The Sky May Hold the Secret to Efficient Air Conditioning
An unconventional approach to cooling sends heat to the cold sky. Air conditioning accounts for almost 15 percent of all energy use by buildings in the United States. One way Continue Reading
Oil Prices Rise on Hopes Glut Will Ease
Oil prices rose on Friday after a top energy monitor said that prices might have bottomed on hopes that falling supply would help alleviate the global glut of crude. The Continue Reading
Oil Heads for Fourth Weekly Gain as U.S. Fuel Demand Strengthens
Oil headed for the longest run of weekly gains since May amid signs of rising U.S. fuel demand and easing crude production. Futures climbed as much as 2.7 percent in Continue Reading
Oil jumps as yuan hits 2016 high; investors put fresh cash into oil
Oil prices jumped on Friday supported by fresh investment and a weaker dollar, which makes fuel cheaper for importers using other currencies, but analysts warned that a stronger price rally Continue Reading
Oil Prices Slide on Lower OPEC Expectations
Oil prices fell Thursday as expectations ebbed that major producers would agree on an output freeze. Prices have climbed in recent weeks on signs that large producing nations, including members Continue Reading
Oil edges lower after Kuwait dents hopes for output freeze
Oil prices edged lower on Tuesday after Kuwait said it would only agree to an output freeze if all major producers take part and Goldman Sachs analysts poured cold water Continue Reading
OPEC-Russia Oil Coalition Struggles With Its Very First Step
A month after promising co-operation that would re-balance global oil markets, the producer coalition forged by Saudi Arabia and Russia is having difficulty taking its first step. OPEC members and Continue Reading
Gas price tumble comes as markets are increasingly interlinked
Energy investors cheered by oil’s recent rebound should take heed of natural gas. E The commodity has been in free fall. In east Asia, gas prices assessed by Platts have Continue Reading
Oil meeting on output freeze unlikely without Iran progress: sources
A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources familiar with the matter say, as Continue Reading
Oil under threat from stealthily building gasoline stocks
Gasoline stocks building on both sides of the Atlantic could undercut a sustained recovery in oil prices, as crude’s 30 percent rise in the last month is partly based on Continue Reading