The US must go beyond talking about changes to permitting if it wants to meet an expected shortage of copper needed for an energy transition, Richard Adkerson, chairman and CEO of US copper producer Freeport-McMoRan, […]
China’s appetite for domestic oil consumption may remain subdued for an extended period following the rising number of confirmed COVID-19 cases, but analysts and trade sources told S&P Global Commodity Insights Nov. 28 that the […]
Oil futures were on track Thursday to tally back-to-back declines as China’s zero-COVID policy continued to dull the outlook for energy demand. Natural-gas futures bucked the downtrend for the energy sector as U.S. government data […]
State-owned oil and gas giant PetroChina forecasts that China’s natural gas demand growth in 2022 may be the lowest annual rate on record — and possibly even negative — as high LNG prices, sluggish economic […]
With the global economy in crisis, more oil and gas production is needed, a top US envoy said Oct. 31, sharing a stage with Saudi and UAE energy ministers, who defended the recent decision by […]
U.S. diesel consumption bounced back with a vengeance from its Labor Day dip and surged well above the levels of the last few years. That’s what energy and environmental geo-analytics company Kayrros noted in a […]
Crude oil futures were higher in mid-morning Asian trade July 15, shrugging off rangebound trading over the past two sessions, as investors weighed conflicting signals of deteriorating macroeconomic fundamentals and a still tight oil market. […]
Crude oil futures were higher in mid-morning Asian trade July 13, trimming losses after a plunge of more than 7% overnight as the near-term outlook weakened considerably amid COVID-19 curbs in China and weakening sentiment […]
Crude oil futures were higher in mid-morning Asian trade June 8 as anticipation that an EU ban on Russian oil would tighten supply overshadowed reports of an inventory build in the US. At 10:18 am […]
HIGHLIGHTS UK government not ruling out windfall tax Shanghai’s economy reopening uncertain Oil prices firmed in early Europe trading May 23 amid a tight market with low stocks, US fuel demand, and as Shanghai prepares […]
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