The electric car revolution is already underway, and if the long-term projections are even remotely close to accurate, the effects will ripple through every corner of the global economy. A Continue Reading
One would hardly expect an official from Obama’s administration, which has dedicated a lot of work to curbing the harmful effects of fracking on the environment and public health, to Continue Reading
The British government reported total first quarter production of natural reserves increased at the same time the country relied less on foreign imports. The government reported total production of all Continue Reading
Oil traded near the lowest close in a week as U.S. crude stockpiles unexpectedly increased, keeping supplies at the highest in at least three decades with the peak summer demand Continue Reading
Crude prices edged lower on Thursday as brimming U.S. and Asian fuel inventories returned investors’ attention to a large global supply overhang, cutting short a price rally and restricting Brent Continue Reading
Prices may ‘buckle’ in 2017 under growing glut, Citigroup says Increasing imports into EU, LNG supplies weighing on prices Even after three years, there’s still no sign that the slump Continue Reading
The price point for crude oil that would likely trigger action from major oil producers is around $35 per barrel, a Swiss-based market research group said The price for Brent Continue Reading
Fire ice Do you remember the peak oil hysteria from the early 2000s? Oil didn’t just not end, the world started pumping even more thanks to the shale revolution. Now Continue Reading
The Bai Hassan south station is back online, but key infrastructure remains damaged and a well fire is still blazing after two IS attacks in July and early August. IS Continue Reading
The Iraqi government is asking international oil companies operating in the country to continue to produce oil, but to get used to lower oil prices. Iraq’s oil minister Jabbar al-Luaibi Continue Reading
