Heavy Canadian crude continued to trade at record levels in the US Gulf Coast Tuesday, buoyed by what market sources said was the combination of collapsing Venezuelan exports, the prospect Continue Reading
American gas prices could double by 2040 as the U.S. exports more liquefied natural gas, but consumers will be shielded as production of the fuel increases and trade balances improve. Continue Reading
PARIS (Reuters) – Oil and gas major Total said on Tuesday that 3.5 percent of its petrol stations in France had run out of fuel on the second day of Continue Reading
Norwegian energy company Equinor said Tuesday its Johan Castberg field could be profitable so long as the price of oil is about $35 per barrel. The Norwegian Parliament approved the Continue Reading
German utility E.ON said Tuesday it was making its solar energy debut in Texas with plans for a 670-acre site in the west region of the state. E.ON announced plans Continue Reading
These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. Continue Reading
Oil prices rose for a second day on Tuesday and volatility subsided to its lowest in three weeks, as investors prepared for a key meeting of the OPEC producer group Continue Reading
Global oil demand growth was a much heralded sidekick to supply cuts that rebalanced the market in record time. Now the Saudi Arabia-Russia pronged pact is considering reversing course on Continue Reading
Crude oil prices turned lower in early Monday trading amid broad-based economic concerns over the fallout from weekend meetings of the G7 in Canada. Testy post-conference comments from U.S. officials Continue Reading
Oil prices were little changed on Monday as comments from the Iraqi oil minister cast doubt as to whether the Organization of the Petroleum Exporting Countries would decide to boost Continue Reading
