California’s power grid operator on Thursday issued a “flex” alert for Friday, asking consumers to conserve energy from 4 p.m. to 9 p.m. as high demand driven by extreme heat Continue Reading
Children are at extremely slim risk of dying from Covid-19, according to some of the most comprehensive studies to date, which indicate the threat might be even lower than previously Continue Reading
A top Federal Reserve official has warned the spread of the Delta coronavirus variant and low vaccination rates in some parts of the world pose a threat to the global Continue Reading
After seven consecutive weeks of gains, oil prices have gone into reverse gear once again, thanks mainly to the latest OPEC+ spat that left everyone wondering what to expect next. Continue Reading
Way back in March, a veritable eternity ago if you measure by the daily news cycle, Oilprice reported that high oil prices were coming down the pike, and while oil Continue Reading
Gasoline stocks fall 6.08 million barrels Implied demand hits 10.04 million b/d Crude stocks draw 6.87 million barrels US gasoline stocks moved sharply lower in the week ended July 2 Continue Reading
Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a “decisive shift” towards meeting U.N.-backed Continue Reading
Eni (ENI.MI) has agreed to buy one of the largest onshore wind portfolios in Italy from fund manager Glennmont Partners as part of plans to expand its green energy business. Continue Reading
Crude oil futures extended overnight losses during mid-morning Asian trade July 8 as the release of bullish American Petroleum Institute data failed to lift market sentiment, amid fears of a Continue Reading
Oil prices fell for a third day on Thursday amid uncertainty oversupply after the collapse this week of talks among major producers which could potentially cause the current output agreement Continue Reading
