Residents in the Groningen area in the Netherlands have voiced their anger at a plan by the Dutch government to potentially double this year production from the Groningen gas field, Continue Reading
Month-ahead power prices in Europe fell this week after weather forecasts signaled that warmer than usual and windier weather conditions would prevail in northwest Europe in the coming weeks. The Continue Reading
Crude oil futures climbed for a fifth day in mid-morning trade in Asia Jan. 7, as reports of supply disruptions in North America and Kazakhstan fed the narrative of a Continue Reading
Oil was poised for a third weekly gain as the market tightened due to supply constraints across OPEC+ members following civil unrest. Futures in New York rose to trade near Continue Reading
Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fuelled by supply worries amid escalating unrest in Kazakhstan and outages in Libya. Brent crude futures Continue Reading
Brent crude futures continued their upward trend in European morning trading Jan. 6, moving further above the $80/b mark not seen since late November as the wider oil complex remained Continue Reading
Goldman Sachs: oil prices could reach $95 if Iran doesn’t return to the market this year Goldman Sachs: commodities overall are set for a supercycle that could potentially last a Continue Reading
The Biden Administration is struggling to walk the line between its ambitious green energy plans and the reality that the world still runs on oil and gas. The energy crisis Continue Reading
The increase in OPEC’s oil output in December has again undershot the rise planned under a deal with allies, a Reuters survey found on Thursday, highlighting capacity constraints that are Continue Reading
Oil climbed to a seven-week high as supply constraints from OPEC+ to North America offset concerns about the impact of a Covid-19 outbreak in China. Futures in New York rose Continue Reading
