Oil rises from 9-month low on U.S. Gulf supply cuts, softer dollar
Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a Continue Reading
Oil Prices Are About To Reverse Course
Crude has fallen below $80 on recession fears. Some large investment banks including JPMorgan and Goldman Sachs remain highly bullish on crude. Aramco CEO Nasser: the oil market is not Continue Reading
Oil prices fall for a second day on recession fears
Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration LONDON, Sept 26 (Reuters) – Oil prices fell for a Continue Reading
Column: Recession will be necessary to rebalance the oil market
Unused capacity in global oil production has fallen to exceptionally low levels, contributing to the intense upward pressure on prices until very recently. Restoring spare capacity to more comfortable levels Continue Reading
The World Is Too Busy to Do Its Climate Summit Homework
Russia’s invasion of Ukraine has brought the largest war to Europe in decades, sparked global food and energy crises, worsened inflation — and distracted leaders from the big climate promises Continue Reading
Is The Nuclear Waste Problem Overblown?
Nuclear energy is finally gaining some political momentum. While the amount of nuclear waste generated from energy operations is fairly small, many communities shun the idea of storing it themselves. Continue Reading
An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies
Israel and Lebanon have been at war since 1948, but the countries are close to an agreement that could increase production of natural gas, helping energy-starved Europe. Officials from the Continue Reading
Nigeria suffers widespread blackouts after electricity grid fails
Nigeria’s national electricity grid collapsed on Monday leaving many parts of the country without power, electricity distribution companies said. The grid has collapsed at least four times this year, which Continue Reading
Deadly Standoff Between Kyrgyzstan And Tajikistan Threatens Stability In Eurasia
A three-day military conflict between Krygyzstan and Tajikistan left more than 110 dead in mid-September. The conflict hints at a worrisome trend of military standoffs that could threaten peace and Continue Reading
China Reins In Its Belt and Road Program, $1 Trillion Later
China has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its Belt and Road infrastructure program . Now, Beijing is working on an Continue Reading