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Month: March 2018

Category:
  • Europe
  • Transportation

Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

European car registrations increased by 4.2% to 1.16 million, 50,000 more than in February 2017. The results mark the highest February volume since 2008, when 1.19 million cars were registered, Continue Reading

Posted On : 26 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Oil Rises on Falling Supply, Prospects of Iran Sanctions

Oil prices closed at the highest level in eight weeks on Friday, lifted by declining global supply along with the possibility of fresh Iran sanctions. Light, sweet crude for May Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Oil Jumps as Trump’s Hawkish Appointment Trips `Bolton Premium’

Crude in New York posted biggest weekly gain since July Trump appointed John Bolton as national security adviser Crude posted its biggest weekly gain since July as the appointment of Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Crude ticks higher on OPEC cut extension talk; ICE Brent hits $70/b overnight, slips back to $69.02

Crude oil futures continued to tick higher in the European morning session Friday following comments from Saudi Arabia that the OPEC-led crude production deal would be extended and international trade Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Peak Oil

Sleepwalking Into The Next Oil Crisis

One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of electric Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Prices

Geopolitical risk drives oil prices higher

Concerns about war-drumming with the latest shake-up in the Trump administration send the price of crude oil higher in early Friday trading.  Geopolitical risk emerged Friday to drive oil prices Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Energy Demand

How Tariffs Dampen the Energy Boom

Is someone in the White House colluding with China? The Trump administration’s decision to impose tariffs on imported aluminum and steel lets China off the hook for its chronic and Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • OPEC

OPEC’s ministerial monitoring committee to meet on April 20 in Saudi Arabia

OPEC’s ministerial committee tasked with monitoring a deal with non-OPEC countries led by Russia to curb oil output by 1.8 million barrels per day until the end of this year Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Asia
  • Iraq

Asian interest in Iraqi oil sector grows with Shell exit

A decision by Royal Dutch Shell to boost its divestment strategy by leaving one of the larger oil fields in Iraq is a sign of investment risk, an analyst said. Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple
Category:
  • Nuclear
  • Saudi Arabia

U.S. Is Not Saudi Arabia’s Only Option For Nuclear Power

The United States is not Saudi Arabia’s only option when it comes to developing nuclear energy projects, Energy Minister Khalid al-Falih said during Crown Prince Mohammed’s two-week visit in the Continue Reading

Posted On : 24 Mar 2018 Published By : Tom Whipple

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