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Month: December 2020

Category:
  • Prices

Oil Markets Are Finally Ready To Recover

The oil markets have staged a dramatic rally since early November, with WTI breaking out of a range between the high $30’s and low $40’s for the first time since Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Sink As OPEC+ Hype Wears Off

Oil prices sank over 1% on Monday, erasing the positive sentiment that the market boasted last week after OPEC+ agreed on a plan for January production. While OPEC+ agreed to Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Climate
  • Renewables

Ricardo: e-fuels better focused on aviation and shipping rather than road

A new Ricardo report finds that the use of synthesized e-fuels should be prioritized for shipping and aviation ahead of road transport where other forms of electrification are more effective. Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • OPEC

Next OPEC+ Ministerial Meeting Reportedly Set For January 4

Oil prices are set for a volatile start to the new year, as the next OPEC+ group meeting on production policy is expected to be set for the first trading Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Libya
  • OPEC

Libya’s rapid rebound drives OPEC+ output to 6-month high: S&P Global Platts survey

 OPEC and its allies in November pumped their most crude oil since implementing historic production cuts in May, the latest S&P Global Platts survey found, driven largely by Libya’s brisk Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Iran

Iran says ‘smart satellite-controlled machine gun’ killed top nuclear scientist

The killing of Iran’s top nuclear scientist last month was carried out remotely with artificial intelligence and a machine gun equipped with a “satellite-controlled smart system”, Tasnim news agency quoted Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Libya

Eastern Libyan force says it intercepted Turkish ship

Eastern-based Libyan forces have intercepted a Turkish ship under a Jamaican flag heading to the port of Misrata in western Libya, their spokesman said on Monday, a possible new flashpoint Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Bahrain

The Tiny Oil Nation At The Center Of A Middle East Power Struggle

Now that Bahrain is part of the new U.S.-Israel-Middle East corridor of co-operation that is being developed from the U.S. (and Israel), through the UAE (and Bahrain, Kuwait and, in Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • China

Will China Win The Nuclear Fusion Race?

China is on a quest for world domination. Beijing has been making assertive moves into global energy markets for a while now, stepping into energy market power vacuums in largely Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple
Category:
  • Japan

Japan launches oil, gas policy reviews for decarbonization

Japan’s Ministry of Economy, Trade, and Industry on Dec. 8 launched a series of oil and gas policy reviews to help meet its 2050 carbon-neutral target while ensuring a stable Continue Reading

Posted On : 8 Dec 2020 Published By : Tom Whipple

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