The Biggest Wild Card In 2020 Oil Markets
Concern about global oil demand and OPEC+ production cuts are now part of the oil price landscape and few expect any surprises coming from these directions. There is, however, a Continue Reading
Can We Life The Good Life With Less Energy?
Declarations of a climate emergency are the latest fad among world governments. Everyone wants to be in the cool crowd of those ready to save the planet with their own Continue Reading
Russia Halts Oil Supply To Key European Transit Hub
Russia has halted oil supplies to Belarus amid a disagreement over tariffs, according to officials at a Belarusian oil refinery in the northern city of Navapolatsak. The officials told RFE/RL Continue Reading
German services sector ends weak quarter on solid footing in December: PMI
Activity in Germany’s services sector grew at the strongest pace in four months in December, a survey showed on Monday, bringing a strong end to an otherwise weak quarter for Continue Reading
Euro zone December business activity close to stagnation despite services bounce
Euro zone business activity remained close to stagnation at the end of last year, a survey showed on Monday, as an upturn in services activity only partially offset a continued Continue Reading
What Peak Oil? Retreating Arctic Ice Opens Vast Reserves to Russian Drillers
According to the ministry, there are huge hydrocarbon reserves hidden under the shallow seas in the area. Only the license area of Khastakh-more in the Laptev Sea might hold about Continue Reading
Crude futures near $70/b as tensions rise after US airstrike kills Iranian general
Crude oil futures remained elevated through the morning trading in Europe on Friday, with the market factoring in heightened geopolitical tension following a US airstrike in Iraq which killed a Continue Reading
Oil Prices Climb Higher On Huge Crude Inventory Draw
Crude oil prices jumped higher today after the Energy Information Administration reported a crude oil inventory decline for the last week of 2019. The draw totaled an impressive 11.5 million Continue Reading
Prospect Of War Pushes Oil To Seven Month High
Oil prices spiked immediately after the U.S. killed Iranian General Qassem Soleimani on Thursday. Soleimani, as head of the Quds force of the Revolutionary Guard, was a very powerful Iranian Continue Reading
What a War With Iran Would Look Like
Members of the Iranian revolutionary guard at a parade in Tehran, September 2011 Tensions between Iran and the United States are at their highest point in years. The 2015 Iran Continue Reading