Norway’s exports surged to a record last year, helped by higher demand for fossil fuels, fish, and metals. Western Europe’s largest oil and gas exporter sold 1.38 trillion kroner ($156 Continue Reading
Nord Stream 2, Russia’s gas pipeline across the Baltic Sea, has already driven a wedge between Germany and the US and sown discord in Europe. Now, as fears mount that Continue Reading
No one expected much progress from this past week’s diplomatic marathon to defuse the security crisis Russia has ignited in Eastern Europe by surrounding Ukraine on three sides with 100,000 Continue Reading
Oil posted a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus Continue Reading
U.S. West Texas Intermediate crude oil futures are edging higher on Friday, putting it in a position to post its fourth straight weekly gain. The catalysts behind the buying strength Continue Reading
Two months after U.S. President Joe Biden announced an unprecedented effort among major oil consuming economies to work together to bring down rising fuel prices, prices are again approaching multi-year Continue Reading
Oil is about to post its fourth week of gains in a row, and the outlook remains bullish thanks to supply constraints and demand strength. But one hedge fund manager Continue Reading
Source: NASA Goddard Institute for Space Studies New data from the U.S. government’s temperature takers just ranked 2021 as the sixth-hottest year, near the very top of a list that Continue Reading
Iraq’s overall oil production recovered steadily in 2021 — rising from just over 4 million barrels per day (bpd) in January to nearly 4.5 million bpd in December — as Continue Reading
China’s home prices fell for a fourth consecutive month in December, as the credit crunch in the property sector showed little sign of easing. New home prices in 70 cities, Continue Reading
