Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity outages limit operators’ ability to […]
Diesel and gasoline markets are witnessing crack spreads in the $50-$60 per barrel range due to inventory stocks across the world being at record lows. The global oil demand recovery looks resilient as the final […]
Global diesel and gasoline markets are witnessing blowout crack spreads in the US$50-60 per barrel (bbl) range, reflecting a clear lag in the refining system to respond effectively and decide between supplying diesel or gasoline. […]
Global oil markets are reacting to news from Eastern Europe that Russia has retracted troops from the Ukrainian border. However, price relief may be short-lived as bullish factors remain, reckons consultancy Rystad Energy. In a […]
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1,200 gigawatts (GW) for the first time and investments climb to $36.3 billion, Rystad Energy research shows. As the energy transition […]
Oil markets experienced a degree of inflation immunity Thursday. That’s according to Rystad Energy’s Senior Oil Markets Analyst Louise Dickson, who noted that benchmarks rose despite the U.S. Federal Reserve’s announcement that an interest rate […]
As countries around the world seek to transition away from high carbon energy sources, investments in nuclear power are set to soar in the coming years While several states around the world are turning their […]
Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant. An analysis […]
US shale expenditure is set to surge nearly 20 percent next year as the industry recovers from the unprecedented volatility caused by the Covid-19 pandemic. Expenditure will leap to a predicted $83.4 billion in 2022, […]
For a glimpse of how much longer this year’s energy crunch is going to last, look no further than the European natural gas market. Forward prices have more than doubled over the past month, with […]
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