The recent detention of journalists and critics of Russian President Vladimir Putin is stirring concerns that authorities are launching a new wave of attacks on opposition figures. Since Mr. Putin Continue Reading
Global oil demand will recover significantly next month, climbing to be within 10% of the level that the world saw prior to the coronavirus pandemic, Russia Energy Minister Alexander Novak Continue Reading
Oil retreated from its highest close in four months after the OPEC+ alliance confirmed it would start tapering output cuts from next month. Futures in New York dropped below $41 a barrel. Continue Reading
Crude oil futures were steady to lower in mid-morning trade in Asia July 16 after a sharp drop in US crude inventories supported prices overnight, even as OPEC+ agreed to Continue Reading
Oil prices rose nearly 2% on Wednesday after a favorable U.S. inventory report from the Energy Information Administration (EIA), an OPEC agreement to taper the production cuts, and assurances from Continue Reading
The pandemic is this year’s big unknown for the global oil markets and the global economy. The oil market is unlikely to be completely out of the woods in four Continue Reading
Researchers at the University of Washington’s Institute for Health Metrics and Evaluation have warned that the planet is not prepared for an ongoing global population crash, and that the impact Continue Reading
Methane leaks from oil and gas production are one of the culprits behind increased methane emissions over the decade from 2007 to 2017, two new studies cited by Reuters have Continue Reading
LONDON (Reuters) – A group of the world’s top oil companies, including Saudi Aramco, China’s CNPC and Exxon Mobil, have for the first time set goals to cut their greenhouse Continue Reading
An alliance of crude producers led by Saudi Arabia agreed on Wednesday to increase oil production starting in August, officials in the group said, amid signs that demand is recovering Continue Reading
