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Article Archive | Page 5

Europe's LNG Ambitions Face Reality Check

Sep 12, 2024 at 06:36

Europe may have already seen peak LNG demand and a large part of its expanding LNG import infrastructure could become stranded assets by the end of the decade,…

IEA Slashes Oil Demand Growth Forecast

Sep 12, 2024 at 07:11

The International Energy Agency (IEA) said on Thursday that global oil demand growth has markedly decelerated and is set for just 900,000 barrels per day (bpd) in 2024…

Lower Oil Prices Are Fueling China’s Import Spree

Sep 12, 2024 at 05:10

China imported in August the highest monthly volume of crude oil for a year as purchases increased with the fall in international oil prices when cargoes were contracted.  …

Kamala Harris’ Real Stance on Fracking

Sep 11, 2024 at 12:29

Recent US presidential elections are at least consistent. Two in a row have been fabricated pileups of oil and gas disinformation. The first, in 2020, was simple, political prevarication. Under…

OPEC Production Policies Could Complicate Relationship with Big Oil

Sep 11, 2024 at 17:55

OPEC and its partners from Central Asia and Russia earlier this month delayed a rollback in production cuts agreed in 2023 to stem the decline in oil prices. This means…

Demand Concerns Dictate Oil Prices Amid Stable Supply

Sep 11, 2024 at 13:31

The oil market has shown remarkable resilience to geopolitical risks in recent months, with the conflicts in Ukraine and the Middle East having little impact on prices of late.   …

Can Namibia Unlock Its Vast Oil Reserves?

Sep 11, 2024 at 13:50

Namibia, once considered a frontier market in the energy sector, is rapidly emerging as a potential oil powerhouse. Recent discoveries in the country's offshore Orange Basin, particularly the Venus and…

Clean Energy's Next Trillion-Dollar Business

Sep 11, 2024 at 08:13

The global renewable energy sector is growing at a breakneck pace as world leaders invest record amounts in expanding clean energy technologies and infrastructure. The International Energy Agency…

Oil Markets Are Ignoring Imminent Production Cuts By 3 OPEC+ Members

Sep 11, 2024 at 15:00

Oil prices edged higher in Wednesday's intraday session, with Brent crude for November delivery up 2.12% to trade at $70.66/barrel at 14:46 hrs…

Middle Corridor Trade Route Fuels Warehousing Boom in Central Asia

Sep 11, 2024 at 08:11

Central Asia these days is frequently associated with shortages in a bad way – shortages of heat and electricity

China's Carbon Trading Market to Encompass Steel and Aluminum Sectors

Sep 11, 2024 at 08:07

Via Metal Miner   It has been in the works for some time now. China is finally all set to add industrial metal…

Layoffs Loom as Volkswagen Fights for Survival

Sep 11, 2024 at 08:09

As discussed earlier today, Germany's economy is slowly but surely sinking, whether or not Mario Draghi's proposal to flood Europe in new debt…

Strict ESG Rules Undermine Europe's Industry Competitiveness

Sep 11, 2024 at 08:04

The European Union has the world's most rigorous Environmental, Social and Governance (ESG) regulations and the most ambitious decarbonization and net-zero targets. But the EU's approach to ESG…

Goldman Sachs: RBOB Gasoline Sees Open Interest Surge As Storm Looms

Sep 11, 2024 at 08:01

Tropical Storm Francine churned off the Texas Gulf Coast early Tuesday with sustained winds of 65 mph. The storm is expected to strengthen into a hurricane later today…

Oil Moves Lower as EIA Confirms Small Crude, Gasoline Build

Sep 11, 2024 at 09:38

Crude oil prices went down today after the Energy Information Administration reported an estimated inventory build of 800,000 barrels for the week to September 6. This compared with…

Rising Oil Supply Emerges as Top Concern for Crude Traders

Sep 11, 2024 at 08:39

Rising global oil supply appears to be on top of the list of concerns for oil trading giants and industry analysts, according to the speakers at the Asia Pacific…

WTI Oil Price Nears 3-Year Low Ahead of Trump-Harris Showdown

Sep 10, 2024 at 14:53

Oil prices tumbled over 4% today, reaching a 3-year low as trader sentiment continued to sour ahead of tonight's highly anticipated U.S. Presidential debate between Donald Trump and…

Guerilla Attacks on Pipelines Threaten Colombia’s Oil Production

Sep 10, 2024 at 17:53

For more than a year, oil producers in Colombia worked with little worry that a pipeline explosion or another act of sabotage would interfere with their activities. Now,…

Is Copper A Winning or Losing Bet Right Now?

Sep 10, 2024 at 12:37

The red-hot copper rally has cooled off in recent weeks, with prices pulling back from their May all-time high to close…

Is it Finally Time for the EU to Ban Russian LNG?

Sep 10, 2024 at 08:34

Russian liquefied natural gas continues to be shipped to Europe even though we have a readily available source from our ally across the Atlantic. For Europe’s energy security…

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