The Russia-UK poisoning row threatens to put renewed strain on the two countries’ deep-seated energy ties, illustrated by some of the first ever LNG shipments from Russia’s vast new Yamal Continue Reading
Oil prices dipped on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on markets. U.S. West Texas Intermediate (WTI) crude futures were Continue Reading
Crude oil prices slipped into negative territory early Monday, following big gains last week, as broader international trade concerns spill into commodities. Oil prices shot up more than 3 percent Continue Reading
Supply from U.S. shale basins seen rising 131,000 b/d in April WTI front spread near contango as Cushing stocks seen steadier Oil fell on speculation that growing shale production will Continue Reading
Hedge funds have resumed liquidating their bullish long positions in crude oil and refined fuels amid more signs that the earlier rally in prices has fizzled out. Hedge funds and Continue Reading
Earth scientists have been making the case for years that the present level of human activity is not sustainable. We’re rapidly depleting resources, degrading ecosystems, altering the atmosphere, etc. What Continue Reading
Oil prices fell Monday, weighed down by concerns about a rapid rise in U.S. crude output as cracks emerged in OPEC’s united front on output cuts. Light, sweet crude for Continue Reading
Iran and Saudi Arabia are at odds over what to do next with the OPEC agreement, a conflict that could sow the seeds of the agreement’s demise over the course Continue Reading
The Saudi government locked up hundreds of powerful businessmen and royals in the Ritz-Carlton hotel in Riyadh in what it said was a crackdown on corruption. Businessmen once considered giants Continue Reading
After months of tireless assurances by Riyadh officials that the Aramco listing is going according to plan and will take place as scheduled in the second half of this year, Continue Reading
