What Is Holding U.S. Oil Production Back?
Oil prices are sitting well above the $100 mark and show no sign of falling back any time soon, but that doesn’t mean that a wave of new production will Continue Reading
Are You Really Being ‘Gouged’ At The Gas Pump?
Gasoline prices have soared this year, breaking records across the United States. Consumers are pointing the finger at Big Oil, but perhaps unfairly. Gasoline prices often lag behind oil prices, Continue Reading
A new EU partnership could triple U.S. exports of liquified natural gas
Europe’s super serious about dumping Russian natural gas. And the big winner will be U.S. LNG. On March 25, President Biden and European Commission head Ursula von der Leyen took Continue Reading
Russian gas flows to Europe remain steady
Russian gas deliveries to Europe on three key pipeline routes were broadly steady on overall on Tuesday morning, little changed from Monday evening. Flows to Germany through the Nord Stream Continue Reading
War knocks French, German consumer morale back more than expected
France and Germany saw bigger than expected drops in consumer confidence this month as government measures to help with rising inflation and fuel costs offered little relief in the wake Continue Reading
European Gas Prices Rise as Norway Flows Dip Amid Cool Weather
Bloomberg News European natural gas gained as colder weather at the end of winter combined with a dip in flows from Norway. Benchmark futures rose for a second day, reaching Continue Reading
Russian Crude Continues To Flow Despite Harsh Sanctions
Russian oil exports continue to make their way onto the global market. Buyers in China and India have found ways to circumvent Western sanctions. Russia continues to make a large Continue Reading
Russia Threatens G7 Nations As Ministers Reject Gas-For-Rubles Scheme
Russia has issued a firm warning following the G7’s rejection of its gas-for-rubles scheme. The G7 has said the demands from Moscow were “one-sided and a clear breach of contracts.” Continue Reading
Sanctions Are Forcing Russian Companies To Consider Moving To Kazakhstan
Russian companies grappling with stinging international sanctions are exploring ways to relocate. The bulk of the enterprises and individuals making the move out of Russia to Kazakhstan are involved in Continue Reading
Oil Falls as China’s Virus Flare-Up Worsens, Yemeni Rebels Pause
Oil is falling in Asia as the virus resurgence in China worsens. Oil retreated as China’s worsening virus resurgence raised concerns about demand in the world’s biggest crude importer, while Continue Reading