ENB Publishers Note: $CL currently trading at $52.47, finding a large block of volume at $52.40. Stocks back on normal drop dates (CL Wed @ New York — An unexpected US gasoline draw supported RBOB futures […]
Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s crude oil. The result is likely to be booming trade on the beaches of Bangladesh, India and Pakistan, where obsolete […]
Energy News Beat Publishers Note: Bloomberg has access to great data, but we are seeing from other sources that the number will be much higher. They will not be under the OPEC+ quota, but rather […]
Upon assuming office Wednesday, President Joe Biden swiftly signed several executive orders, effectively unwinding a ream of energy policies instituted by the Trump administration. Biden made repeated overtures during his campaign to fight climate change, […]
The country with the largest proven oil reserves in the world, clocking in at a whopping 299,953,000,000 barrels of proven oil, is currently suffering a fuel shortage so great that it is being viewed by […]
Energy News Beat Publishers Note: We absolutely love our Canadian neighbors, and Heidi and Terry are no exception. We have had the privilege’s of working with them on a couple of podcasts episodes and really […]
Iran has achieved record high exports of petroleum products despite U.S. sanctions, Oil Minister Bijan Zanganeh said in televised remarks on Friday. Zanganeh said former U.S. President Donald Trump and his secretary of state, Mike Pompeo, had “joined the dustbin […]
Apex International Energy, which is backed in part by UK energy investment firm Blue Water Energy, has announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The […]
The Port of Corpus Christi saw a 65% increase in crude shipments in 2020 to 96.4 million mt, leading to a record tonnage throughput of 159.7 million mt in a year that saw immense volatility […]
Friday trading session ends with a lull as major indices retreat from all time highs. The broad equity benchmark dipped 0.3% to 3,841.47 after closing at a record in the previous session. The Nasdaq rose […]
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