Oil prices on Friday slipped away from December-2014 highs reached the previous day. Although analysts and traders have been warning of the risks of a downward price correction since the Continue Reading
Oil prices are expected to remain close to current levels, averaging around $60 to $70 per barrel through the end of the decade, according to the annual survey of energy Continue Reading
Oil prices rose about 1 percent to three-year highs on Thursday, pushing the global Brent benchmark past $70 a barrel, on further signs of tightening supply in the United States Continue Reading
U.S. Energy Information Administration, Short-Term Energy Outlook, January 2018 EIA’s January Short-Term Energy Outlook forecasts Brent crude oil to average $60 per barrel (b) in 2018 and $61/b in 2019, Continue Reading
U.S. oil prices are treading water above $US 60/B (WTI) again, the first time since 2015. Crude oil has a northerly wind in its sails, though everybody on board this Continue Reading
Brent recently hit $70 per barrel and WTI surpassed $64.50 , and oil executives from the Middle East to Texas no doubt popped some champagne. The big question is whether Continue Reading
The EIA released the latest version of its Short-Term Energy Outlook (STEO), in which the agency dramatically revised up its expectations for U.S. oil output. Previously, the EIA thought the Continue Reading
Global offshore wind capacity will grow sixfold to 115 GW by 2030 from a current base of almost 18 GW, according to the latest forecast by Bloomberg New Energy Finance. Continue Reading
Waivers of U.S. sanctions targeting oil exports up for renewal Trump’s scorn for Iran nuclear deal damping energy investment World oil markets are about to get a clearer idea of Continue Reading
Jitters ahead of President Trump’s decision on oil-related sanctions for Iran and high global demand pushed oil prices ever close to $70 per barrel on Thursday. Crude oil prices are Continue Reading
