Oil Prices for Sep. 30, 2020: Brent Crude, WTI
Oil extended its decline below $39 a barrel in New York, heading for the first monthly loss since April, as the world’s biggest trading houses signaled a meaningful recovery in Continue Reading
Oil futures fall as US gasoline inventories build, COVID-19 cases surge
Oil futures slipped during mid-morning trade in Asia Sept. 30, extending overnight declines, as a build in US gasoline inventories fueled bearish sentiment in a market already reeling from the Continue Reading
OIL FUTURES: Energy prices retreat as fundamental outlooks deteriorate
Oil futures settled sharply lower Sept. 29 as fundamental outlooks dimmed in light of resurgent coronavirus infections and rising Middle East crude supply. Receive daily email alerts, subscriber notes & Continue Reading
The World’s Largest Oil Traders Don’t Expect Prices To Rise Until 2021
The top executives at some of the world’s largest independent oil traders do not expect global oil demand to materially improve over the next six to nine months—Instead, they expect Continue Reading
Coronavirus: Hundreds of thousands of airline jobs at risk, warns industry body
The IATA downgraded its forecasts after “a dismal end to the summer travel season” Hundreds of thousands of aviation jobs are at risk without more state aid, a global industry Continue Reading
Mixing of the planet’s ocean waters is slowing down, speeding up global warming, study finds
An iceberg floats past Bylot Island in the Canadian Arctic Archipelago in 2017. (David Goldman/AP) The layers of the world’s oceans aren’t mixing like they used to due to climate Continue Reading
Another Oil Major Sees Peak Oil Demand On The Horizon
French energy giant Total SE (formerly Total S.A.) spread more doom and gloom into the oil markets today, foretelling of the oil industry’s ultimate horror—peak oil demand. In its Energy Continue Reading
The Hydrogen Boom Is On Track To Hit $11 Trillion
It’s official: The big hydrogen techlash is now history. For decades, there was an undeniable and growing animus towards anything hydrogen by the investing universe, with the technology relegated to Continue Reading
Energy Transition Picks Up Steam
Precisely when the world passes peak oil demand is still very much a contested debate, but the one thing that is clear is that many of the macro trends are Continue Reading
Will the new oil discoveries in Iran change energy geopolitics?
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2015. (Reuters Photo) The Continue Reading