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Month: November 2020

Category:
  • Shell

Shell Wants Biden to Reverse Methane Emissions Rollback

Royal Dutch Shell Plc will push for the reversal of President Donald Trump’s rollback of methane emissions rules and the introduction of carbon pricing when Joe Biden moves into the Continue Reading

Posted On : 12 Nov 2020 Published By : Tom Whipple
Category:
  • Germany

Germany’s Growing Gas Demand Shows No Signs Of Slowing

Germany’s gas demand, which is currently just above 90 billion cubic meters (Bcm) per year, is set to increase to more than 110 Bcm by 2034, but as future supplies Continue Reading

Posted On : 12 Nov 2020 Published By : Tom Whipple
Category:
  • United Kingdom

UK’s lagging economy lost more speed in September, worse ahead

Britain’s economy grew by a slower than expected 1.1% in September from August, lagging other rich nations as it struggled to recover from the shock of the pandemic even before Continue Reading

Posted On : 12 Nov 2020 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures rise as positive API data underscores bullish sentiment

Crude oil prices continued on their upward trajectory during mid-morning trade in Asia Nov. 11, as positive data from the American Petroleum Institute further buoyed markets still riding high from Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Prices

An Oil Market Recovery Is On The Horizon

The major participants at ADIPEC 2020’s ADNOC Trading Forum expressed a wide range of sentiment, but the general message was one of caution or even outright pessimism when it came Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Prices

OIL FUTURES: Crude extends rally as vaccine progress boosts hope of demand rebound

 Oil futures settled higher Nov. 10 as optimism surrounding a coronavirus vaccine boosted demand outlooks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX December WTI Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Prices

Vitol CEO: Oil Prices Could Hit $50 In Near Future

Oil may hit $50 over the next few months thanks to a moderate decline in global inventories that will accelerate by mid-2021, the chief executive of Vitol, Russell Hardy said Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • IEA

IEA: Renewables To Grow 7% In 2020

Renewable power generation capacity will increase by 7 percent this year despite a 5-percent forecast decline in global energy demand, the International Energy Agency said in its Renewables 2020 report. Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • USA

US EIA trims 2021 global oil demand growth by 360,000 b/d to 5.9 million b/d

The US Energy Information Administration on Nov. 10 cut its outlook for 2021 global oil demand growth by 360,000 b/d from last month’s forecast to 5.9 million b/d on uncertainty Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple
Category:
  • Biofuels

IEA cuts global biofuels forecast as pandemic hits transport fuel demand

The International Energy Agency has cut its near-term forecast for global biofuels production as the COVID-19 crisis triggers the first annual decline in transport biofuels in two decades. Receive daily Continue Reading

Posted On : 11 Nov 2020 Published By : Tom Whipple

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