Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Amid expected higher demand at the start of the heating season, LNG imports into northwest Europe are expected to soar by 30% in November compared…
Shell plans to cut 15% of the 1,300 jobs in its Low Carbon Solutions business as it scales back some green energy ambitions and focuses…
Oil prices are under an increasing amount of downward pressure, but geopolitical risk and continued production cuts from OPEC+ have helped to halt a significant…
Oil markets have been heavily influenced by the U.S. this week, first by news it was lifting sanctions on Venezuela, then by reports it would…
Oil prices have fallen back slightly on the news that the U.S. plans to ease sanctions on Venezuela's oil exports, but geopolitical tension in the…
There are no plans for the creation of a natural gas cartel similar to the OPEC cartel in crude oil, Russia’s Deputy Prime Minister Alexander…
While oil prices had fallen back after soaring at the start of the week, signs that the U.S. is set to step up its sanctions…
Oil prices have been buoyed by the Hamas attack on Israel, with a heightened geopolitical risk premium in markets and growing concerns that the U.S.…
Germany is considering extending the price caps on gas and electricity prices until the end of the coming winter in March 2024, Reuters reported on Friday, quoting…
The ongoing work of the European Union on green energy regulations and laws risks being politicized ahead of the June 2024 EU elections, Virginijus Sinkevicius,…
With oil prices having crashed this week and demand concerns only mounting, it seems bullish traders will have to forget about triple-digit oil prices for…
ADNOC awarded $17 billion worth of contracts as it announced on Thursday the final investment decision to develop the Hail and Ghasha offshore gas project which the United Arab…
The United Arab Emirates (UAE), one of the world’s largest oil producers and exporters, launched on Thursday the UAE Wind Program with a project that…
The Asia Pacific region is poised to invest as much as $3.3 trillion in power generation over the next 10 years, half of which in…
Brazil will have its first energy exchange for power deals next year, which is expected to raise the volumes of energy-related financial products, the chief…
Oil markets lost some of their bullish shine at the start of October, with a strong dollar, worrying economic data out of Europe, and the…
West Texas Intermediate (WTI) is down well over 2% in Monday afternoon trading, with Brent crude down nearly 2% as well, after a week of…
OPEC’s crude oil production rose by 120,000 barrels per day (bpd) in September from August – the second monthly increase in a row – as…
Despite plenty of bullish catalysts, oil prices are meeting resistance every time they break above $95, with traders nervous that Saudi Arabia may unwind its…
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…