Oil was steady with dwindling U.S. inventories and roaring demand offset by the potential return of supplies from Iran. Futures in New York traded near $90 a barrel on Thursday Continue Reading
U.S. crude inventories fell to lowest since Oct 2018 -EIA Overall product supplied hit record 21.9 mln bpd last month -EIA U.S.-Iran nuclear talks reach crucial point -White House Biden Continue Reading
Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage which has already sent the prices of Continue Reading
Oil prices rose late on Wednesday afternoon with Brent reaching just shy of $92 per barrel. But JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the Continue Reading
The Colorado pikeminnow was once a prized catch. The toothless, torpedo-shaped fish had dark, tender, flavorful meat and came in absurdly large sizes, especially for a minnow. In the early Continue Reading
Qatari gas to lower reliance on Iranian energy: minister Iraq’s power outages due to lower Iranian supply Iraq’s power link with Saudi to take 2-3 years to complete Iraq may Continue Reading
Exxon plans to begin oil production from a second platform offshore Guyana next month New platform would increase Guyana’s production threefold ExxonMobil and Hess Corp. have recently made their 20th Continue Reading
Average refinery run rates at Indian refineries were 101 percent in January, compared to 87 percent in August last year. Most of India’s 23 refineries operated at above nameplate capacity Continue Reading
Highlights 2020-21 coal demand stood at 905.88 mil mt April-November 2021 coal imports down 11.13% on year April-November coal production up 9.01% on year India aims to increase its domestic Continue Reading
Japan’s oil and metals giant Eneos Holdings Inc (5020.T) expects it will be able to procure alternative oil in spot markets even if it becomes difficult to buy crude from Continue Reading
