The New Alaskan Oil Rush
ConocoPhillips is coming off of an incredible exploration season, reportedly the best they’ve had in over a decade, and they have Alaskan oil to thank for it. The company stuck Continue Reading
Renewables Are Booming In Oil Country
Renewables have been the fastest-growing sources of energy worldwide – and we’re seeing solar power coming in first as the fastest-growing source altogether. Tech companies in particular have been embracing Continue Reading
Facing shipping constraints, Canada moving oil one truckload at a time
At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border Continue Reading
Smothered by Smog, Polish Cities Rank Among Europe’s Dirtiest
High atop the ski lift at Zar Mountain in southern Poland, the villages below disappear. At first, they seem obscured by morning fog. But the yellow haze does not lift. Continue Reading
Oil Shrugs Off Trump Tweet to Rise for a Second Straight Week
Oil rose for a second straight week as OPEC’s commitment to rebalance the market and geopolitical risks to global supplies overshadowed U.S. President Donald Trump’s tweet on “artificially Very High” Continue Reading
Crude oil prices break from rally mode
With the U.S. president trying his hand at influencing commodity markets, the price of oil turned lower on Friday after a steady streak of gains. Crude oil prices are up Continue Reading
Hedge funds raise bullish bets on U.S. crude oil
Hedge funds and money managers raised bullish wagers on U.S. crude oil in the latest week, data showed on Friday, as prices rose with the risk of global supply disruptions Continue Reading
Trump’s Claim of ‘Oil All Over the Place’ Isn’t True Anymore
U.S. President Donald Trump’s assertion that OPEC is propping up oil prices amid oversupply and an excess of floating storage has a problem: it’s only half true. While OPEC has Continue Reading
Trump Slams OPEC For Manipulating Oil Prices
Oil prices reversed gains and dipped early on Friday after U.S. President Donald Trump tweeted that oil prices are “artificially very high” and “will not be accepted”, the day after Continue Reading
Can $80 Oil Be Justified?
Oil prices could reach $80 a barrel in April, although such a price would not be justified by market fundamentals, Russia’s Energy Minister Alexander Novak said on Friday. Asked whether Continue Reading