Oil prices slipped on Tuesday amid concerns that power outages and flooding in Louisiana after Hurricane Ida will cut crude demand from refineries at the same time global producers plan Continue Reading
Oil headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida. Continue Reading
Gasoline Spikes, Oil Retreats as Hurricane Ida Batters Louisiana Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors shift focus to Continue Reading
The U.S. installed a record amount of wind-generating capacity last year, adding nearly 17,000 megawatts of power on land, according to an Energy Department report being released Monday. Wind energy’s Continue Reading
Climate change abruptly gripped North America’s Pacific Coast at the start of summer, setting new heat records by staggering margins across the region’s cities and towns. Hundreds of people died. Continue Reading
Algeria, the last country to still sell leaded petrol, ran out of its last supplies in July There is now no country in the world that uses leaded petrol for Continue Reading
Crude oil prices could rise further if OPEC+ stops adding barrels to global supply, which is a possibility after the cartel’s next meeting, according to the Kuwaiti oil minister. “The Continue Reading
OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase, three OPEC+ sources told Reuters. The Continue Reading
The tension among Libya’s top oil officials escalated on Sunday when Oil Minister Mohamed Oun said he had suspended the chairman of the National Oil Corporation (NOC), which is the Continue Reading
Iraq’s federal government has sent a second budget transfer to the semi-autonomous Kurdistan Regional Government (KRG) under a stop-gap political deal . Two senior KRG officials said the transfer, of Continue Reading
