Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico. Continue Reading
Oil clung to the gains from its biggest two-day advance since November, with prices continuing to fluctuate amid concerns about the impact of the coronavirus on global consumption. Futures in Continue Reading
Oil prices dropped on Wednesday but stayed above $70 a barrel, taking a breather after recent days’ strong rally as Mexico was set to resume crude production following a major Continue Reading
After taking a beating over the past few weeks, oil prices have been surging on rising demand optimism, a major production outage in Mexico, and the first full U.S. regulatory Continue Reading
The global supply chain crunch was meant to be temporary, but it looks like it will have a lasting impact into the next year . A supply chain crunch that Continue Reading
Spotting Plumes of Polluting Methane Gas One of the most dangerous greenhouse gases is leaking into the atmosphere relentlessly from the European Union’s easternmost edge. Invisible plumes of methane escape Continue Reading
▲ It’s tough to tell without infrared cameras or satellites, but the southwestern U.S. is pumping far more of a potent greenhouse gas into the atmosphere than scientists had thought. Continue Reading
There was recently an attack on the Mercer Street vessel belonging to an Israeli billionaire, with Iran being blamed for the incident. These kinds of attacks have been happening since Continue Reading
New foreign minister also approved Iran’s Parliament on Aug. 25 confirmed Javad Owji as the country’s new oil minister, taking on the job at a critical time when OPEC’s fourth-biggest Continue Reading
Highlights BP, PetroChina to be JV partners in Basra Energy Company Rumaila produces around 1.5 million b/d BP wants to slash output and lower its carbon emissions Iraq has approved Continue Reading
