENB): While this is an excellent article, it is not showing how Iran had continued production around the sanctions. The production and oil field activity have shown that it had […]
A tight supply-demand balance in Europe’s gas and coal markets this summer has driven the two fuels to compete to be lower down in the generation stack. And a sustained rally in European emissions allowances […]
Scheduling and inventory systems remained offline as operators resumed physical service after nearly a week of outages across the 5,500-mile (8,850km) network. The outage left shippers with no way to redirect barrels to southeastern markets drained by panic […]
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