Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Oil prices are under pressure as the U.S. dollar continues to strengthen and fears of a higher-for-longer interest rate weight on demand expectations.Chart of the…
Russia's recent decision to restrict its diesel and gasoline exports has pushed oil prices higher, countering economic concerns sparked by the Fed's recent reiteration of its “higher…
Oil prices continued to climb on Tuesday morning as the EIA predicted a continued slowdown in U.S. shale production, adding to concerns about a tightening…
There appears to be no end in sight for the current oil price rally or for the bullish catalysts driving it as tightening supply combines with…
Oil prices are continuing to climb toward the $100 mark this week thanks to supply disruptions in Libya and expectations of a further U.S. inventory…
While Saudi Arabia's pledge to extend production cuts and Russia's pledge to extend export cuts may have made headlines, it is the continued inventory draws…
Oil prices jumped dramatically on Tuesday morning as Saudi Arabia announced it would extend its production cuts until the end of the year and Russia…
Bullish sentiment is building in oil markets as U.S. inventory levels continue to drop while OPEC+ production and export cuts are expected to be extended.Friday,…
Oil prices continue to trade sideways this week, with supply shocks being counteracted by continued macroeconomic pessimism.Chart of the Week- China has at last issued…
In a groundbreaking move, the Biden administration is set to hold its first-ever offshore wind auction in the Gulf of Mexico this Tuesday. Unlike previous…
Oil prices are on track for a weekly loss due to the prospect of new oil flows entering the market, but bullish fundamentals are helping…
Oil markets have been relatively subdued this week, with the prospect of Kurdish oil flows restarting adding some downward pressure to prices.Chart of the Week-…
Europe’s benchmark natural gas prices surged on Tuesday mid-day in Amsterdam as the market is closely watching whether LNG exporters in Australia will manage to…
This week, Johannesburg will play host to the 15th BRICS summit, a pivotal gathering of emerging economies – Brazil, Russia, India, China, and South Africa. …
America’s vast $369 billion green subsidy package nestled in Biden’s Inflation Reduction Act (IRA) set alarm bells ringing across Europe when it was unveiled a year ago.…
Becancour, a quaint Canadian town nestled along the St. Lawrence River, is not the kind of place you’d typically associate with a high-tech revolution. With…
Bullish sentiment is fading slightly in oil markets despite the production cuts from OPEC+ and global inventories being tapped.Friday, August 18, 2023While backwardation in oil…
Disappointing economic data out of China weighed on oil prices on Tuesday morning, with markets unsure if current government intervention is enough to rejuvenate the…
Uncertainty has returned to the oil market this week, with the recent oil price rally having stalled due to renewed economic concerns in China and…
A daunting list of key industries the world over is now wondering where their future supplies of helium will come from. What battery metals are…