Crude oil futures were lower in mid-morning Asian trade Feb. 18, tracking the overall bearish tone in equity markets as heightened tensions in the Russia-Ukraine crisis sparked a widespread sell-off Continue Reading
Oil posted its first weekly loss in two months as traders weighed heightened geopolitical tensions over Ukraine against the potential for Iranian barrels to be added to the market. West Continue Reading
Climate change is seen as a bigger threat than war by a majority of people living in some of the world’s top economies, according to new data being presented to Continue Reading
Iran has risen above Russia on the oil market radar due to reports from multiple sources that a new nuclear deal is very close to being agreed upon. Rumors that Continue Reading
Bad weather at southern export terminals disrupted tanker loadings and forced shut-ins at oil fields, but spare capacity is ready to come online as OPEC quotas rise. Iraq’s federal government Continue Reading
The Big Air Shougang, venue for the freestyle skiing and snowboard events for the Beijing 2022 Winter Olympic and Paralympic Games. The Beijing Winter Olympics’ claim to “carbon neutrality” is Continue Reading
The Oklahoma City home of Devon Energy, which has raised its dividend to a record level. America’s largest frackers are reporting huge profits but plan to keep oil production in Continue Reading
U.S. gas inventories have depleted faster-than-average this winter despite warmer-than-normal temperatures, as strong demand in Europe and Asia has boosted exports of liquefied natural gas, tightening the market. Working stocks Continue Reading
California had its driest January since 1984, with the lack of rain and snow pushing drought conditions across the most populous U.S. state to nearly 100%. January was the second Continue Reading
America’s largest frackers are reporting huge profits but plan to keep oil production in low gear this year, adhering to an agreement with Wall Street, even as prices approach the $100-a-barrel Continue Reading
