Oil edged lower toward $52 a barrel as a resurgent Covid-19 outbreak in some regions and a slow roll-out of vaccinations weighed on the demand outlook, offsetting tightening global supply. Futures Continue Reading
Oil prices dropped on Tuesday as the prospects for the rapid approval of new U.S. economic stimulus waned while increasing new coronavirus infections raised questions over the pace of any Continue Reading
Oil prices have good reason to start the week with gains, according to Rystad Energy. Even though the pandemic is not yet slowing down, oil prices have good reason to Continue Reading
Oil gained the most in about a week with expectations for tighter global supply offsetting concerns that a bumpy Covid-19 vaccine rollout will further blunt demand. Futures closed nearly 1% Continue Reading
Global ice loss has increased rapidly over the past two decades, and scientists are still underestimating just how much sea levels could rise, according to alarming new research published this month. From Continue Reading
Since its discovery in 1859, oil has been the main source of energy and main source of income for many countries. The finite resource was subject to major hits in Continue Reading
Melting on the ice sheets has accelerated so much over the past three decades that it’s now in line with the worst-case climate warming scenarios outlined by scientists. A total Continue Reading
From Antarctica to the Arctic, the world’s ice is melting faster than ever, according to a new global satellite survey that calculated the amount of ice lost from a generation Continue Reading
Many large global companies have now set a target for getting to net-zero greenhouse gas emissions. But with most of those deadlines decades away, it can be difficult to tell Continue Reading
Iraq will pump less oil this month and next to make up for excess production last year, the deputy chief of SOMO, the oil marketing company of Baghdad. For both Continue Reading
