WATCH: Germany is in a “bottleneck recession,” according to Ifo President Clemens Fuest. Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . Continue Reading
Russia reported a record 828 Covid-19 deaths in the latest day, as officials warned of a new wave of the pandemic. The real number of deaths linked to the coronavirus Continue Reading
Goldman’s Currie Sees $90 Oil If Winter Is Colder Than Normal Oil held near its highest close in almost two months on signs that stockpiles globally are declining amid a Continue Reading
Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after Continue Reading
The energy transition is in full swing, with electric vehicles supplanting gas guzzlers and solar panels and wind turbines replacing coal and oil as the world’s leading energy sources. The Continue Reading
Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and China’s central bank added liquidity to quell concern about a Continue Reading
Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according Continue Reading
The current shortage of natural gas and price spikes on the gas markets could be a boon to OPEC, which expects higher demand for other fuels when gas prices are Continue Reading
Gastech, the first major in-person industry event since the pandemic started, couldn’t have happened at a better time to show that despite the push toward renewable energy, natural gas will Continue Reading
Global record-high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as Continue Reading
