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Month: April 2021

Category:
  • Climate

Europe clinches deal on wide-ranging climate law to speed emissions cuts

The European Union clinched a deal in the early hours of Wednesday on a landmark climate change law that puts new, tougher greenhouse gas emissions targets at the heart of Continue Reading

Posted On : 22 Apr 2021 Published By : Tom Whipple
Category:
  • Climate
  • Europe

Europe’s Changing Climate Viewed From Orbit Shows Rising Danger

Climate change whipsawed through Europe last year, alternately baking locked-up economies beneath record heat before inundating them with unprecedented floods, underscoring the rising levels of uncertainty faced by the continent’s 500 million Continue Reading

Posted On : 22 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Surprise Crude Build Pushes Oil Prices Down

The American Petroleum Institute (API) on Tuesday reported a build in crude oil inventories of 436,000 barrels for the week ending April 16. Analysts had predicted a draw of 2.860 Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Drops Toward $62 Amid Resurgent Virus, Retreat in Equities

Oil fell amid concern that a resurgent virus will hurt demand in some economies, while industry data showed a slight build in U.S. inventories. West Texas Intermediate retreated 1.1%, extending Tuesday’s Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Drop Amid Broader Selloff

Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Yergin: Oil Prices Could Go As High As $75 In 2022

The global oil demand recovery and a lot of spare capacity that OPEC+ has yet to bring back to the market suggest it is reasonable to expect that oil prices Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

A World Of Difference: One Year After Oil Prices Went Negative

What a difference a year makes! It might sound like a cliché, but the oil market that was turned on its head last April by a confluence of unexpected Black Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Demand Predicted to Jump 6 Percent in 2021

Rystad Energy has revealed that its latest forecast projects a six percent year on year increase in oil demand in 2021. Rystad Energy has revealed that its latest forecast projects Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Why Natural Gas Won’t Be Replaced Anytime Soon

“Gas will be a repeat of coal but quicker. When we look at power generation, you can see that going really, really quickly.” This is what the head of company Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Climate

Cities Are Our Best Hope for Surviving Climate Change

The hysteria about urban density that arrived with the coronavirus is—like the pandemic itself—already easing. Regardless of how quickly or slowly urbanites return to their cramped apartments, however, the long Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple

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