Crude oil futures lower as global trade risks increase
Crude oil futures fell more than 50 cents/b in mid-morning trade in Asia Friday as risk-off sentiment heightened on US trade policy and its stance on Iran sanctions. At 10:30 Continue Reading
Oil drops 1%, set for biggest monthly fall since November as trade wars spreads
Oil prices fell by more than 1% on Friday and were on track for their biggest monthly fall since November Front-month Brent crude futures, the international benchmark for oil prices, Continue Reading
Oil Prices Flat On Minor Crude Draw
Amid the ongoing fears of an escalating trade war between China and the United States, the Energy Information Administration countered the price decline potential of the China factor by reporting Continue Reading
Renewables Are Set To Outprice Oil & Gas By 2020
Moore’s Law might be dead, but Swanson’s Law remains alive and well. Swanson’s Law is the observation that solar PV panels tend to become 20 percent cheaper for every doubling Continue Reading
Sea-level rise could be even worse than we’ve been led to expect
ONE THING scientists are sure will happen as the world warms is that the seas will rise, putting millions of people at risk of land erosion, flooding and permanent displacement. Continue Reading
The State of Exploration 2019
Exploration activity bounced back in 2018 but declining performance points to the limitations of the global exploration drilling opportunity set and the urgent need for its renewal in 2019 and Continue Reading
World Oil Production, February 2019 Data.
The data for the charts below are from the EIA’s Monthly Energy Review . I will update this post Friday, May 31st with March data for the USA and charts Continue Reading
Libya’s New Civil War
On April 4, Khalifa Haftar , the militia leader who controls eastern Libya, launched a large-scale offensive to capture the capital, Tripoli. The attack marked the collapse of negotiations to Continue Reading
U.S. Lets Some Countries Continue Limited Iran Oil Imports
With tensions rising between Iran and the U.S. in recent days, amid concerns about a potential U.S.-Iran conflict, is there a chance the two countries could talk directly? WSJ’s Gerald Continue Reading
US ‘maximum pressure’ on Iran is empowering Russia in Syria
Russian President Vladimir Putin and Iranian President Hassan Rouhani attend a news conference, after a meeting in the Black sea resort of Sochi on 14 February, 2019 [File: Reuters/Sergei Chirikov] Continue Reading