Crude oil prices eased from their earlier gains after the Energy Information Administration reported inventories had added 8.8 million barrels for the week to September 2. This compared with an Continue Reading
The last time this pattern was recognized was February 25th, 2020, which was followed by a plunge of 77 percent over the ensuing two-month period. (The views and opinions expressed Continue Reading
Recent data from the World Trade Organization shows global trade growth stagnating, a sign that the world may be moving into a recession. The slowdown in global maritime trade growth Continue Reading
The U.S. Energy Information Administration has released its latest short term energy outlook. The U.S. Energy Information Administration (EIA) has released its latest short term energy outlook (STEO), which offers Continue Reading
Limited global LNG supplies could be “really, really tight this winter, Cheniere Energy’s executive vice president for worldwide trading told Reuters on Thursday. Cheniere, the largest LNG exporter in the Continue Reading
Even if the world somehow manages to limit future warming to the strictest international temperature goal, four Earth-changing climate “tipping points” are still likely to be triggered with a lot Continue Reading
As global warming passes certain limits, dire changes will probably become irreversible, the researchers said, including the loss of polar ice sheets and the death of coral reefs. A summer Continue Reading
OPEC+ cut its production target by 100,000 bpd this week, a move that was largely symbolic due to the group’s underproduction. After an initial spike in prices, markets appear to Continue Reading
Highlights OPEC+ production up 260,000 b/d in August Kazakh, Nigerian losses temper Libyan, Gulf gains Output is 3.61 mil b/d below target, most in OPEC+ history Not registered? Receive daily Continue Reading
Iraq’s nationwide oil sales fell in August for the second consecutive month, declining to 3.667 million barrels per day (bpd).* Federal exports through the northern pipeline to Turkey dropped by Continue Reading
