Britain will launch a 160 million pound ($220 million) fund to help developers of floating offshore wind technology as part of efforts to ramp up renewable power and meet climate Continue Reading
President Emmanuel Macron has warned that an energy crisis threatens the world’s post-pandemic recovery, calling for leaders at a G20 summit in Rome this weekend to work together to stabilize Continue Reading
Gas prices in the UK and continental Europe tumbled by as much as a fifth on Friday on further signs Russia will increase exports to the region after restricting supplies Continue Reading
On the eve of a pivotal global climate summit, the world’s oil giants have been swamped by calls from activists, investors and lawmakers to move faster to transform their businesses, cut Continue Reading
Stocks At Cushing Have Halved Since April 2020 Market Rout Storage at Cushing alone has the potential to really rally the market to the moon The WTI-Brent spread is now Continue Reading
Oil is on course for a monthly gain of about 10% on sustained signs that consumption is outpacing supply, draining stockpiles. West Texas Intermediate was little changed after a volatile Continue Reading
Oil rose further above $84 a barrel on Friday, within sight of a multi-year high hit this week, as expectations OPEC and its allies will keep supply tight countered rising Continue Reading
WTI rose again Thursday on an OPEC Joint Technical Committee forecast. Oil eked out a gain with OPEC and its allies expecting a tighter global oil market in the fourth Continue Reading
Oil fell for a second day as investors weighed the possibility that Iran may revive exports after a build in U.S. crude inventories. West Texas Intermediate pared some earlier declines, Continue Reading
Almost a year into a global chip shortage, the problems are increasing for many customers as delays get even longer and sales are lost. Manuel Schoenfeld placed an order in Continue Reading
