German authorities gave permission Friday for work to resume on a subsea pipeline bringing natural gas from Russia that’s been the target of U.S. sanctions threats. The decision by the Continue Reading
Work will not resume laying the Nord Stream 2 gas pipeline in Danish waters on Jan. 15, with the vessel approved to carry out pipelaying not yet at the site Continue Reading
Russia’s top oil producer, state-controlled oil firm Rosneft, is in talks with some of the world’s largest oil trading houses, offering them to become investors in a major oil project Continue Reading
We have seen strong moves higher in the key crude oil benchmarks-WTI, and Brent, in the last several months. This was initiated by the advent of positive news on the Continue Reading
Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally, while investors assessed what impact a potential U.S. stimulus package will have Continue Reading
Oil prices were up on Thursday afternoon despite new and extended lockdowns that promise to slow any oil demand rebound that was expected for 2021. At 4:07 p.m. EST, WTI Continue Reading
Oil rose to a new 10-month high in New York on expectations that a potential $2 trillion economic relief packaged could get Americans consuming more fuel. U.S. benchmark crude futures Continue Reading
Oil rose to a new 10-month high in New York on expectations that a potential $2 trillion economic relief packaged could get Americans consuming more fuel. U.S. benchmark crude futures advanced Continue Reading
The recorded death count from the Covid-19 pandemic as of Thursday is nearing 2 million. The true extent is far worse. More than 2.8 million people have lost their lives due Continue Reading
There is a silent, ongoing, global war between motor cars and people. It is silence because, though it kills many times more people than armed conflicts and terrorist acts combined. Continue Reading
