Researchers at the University of Michigan have developed a new rechargeable technology for batteries that could have double the power output compared to today’s most-widely used batteries, without catching fire Continue Reading
The controversy of the Trans Mountain pipeline expansion projects has so far focused more on the implications of the project’s delay for Albertan crude oil producers. Yet, the developments around Continue Reading
Russia’s Nord Stream 2 natural gas pipeline project should stay out of politics and be protected from potential attacks, Kremlin spokesman Dmitry Peskov said Sunday, following a meeting between Russian Continue Reading
WTI Crude prices were up early on Friday but still headed for a seventh consecutive weekly loss— the longest losing streak since 2015 —as fears of escalating trade wars and Continue Reading
Crude futures settled higher Friday as the possibility of supply disruptions in Libya trumped last week’s US crude build. Receive daily email alerts, subscriber notes & personalize your experience. Register Continue Reading
Crude prices edged higher on Friday, but retreated from session highs and were headed for another weekly decline on worries that oversupply would weigh on the U.S. market while trade Continue Reading
Two of the world’s largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil prices plunged by the most in two years, sources Continue Reading
Turkey’s currency crisis has raised fears of destabilization in emerging markets. With higher financial risks in mind, traders sold off oil. EIA’s bearish report. The EIA reported a 6.8-million-barrel increase Continue Reading
Persisting security concerns over Libya’s oil export capacity and the political divisions in the country fetch large tanker freight premiums for shipowners daring to call at Libyan ports for crude Continue Reading
China will continue its cooperation and relations with Iran, state news agency Xinhua reported on Friday, citing a statement from Chinese State Councillor Wang Yi. The Joint Comprehensive Plan of Continue Reading
