Oil Prices Have Never Been Cheaper Compared With Gold: Chart
Times are getting tougher in the Hathut household, so father Mohammad is looking for extra work and the three kids are being told to switch off the lights to cut Continue Reading
Stock Prices Sink in a Rising Ocean of Oil
The world is awash in crude oil , with enough extra produced last year to fuel all of Britain or Thailand. And the price of oil will not stop falling Continue Reading
We Might Have Finally Seen Peak Coal
Chinese coal use peaked back in 2013, as Climate Progress first reported in May. Since China was responsible for some 80 percent of the growth in global demand since 2000 Continue Reading
Iran Nuclear Deal to Be Implemented Saturday, Says Foreign Minister Javad Zarif
Iranian Foreign Minister Javad Zarif holds a news conference in Tehran on Jan. 6. Iranian Foreign Minister Javad Zarif said a historic nuclear deal reached last summer between Iran and Continue Reading
Iran Mulls Bartering Oil, Other Changes Once Sanctions Are Lifted
Iranian officials, concerned about selling a flood of new oil exports on the cheap, said they are studying options such as bartering the country’s crude for European goods, investing in Continue Reading
Iran oil headed for India, Europe, with sanctions lifting
The T.I. Europe Ultra Large Crude Carrier’s (ULCC) movements off the shores of Malacca over the past year are seen on an Eikon ship-tracking screen in Singapore in this picture Continue Reading
Analyst sees ‘rising threat’ to Libyan oil
Attacks on energy facilities on Libya’s coast indicate a “severe and rising threat” and raise prospects for further disruptions to oil supply, warns a risk analyst at JLT Specialty , Continue Reading
Russian warplanes carry out more than 5,000 sorties for airstrike mission in Syria
Russian warplanes have carried out 5,662 sorties for airstrike mission in Syria in the 100 days since the start of operations, said an official with the Russian Defense Ministry Friday. Continue Reading
Saudi Arabia: A Weak Kingdom On Its Knees?
The great Kingdom of Saudi Arabia – the long-time dictator of crude oil prices for the world – is struggling on all fronts. The Saudis are losing their proxy wars Continue Reading
American Airlines writes off $592 million trapped in Venezuela
American Airlines Group Inc on Tuesday said it has written off more than half a billion dollars in revenue stuck in Venezuela because of currency controls. American, the world’s largest Continue Reading