Will U.S. Crude Oil Exports Smash Records Again This Year?
Crude oil and refined petroleum product exports from the United States hit a record high last year, turning the country into a net exporter. This year, as more economies are Continue Reading
Analysts expect US natural gas storage build to measure 33% below five-year average
US natural gas storage fields likely injected another below-average volume for the week ended April 30 as the deficit to the five-year average looks to widen in the week ahead, Continue Reading
Adamas: Tesla consumed more lithium than next four EV makers combined in 2020
In 2020, Tesla deployed 18,700 tonnes of LCE onto roads globally in the batteries of its newly sold passenger EVs, more than the next four EV makers (BYD, VW, Renault Continue Reading
France Advances Climate Bill Backed by Macron
France’s National Assembly on Tuesday approved a bill backed by President Emmanuel Macron to cut greenhouse gas emissions, over objections from opposition lawmakers and environmental groups who said it would Continue Reading
Crude oil futures edge higher as easing restrictions in Europe offset India’s COVID-19 surge
Crude oil futures edged higher during mid-morning trade in Asia May 4 as plans to ease travel restrictions in Europe lifted hopes of stronger demand, countering the demand erosion in Continue Reading
Oil Holds Advance Above $64 as Traders Bet on Improving Demand
Oil climbed above $65 a barrel on optimism that the resumption of economic activity in the U.S. and Europe will underpin demand. West Texas Intermediate gained 1.3%, while gasoline futures were Continue Reading
Oil Rises With Growing Reopening Efforts Offsetting Virus Surge
Oil climbed as optimism over progress in reopening some of the world’s largest economies outweighed deepening coronavirus risks elsewhere. Futures rose 1.4% in New York after flipping between gains and losses Continue Reading
Could Oil Prices Hit $80 Per Barrel?
Despite the significant rally in oil over the past couple of weeks, demand uncertainty continues to affect prices. The outbreak of the second wave of a new Covid-19 strain in Continue Reading
Are Big Oil’s Renewable Investments Paying Off?
The world’s largest oil companies reported solid earnings and strong cash flow generation for the first quarter. But all those profits had very little to do with the pledges from Continue Reading
Oil Investment Lags Jump In Crude Prices
Investment in new oil and gas projects last year sank to the lowest in 15 years at $350 billion. As the world continues its battle against Covid-19 and as the Continue Reading