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Article Archive

Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June

Apr 24, 2024 at 15:21

Oil prices have held steady week on week despite a significant inventory build in U.S. crude two weeks ago, which was countered by a draw in U.S. crude…

China Is Winning The Race for Affordable EVs

Apr 24, 2024 at 11:35

While U.S. and European automakers struggle with weaker demand for electric vehicles, China is churning out a growing number of small and cheap EVs that are taking over the domestic…

$2-Trillion Funding Gap Casts Shadow over Energy Transition

Apr 24, 2024 at 10:30

Investments in the energy transition are falling way short of what is needed for its success. The fresh warning comes from BlackRock, which said annual investments in the shift away…

What to Expect From Xi Jinping's Upcoming Eurotrip

Apr 24, 2024 at 09:23

Chinese leader Xi Jinping will visit Hungary, Serbia, and France on a high-profile tour in early May, marking his first trip to Europe since the…

China's Steel Market Tactics Under Scrutiny as Steel Demand Increases

Apr 24, 2024 at 09:19

Via Metal Miner New China tariffs may soon change the country’s steel market tactics. China continues to sit on a stockpile of steel,…

Fossil Fuels Hit All-Time Low in UK Electricity Generation

Apr 24, 2024 at 09:17

Fossil fuels have provided the lowest amount of UK electricity for a one-hour time period on record.

Central Asian Economies in Limbo As China Fails To Find Its Feet

Apr 24, 2024 at 09:12

China’s fiscal woes are likely to drag on economies across the Caucasus and Central Asia over the next two years, the World Bank is forecasting

China's Capital Flight Could Fuel Bitcoin’s Next Rally

Apr 24, 2024 at 09:07

Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since…

Reuters Estimates: Russian Oil and Gas Revenue to Double in April

Apr 24, 2024 at 10:26

Higher oil prices are expected to double Russia’s oil and gas revenues in April compared to the same month last year, according to Reuters calculations based on data from…

Oil Moves Higher on Inventory Draw

Apr 24, 2024 at 09:37

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an estimated decline of 6.4 million barrels in inventories for the week to April 19. This 

Nuclear Tensions Rise as Poland Offers Territory for NATO Warheads

Apr 24, 2024 at 09:05

Poland has upped the nuclear rhetoric with Russia, on Monday suggesting NATO nuclear warheads could soon be positioned on its territory. It comes amid general NATO euphoria in the wake of the…

Trafigura: EVs, AI And Clean Energy to Massively Boost Copper Demand

Apr 23, 2024 at 18:26

The electric vehicle, Artificial Intelligence (AI), power infrastructure and automation boom will drive at least 10 million metric tons of additional copper demand by 2035, Swiss multinational commodity trading company…

Texas Deepwater Oil Export Projects Stall

Apr 23, 2024 at 16:48

Slowing U.S. crude oil production growth and changed global oil flows have stalled projects by pipeline giants and oil majors to have deepwater ports built off the Texas coast to…

How Iraq Continues To Trick Washington

Apr 23, 2024 at 13:48

Back in 2020, a senior Washington-based lawyer who has long worked closely with the U.S. Treasury Department exclusively told OilPrice.com that: “Just like Pakistan was with Al Qaeda and us, we know…

Four Big Mistakes in Deregulating the Electricity Industry

Apr 23, 2024 at 12:16

When policymakers both here and abroad deregulated and restructured the electricity industry they made four big mistakes. And we are still living with them.    Number 1: The architects of deregulation,…

India Emerges as a Major Exporter of Solar Panels

Apr 23, 2024 at 09:39

Rystad Energy’s latest data reveals renewable energy installations in India surged to a record 7.1 gigawatts (GW) in March, more than doubling the previous record of 3.5 GW…

Ukraine Looks to Turn the Tide Against Russia with Fresh U.S. Aid

Apr 23, 2024 at 09:36

The impending $60 billion aid package for Ukrainian in the United States is not coming a moment too soon. The situation on the front has been so dire…

IMF Praises UK's Digital Infrastructure for AI Readiness

Apr 23, 2024 at 09:34

The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits…

Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

Apr 23, 2024 at 09:03

Over the weekend, as part of the $95 billion package providing funding for aiding Ukraine, Israel and Taiwan which passed by a vote of 360-58 on Saturday, the…

Tesla Investors Brace for Worst Financial Report in 7 Years

Apr 23, 2024 at 09:19

Tesla is slated to report earnings today and, as FT notes, investors are bracing for the "worst results in 7 years" from the…

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