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Article Archive | Page 2

The Swiss Connection: How Russia Is Weathering Tough Sanctions

May 17, 2022 at 12:06

A couple of weeks ago, Putin went on record calling the war in Ukraine a "tragedy" and claiming that economic sanctions imposed on…

How China Is Attempting To Control Middle East Oil Chokepoints

May 17, 2022 at 13:28

Oman occupies an extraordinarily significant geographical position in the world and thus is of equally significant political importance to the two global power blocs: the U.S. and its…

Steel Demand Is Taking A Beating As China Lockdowns Persist

May 17, 2022 at 10:04

The ascent for U.S. steel prices faltered as HRC, CRC, and HDG prices began to fall in early May. Plate prices also took…

Oil Markets Are Bracing For A Slew Of Bullish News

May 17, 2022 at 12:48

Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com's

German Industry Boss: Cutting Off Russian Gas Would Be “Catastrophic”

May 17, 2022 at 10:00

As we detailed yesterday, almost two months after Europe rushed to declare it would impose unprecedented sanctions on Russia in response to Putin's invasion of…

A New Railway Could Transform Trade And Transport In The Gulf

May 17, 2022 at 10:00

Following delays, the long-awaited GCC Railway looks likely to be revitalized, a move that could transform trade and connectivity across the Gulf. The project was given…

Turkey Demands Concessions From Sweden And Finland Ahead Of NATO Bid

May 17, 2022 at 09:55

In fresh Monday comments, Turkish President Recep Tayyip Erdogan issued his firmest words of rejection yet concerning Finland and Sweden's announced bids to join NATO. Over…

Russian Oil Production Falls Almost 9% In April Amid Ukraine War

May 17, 2022 at 09:43

Russia’s crude oil production plunged by almost 9 percent in April to average just 9.16 million barrels per day (bpd), more than 1 million below the country’s quota in the…

Oil Hits Eight-Week High Amid Hopes Of Recovering Chinese Demand

May 17, 2022 at 08:39

Oil prices rose above $114 a barrel early on Tuesday, reaching the highest level in eight weeks, amid a tight global fuel market and expectations that Chinese demand will start…

Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65

May 16, 2022 at 11:51

A key factor in the upper band of the benchmark crude oil trading ranges over the past weeks is market concern over a ban of Russian oil exports…

The Real Reason Gasoline And Diesel Prices Are So High

May 16, 2022 at 11:06

Oil prices are a common topic of conversation around the office water cooler these days. As you might expect, perspective matters. The folks at the Halliburton, (NYSE: HAL),…

Is Energy Security More Important Than Climate Change?

May 16, 2022 at 10:37

Europe is racing to build LNG import terminals despite setting increasingly ambitious emission reduction targets. India cannot get enough coal, and it's not the only one. And Big…

Energy Prices Soar As The UK Battles A Cost-Of-Living Crisis

May 16, 2022 at 10:34

Soaring energy prices are hitting UK households and energy providers in a market that has realized that the cost-of-living crisis in Britain is not going away soon and…

Europe’s Economic Outlook Is Looking Bleaker By The Day

May 16, 2022 at 10:33

Russia’s invasion of Ukraine is generating fresh headwinds that will choke the European economy, reveal official forecasts published today. Surging energy prices caused by concerns over…

Political Crisis Could Thwart Georgia’s Bid For EU Membership

May 16, 2022 at 10:30

On May 10, Georgian Prime Minister Irakli Garibashvili formally handed over a seven-volume tome to the European Union’s ambassador in Tbilisi, Carl Hartzell. Together with another weighty document…

Tin Supply Is Running Dangerously Low

May 16, 2022 at 10:18

Despite a strong rebound in output, the tin market is still dangerously short on supply. How will this affect the tin price forecast? Experts are rushing to weigh…

Highest Ever U.S. Gasoline Prices Aren’t Destroying Demand

May 16, 2022 at 10:02

U.S. gasoline demand is not going down despite record-high gasoline prices, which have been beating previous all-time highs on a daily basis in the past two weeks. As of May…

Germany to End Russian Oil Imports Whatever EU Decides

May 16, 2022 at 09:26

Germany is upping the ante in its confrontation with Russia, saying that it will end Russian oil imports by the end of the year, whether or not the EU agrees…

China’s Oil Demand May Rebound If Shanghai Reopens In June

May 16, 2022 at 08:58

Shanghai is expected to return to more or less normal life as of June 1, the deputy mayor of China’s financial hub with 25 million residents said on Monday—and…

Aramco Books $40 Billion Q1 Profit On Oil Rally

May 16, 2022 at 08:14

Saudi Aramco reported a net profit of $39.5 billion for the first quarter of the year on the back of increasingly strong crude oil prices. The figure represented an…

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