German President Frank-Walter Steinmeier received on Wednesday the symbolic ‘last piece of black coal,’ marking the end of Germany’s two centuries of hard black coal production, while the country struggles Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Wednesday, shrugging off a purported build in US crude stocks, as market bulls continued to hold court amid a tightening Continue Reading
Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected Continue Reading
The American Petroleum Institute (API) reported a build in crude oil inventory of 3.0 million barrels for the week ending March 29, coming in over analyst expectations of a 425,000-barrel Continue Reading
The EIA projects that U.S. tight oil production, having taken over from conventional crude as the major source of output for the country, will hit 10 million barrels of daily Continue Reading
Hedge funds and other money managers expanded their bullish bets on oil prices last week amid signs that U.S. shale growth is slowing, the global oil market is further tightening, Continue Reading
The world’s top energy body has come under fire from leading investors and scientists who say that its energy forecasts are not in line with the latest climate science, and Continue Reading
Qatar is solidifying its hold as the top global LNG exporter. The tiny, gas-rich kingdom caught the energy world by surprise in late 2017 when it announced that it would Continue Reading
Worldwide demand for liquefied natural gas (LNG) will increase at a rate of 2 percent every year in the next fifteen years, the chief executive of one of the world’s Continue Reading
With production already constrained by OPEC cuts, Iraq’s exports dipped even further as three days of bad weather disrupted Basra Gulf tanker loadings. A worker checks the valve gears of Continue Reading
