Brent crude rises but set for first yearly drop since 2015
Oil prices rose about 2 percent on the final day of the year on Monday, mirroring gains in stock markets, but were on track for the first annual decline in Continue Reading
Oil Markets Brace For A Rebound
Crude oil and natural gas futures are sharing a similar pattern this week. Both markets reached their lows early on before sitting in a range the rest of the week. Continue Reading
Why Oil Prices Rose And Crashed In 2018
Last week the price of West Texas Intermediate (WTI) crude oil, the primary U.S. benchmark, fell to a 17-month low. The price, $45.88/bbl, marks a stunning fall from a price Continue Reading
Energy issues to watch in 2019
Forecasting is a dangerous game and one of the easiest ways to invite ridicule. The following comments, therefore, are not forecasts but simply form an indicative list of the key Continue Reading
Rising gas supply powers Kurdistan’s electricity revival
The Kurdistan Regional Government (KRG) is making progress toward achieving 24-hour electricity – taking advantage of rising natural gas production to help close the gap between power supply and demand. Continue Reading
Mexican Army Starts Major Crackdown On Fuel Theft
Mexico’s military have taken control over 58 key fuel installations in the country, including refineries, upon orders by new President Andres Manuel Lopez Obrador, who has vowed to fight corruption Continue Reading
China to adopt Euro 6 equivalent fuel norms from Jan 1, 2019
China will adopt its latest National Phase VI/VIA vehicle fuel standards, equivalent to the Euro 6 emission standards, nationwide starting January 1, 2019, as planned, the National Development and Reform Continue Reading
China to end the year as worst performing stock market
A trade dispute with the US and a crackdown on shadow banking made China the world’s worst-performing major stock market in 2018, shedding some $2.3tn in value. Investors say that Continue Reading
Low Oil Prices Could Cripple Texas Job Growth
Job growth in Texas is not exactly screeching to a halt, but low oil prices could start to lead to weaker employment figures. “The Texas labor market will likely tighten Continue Reading
This Supermajor Is Leading The Energy Sector
ConocoPhillips is the best-performing energy stock on the S&P 500 Energy Index this year. The news is all the more impressive because it is the only stock with a positive Continue Reading