Analysts are becoming increasingly concerned about where oil prices might head following the midterms. The looming EU embargo on Russian oil could send prices significantly higher. The White House’s newly Continue Reading
The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
The electric vehicle market in the United States is on track to grow by 390% by 2028. Major automakers like Ford and GM are joining the race, launching their own Continue Reading
Ukraine may need electricity imports – energy minister Energy system still stable, minister says in interview 30-40% of power infrastructure hit by Russian attacks KYIV, Oct 21 (Reuters) – Russian Continue Reading
The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty, campaigners have warned, which is about 26m people. Continue Reading
U.S. trade and energy policies have created a “double standard”, with Europe left paying higher prices for its natural gas, French President Emmanuel Macron said on Friday. France, the latest—and Continue Reading
Oil retreated on Friday after a volatile week as concerns over a global economic slowdown continue to hang over the market. Benchmark Brent futures traded near $91 a barrel amid Continue Reading
Oil prices are on course to post a weekly loss for the second week in a row, with economic fears continuing to trump market fundamentals. Comments from the Fed that Continue Reading
The major oil exporters in the Arab Gulf will see their economies grow at a lower rate next year compared to this year’s growth and previous expectations due to weaker-than-projected Continue Reading
Oil held gains as the market shrugged off measures from US President Joe Biden to tame rising energy prices that have fueled inflation. West Texas Intermediate for December traded near Continue Reading
