President Donald Trump’s top economic adviser is expected to outline the administration’s proposals to reduce greenhouse-gas emissions while restating that its stance on the Paris climate accord has not changed, Continue Reading
As Hurricane Harvey battered southern Texas on August 27, the National Weather Service described it as “unprecedented”. There had been stronger storms before, but the torrential rainfall brought by Harvey Continue Reading
After six consecutive monthly gains, U.S. industrial production fell by 0.9 percent in August as Hurricane Harvey hit Gulf Coast refining, chemicals, and plastics materials production, the Federal Reserve said Continue Reading
In a talk he gave last week at the Society of Petroleum Engineers Offshore Europe conference in Aberdeen, BP CEO Bob Dudley said his company has cut production costs by Continue Reading
Oil prices ended unchanged Friday, as investors grappled with mixed signals for global supply and demand. Light, sweet crude for October delivery settled flat at $49.89 a barrel on the Continue Reading
WTI rose to its highest level in more than a month this week, hovering just around $50 per barrel. Brent surpassed $55 per barrel on Thursday, the highest level since Continue Reading
As the U.S. market begins its recovery from the double whammy served up by hurricanes Harvey and Irma, my earlier projections of where crude oil prices are headed have come Continue Reading
Global hunger is on the rise, affecting 11 percent of the world’s population, in part because of climate change, an annual report from the United Nations found. An annual State Continue Reading
Speaking alongside his Venezuelan counterpart, Iran’s oil minister said there was a general readiness for multilateral efforts geared toward market stability. A measure implemented by the Organization of Petroleum Exporting Continue Reading
Qatar’s resilience in the face of months of economic and diplomatic ostracization echoes in the ears of Saudi Arabia—a regional and religious leader running out of options in its quest Continue Reading
