U.S. Secretary of State Rex Tillerson will host foreign ministers from Arctic nations at a summit in Alaska on Thursday, where President Donald Trump’s reluctance to fight climate change will Continue Reading
Source: U.S. Energy Information Administration, Power Plant Operations Report The generation fuel mix of electricity in the Northeast Census division of the United States has shifted dramatically over the past Continue Reading
A move to open up parts of the Atlantic to oil and gas activity by the Trump administration went against regional interests, a letter shows. The U.S. Interior Department said Continue Reading
A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. Oil prices edged up on Tuesday, driven by anticipation that Continue Reading
After yesterday’s monthly EIA report, and tomorrow’s monthly OPEC report, the weekly EIA inventory report acts as the filling in this energy data sandwich. While have to wait until next Continue Reading
Global oil demand will exceed supply in the second quarter, and even more so until the end of the year, if OPEC extends the production cuts, according to Neil Atkinson, Continue Reading
As pessimism sweeps over the oil market, a few prominent voices are unbowed, arguing that the market is well on its way towards balance. Goldman Sachs’ head of commodities Jeff Continue Reading
Decline in fuel inventories is accelerating, says Jeff Currie Supply deficit to expand even more if OPEC extends cuts: IEA Oil is trading near $50 again, OPEC seems to be Continue Reading
Saudi Arabia’s energy minister Khalid al-Falih tried to put the markets at ease by all but confirming that OPEC would extend its production cuts through the end of the year. Continue Reading
When it comes to the oil market, the narrative over the past year, ever since OPEC’s first aborted its meeting last April, has been just one: limit crude supply in Continue Reading
