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Month: April 2021

Category:
  • Russia
  • USA

New round of US sanctions on Russia could have ripple effects into energy

A new round of US sanctions issued April 15 targeting Russian entities and individuals could have knock on effects into the energy space while not specifically targeting the sector, analysts Continue Reading

Posted On : 16 Apr 2021 Published By : Tom Whipple
Category:
  • Russia
  • USA

German foreign minister warns against halting Nord Stream 2 amid Ukraine tensions

 Would not lead to de-escalation by Moscow: Maas Renewed calls for moratorium on pipeline construction Moscow eyes first gas via Nord Stream by end-summer German foreign minister Heiko Maas has Continue Reading

Posted On : 16 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures tick lower on profit-taking after overnight surge

 Crude oil futures ticked lower during mid-morning in Asia April 15 on profit-taking, after a bullish report from the US’ Energy Information Administration sent prices hurtling nearly 5% higher overnight, Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Break Out of Holding Pattern

 Oil surged to the highest level in a month — breaking out of a weeks-long holding pattern — as shrinking crude stockpiles in the U.S. supported hopes for a global Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Jump As EIA Reports A Crude Draw

Crude oil prices climbed on Wednesday morning after the Energy Information Administration reported crude oil inventories had shed 5.9 million barrels in the week to April 9. This compared with Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Surges to Highest in a Month With U.S. Demand Picking Up

Oil surged to the highest level in a month — breaking out of a weeks-long holding pattern — as shrinking crude stockpiles in the U.S. supported hopes for a global Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • IEA

IEA lifts oil demand forecast as outlook turns ‘decidedly’ brighter

The International Energy Agency revised higher its oil demand forecast for this year but warned of “lingering concerns” over the strength of the recovery in consumption. The Paris-based organization said in Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • Peak Oil

The World Still Needs Hundreds Of Billions Of Barrels Of Oil

Has peak oil demand already come and gone? That’s an exceptionally hard question to answer. There are some experts that say unequivocally, yes. They claim that peak oil is already Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • Air Lines

Global air travel on multi-track recovery as vaccines hang over jet demand outlook

Rebound in US domestic air travel leading global recovery Uncertainty about vaccine ‘passports’ hanging over outlook Jet demand seen recovering almost 600,000 b/d in June Global air travel continues to Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple
Category:
  • Climate

Big business seeks unified, market-based approaches ahead of climate summit

Corporate executives and investors say they want world leaders at next week’s climate summit to embrace a unified and market-based approach to slashing their carbon emissions. FILE PHOTO: A farmer Continue Reading

Posted On : 15 Apr 2021 Published By : Tom Whipple

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