Rhine water levels hit 2-month low
Water levels along the Rhine river, a key waterway for transporting commodities and other products from coastal areas to inland locations in France, Germany and Switzerland, fell to their lowest Continue Reading
Why This Oil Rally Won’t Last
After weeks of gloom, the oil market is tightening up once again. But it’s not clear how long the upward cycle will last. OPEC admitted this week that it may Continue Reading
Oil lingers near six-week highs amid Gulf of Mexico storm, Middle East tensions
Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their Continue Reading
Oil falls on dim OPEC demand outlook, pares gains from Gulf of Mexico storm
Oil prices fell on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month after U.S. producers Continue Reading
Oil & Gas Discoveries Rise In High-Risk Oil Frontiers
Global discoveries of conventional oil and gas continue to show promising growth, with new finds totaling 6.7 billion barrels of oil equivalent (boe) in the first half of 2019, according Continue Reading
OPEC Oil Production Drops In June On New Supply Outages
OPEC’s oil production dropped by another 68,000 bpd to 29.83 million bpd in June, as output from Iran and Libya—exempt from the production cut pact—and other members offset large increases Continue Reading
OPEC sees lower 2020 demand for its oil, points to surplus
OPEC on Thursday forecast world demand for its crude will decline next year as rivals pump more, pointing to the return of a surplus despite an OPEC-led pact to restrain Continue Reading
Shine On: Solar Power is Eclipsing Coal, Oil, Gas and Nuclear Energy with Rapid Growth and Cost Reductions
A heatwave across Europe was a reminder of the dangers of climate breakdown, but also of the enormous opportunities for tapping into the clean renewable energy that can replace the Continue Reading
Assad hits a wall in Syrian war as front lines harden
President Bashar al-Assad’s assault in the northwest has been met with a painful rebel counterpunch that underlines Turkish resolve to keep the area out of his hands and shows why Continue Reading
US to sanction China if Iranian crude trade continues: State
US views Chinese imports as weakening ‘maximum pressure’ China importing an estimated 150,000-200,000 b/d of Iranian crude The US will sanction China if it continues to import Iranian crude in Continue Reading