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HomeReuters

Reuters

Oil surges 7% amid warnings of Russian supply shortages
Crude Oil News

Oil surges 7% amid warnings of Russian supply shortages

March 17, 2022 Mariel Alumit

LONDON, March 17 – Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next […]

Nickel market in disarray after chaotic London return
Commodities

Nickel market in disarray after chaotic London return

March 17, 2022 Mariel Alumit

LONDON, March 16 (Reuters) – The London Metal Exchange had hoped to get the global market for nickel motoring again on Wednesday after a week in limbo. It didn’t work out as planned. The world’s […]

Putin - tells Biden he would review ideas.
ENB Pub Note

Putin moves on Donbass but signals deeper designs on Ukraine – Watch for annexation by force for the southern area around Crimea

February 23, 2022 Stu Turley

ENB Publisher’s note: Excellent incites from Mark Trevelyan from Reuters below. Everything is starting to show that Putin is going to annex the southern part of Ukraine just over Crimea. This will get Russia access […]

Drilling Fracking Rig counts increasing - ENB
Crude Oil News

US Drillers Add Oil, Gas Rigs for Seventh Week

February 19, 2022 Stu Turley

This week, U.S. energy firms added oil and natural gas rigs for a seventh week in a row for the first time since February 2021 after crude prices this week soared to their highest since […]

M&A in the Permian -ENB
Finance

Permian Driller Colgate Is Said to Explore $5 Billion Sale

February 16, 2022 Stu Turley

Colgate Energy, a private equity-backed energy explorer in the Permian Basin that’s been preparing to go public, is also considering a sale after getting takeover interest, according to people familiar with the matter. The company […]

U.S. Shale Production Hindered By Sand Supply Crunch
Exploration and Production

U.S. Shale Production Hindered By Sand Supply Crunch

February 16, 2022 Stu Turley

U.S. shale drillers will be eager to boost production as oil prices near $100 per barrel, but a looming frac sand shortage may stop them. Combined with rising labor costs, a potential trucker shortage, and […]

Canada's shift to net-zero emissions likely to drive higher inflation - ENB
Energy Policy

Canada’s shift to net-zero emissions likely to drive higher inflation

January 16, 2022 Mariel Alumit

(Reuters) – Solar-powered homes, electric tractors and hydrogen-cell trucking fleets: Canada has big net-zero ambitions, but getting there will require trillions of dollars in investment and will likely fuel hotter inflation for years to come, […]

EU Drafts Plan to Label Gas and Nuclear Investments as Green -ENB
Climate Crisis

EU Drafts Plan to Label Gas and Nuclear Investments as Green

January 2, 2022 Mariel Alumit

ENB Publishers Note: The messaging is just hitting the mainstream media. Natural Gas and Nuclear were adopted by COP26, and also in the United States, Infrastructure Bill and our research team called the new labeling […]

In gasoline-guzzling U.S., high pump prices can be political poison -ENB
Commodities

Explainer: In gasoline-guzzling U.S., high pump prices can be political poison

November 22, 2021 Mariel Alumit

President Joe Biden launched an aggressive attack on gasoline prices last week, enlisting China and other nations in a possible joint release of oil reserves, and sharpening a probe into oil giants’ pricing. The efforts […]

Pumpjack - Midland Texas
Crude Oil News

Goldman calls oil’s recent fall excessive, reiterates $85 forecast

November 22, 2021 Mariel Alumit

The recent declines in oil prices were “excessive” given that the oil market remains in a deficit, Goldman Sachs said, adding that it reiterates its $85-per-barrel forecast for the fourth quarter. Oil prices came off […]

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