Crude oil futures were lower during mid-morning trade in Asia Aug. 4 as traders took profit after the overnight rally amid better-than-expected global economic data. Not registered? Receive daily email Continue Reading
Oil rose the most in nearly two weeks, tracking a move in stronger equities, as economic data from the U.S. to Europe and Asia signaled a flicker of life in Continue Reading
The liquefied natural gas market contracted a third month in July as countries continue to struggle with the economic fallout from the coronavirus pandemic. Global exports of the fuel last month Continue Reading
The weather is going to be hot after all in the short term, forecasts now predict. That prediction sent natural gas prices soaring on Monday by nearly 20 percent as Continue Reading
OPEC’s crude production rose last month as Persian Gulf members phased out extra supply cutbacks, but the cartel largely persevered with its strategy to revive the global oil industry. Saudi Arabia, Continue Reading
An Iraqi woman cools down with water from a hose in Baghdad, on Aug. 1. The Middle East is enduring one of its hottest summers ever, but Iraqis have had Continue Reading
Israel is preparing for a massive roll-out of electric vehicles (EVs) on its roads over the next decade and is instructing its cities to build hundreds of charging points to Continue Reading
One of the world’s largest oil producers and exporters, the United Arab Emirates (UAE), has just launched the first nuclear power plant in the Arab world. Touted as a major Continue Reading
The youngest internationally recognized nation on earth, South Sudan’s relationship with its oil and gas reserves has been troubled and ambivalent – ever since its first day of existence oil Continue Reading
Guyana’s electoral authorities declared opposition candidate Irfaan Ali president Sunday, ending a five-month constitutional crisis that threatened to turn the South American nation into an international pariah. The decision eases Continue Reading
