An exceptional outbreak of extreme heat is set to engulf the West for much of the upcoming week, toppling records and bringing conditions that are extremely dangerous for some. Highs Continue Reading
NOTE: The Drilling Productivity Report (DPR) rig productivity metric new-well oil/natural gas production per rig can become unstable during periods of rapid decreases or increases in the number of active Continue Reading
Among the variables included in my ongoing monthly monitoring of key transportation indexes is revenue passenger miles for domestic flying. That monitoring has shown a huge pandemic-related drop in flying Continue Reading
Demand for road fuel is increasing in Brazil and Mexico. (Bloomberg) — Brazil and Mexico are beginning to emerge from the pandemic and that’s boosting demand for road fuel in Continue Reading
Much of Russia’s Far East is so vast and remote that it’s mostly been left to the bears, wolves and rare breed of tiger that live there. Now the Kremlin wants to Continue Reading
Russia’s capital has ordered workers to remain at home this week and reopened several makeshift coronavirus hospitals after cases of Covid-19 surged to the highest levels this year. The additional vacation Continue Reading
Europe is so short of natural gas that the continent — usually seen as the poster child for the global fight against emissions — is turning to coal to meet Continue Reading
Two commodity trading giants are betting big on a Russian oil project in a rare move that could make or break the oil traders’ fates – and oil market observers Continue Reading
Danish work on hold after permit withdrawal No talks on new contract with Russia’s Gazprom US ‘disturbed’ to see halt to Baltic Pipe work The surprise decision in early June Continue Reading
Oil hit a 32-month high as the rollout of coronavirus vaccines boosted demand expectations for Europe and the U.S., and confidence faded over a quick return of Iranian crude supply. Continue Reading
