Highlights Japan lifting 9 out of 10 prefectures from state of emergency June 20 July gasoline demand seen rising by around 3% on year: sources Japan’s refinery outage will soon Continue Reading
WATCH: The shutdown of one of China’s busiest ports drags on. James Mayger reports. Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Continue Reading
Chinese officials are drawing up plans to further loosen birth restrictions and transition toward policies that explicitly encourage childbirth, according to people familiar with the matter, reflecting increased urgency in Continue Reading
The U.S. oil market is reaching a crunch point. Each week drivers are traveling billions of miles on interstates, just as they did in 2019, before the pandemic ravaged global Continue Reading
The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily Continue Reading
U.S. shale producers are expected to generate a combined $30 billion in free cash flow in 2021 amid disciplined capital spending and higher oil prices, estimates from Bloomberg Intelligence show. Continue Reading
Natural gas-oriented rigs surge 6 to 135 Haynesville, Marcellus counts mostly static Eagle Ford grows 4 to 41 rigs The US oil and gas rig count jumped 7 to 567 Continue Reading
Highlights US Department of Energy announces initiative to lower hydrogen cost by 80% to $1/KG DOE estimates hydrogen from renewable energy currently costs about $5/kg, or roughly $44/MMBtu Platts Analytics’ Continue Reading
U.S. merchant refiners have amassed up to a $1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate Continue Reading
With their governor’s signature making it law, Maine legislators have become the first in the United States to order state officials to sell fossil fuel assets. Other public pension systems, Continue Reading
