The daily average for hospitalized Covid-19 patients in the United States is now more than 100,000. That average, calculated over the last seven days, is higher than in any previous Continue Reading
The Bureau of Safety and Environmental Enforcement estimates that approximately 95.65 percent of the current oil production in the Gulf of Mexico has been shut in as a result of Continue Reading
Energy firms on Sunday had suspended 1.74 million barrels per day of oil production in the U.S. Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement (BSEE), Continue Reading
Aliaksandr Matsiash, a Belarusian exile, joined Lithuanian trucking group Baltic Transline in May. But after two weeks of training, followed by 13 weeks living in a truck-based in the Netherlands Continue Reading
Oil advanced as a brewing hurricane shuts Gulf of Mexico crude production while the Federal Reserve reinforced its support to begin tapering stimulus by the end of the year. Oil Continue Reading
Crude futures rallied Aug. 27 as US Gulf oil and gas infrastructure braced for Hurricane Ida, which is expected to make landfall in the US as a major hurricane Aug. Continue Reading
With fundamentals largely remaining the same as they were last week, oil prices nevertheless are poised to post sizable gains, with global benchmark Brent trading above $72 per barrel and Continue Reading
Oil prices rose on Friday, on track to post big gains for the week, on worries about supply disruptions as energy companies began shutting production in the Gulf of Mexico Continue Reading
The price of WTI crude oil could be headed for a jump of between 20 percent and 50 percent, judging from a bullish breakout pattern that suggests a major rally Continue Reading
The world’s fleet of giant supertankers is the oldest it has been since 2002, the latest sign of an illicit trade that owners say is damaging business. Publicly traded shipowners Continue Reading
