Strikes and blockades have already disrupted most of France’s oil refineries France is braced for further disruption to its energy supplies as workers at oil refineries, nuclear power stations, ports Continue Reading
Shale oil tower The energy sector was certainly a bargain in January, but no one really knows where oil will be around Christmas. While we may have already seen the Continue Reading
U.S. oil prices traded at their highest level in seven months on Wednesday after an industry group reported a larger-than-expected decline in U.S. crude inventories last week. The American Petroleum Continue Reading
Oil extended its advance to near $50 a barrel as weekly U.S. industry data showed crude stockpiles declined, easing a glut. Futures rose as much as 1.7 percent in New Continue Reading
Crude oil drips from a valve at an oil well operated by Venezuela’s state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas Continue Reading
We begin by looking at some of the critical figures and data in the energy markets this week, which show that oil markets have remained steady, with global outages continuing Continue Reading
NEW YORK—U.S. oil prices rose to a new 2016 high Tuesday on expectations that continued supply disruptions would help reduce the oversupply of crude. Light, sweet crude for July delivery Continue Reading
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures had Continue Reading
Shale Gas Enthusiasts believe that shale gas is simultaneously cheap, abundant and profitable thus defying all rules of business and economics. That is magical thinking. The recently released EIA Annual Continue Reading
One of the biggest drivers of climate change is the on-going development of third world nations. Around the globe, countries that have spent centuries with economies largely built on subsistence Continue Reading
