US spot natural gas prices dipped back into familiar territory in the $2 to $3/MMBtu range in Feb. 22 trading as the storm-driven supply crunch continued to ease amid rising Continue Reading
Oil prices rebounded again on Monday, with WTI shooting up more than 3% to over $61 per barrel by noon ET. Oil prices spiked to 13-month highs last week after Continue Reading
Oil surged as traders and investment banks see global supplies rapidly tightening in response to a vaccination-led recovery this summer. Futures in London jumped 3.7% on Monday, its largest daily gain Continue Reading
Goldman Sachs is now even more bullish on oil, expecting Brent Crude prices to hit $75 a barrel in the third quarter this year, on the back of faster market Continue Reading
US-produced oil will join Europe’s pricing benchmark, reflecting the changing shape of the global market more than four decades after an American company brought the first North Sea crude ashore Continue Reading
Prefer to watch a video about jet fuel demand? Find Goldman Sachs’ latest forecast here Jet fuel prices hit a 13-month high last week as oil prices rose, making airlines’ Continue Reading
A tanker sailed through Arctic sea ice in February for the first time, the latest sign of how quickly the pace of climate change is accelerating in the Earth’s northernmost regions.The Christophe de Margerie Continue Reading
A last-minute deal between Iran and the UN atomic watchdog over snap inspections has opened a narrow diplomatic window to revive the landmark nuclear treaty between international powers and Tehran. The Continue Reading
Tehran’s broad strategy regarding the U.S. is to seek to push new President Joe Biden back into a non-renegotiated nuclear deal, which favours Iran, whilst at the same time allowing Continue Reading
A major crisis was narrowly averted Sunday over Iran’s nuclear facilities and the planned booting of IAEA inspectors from key sites , scheduled according to a prior Iranian parliament decision Continue Reading
