Since signing the Paris climate agreement in 2015, nations around the world have focused on one climate goal: limiting global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above preindustrial Continue Reading
Retail gasoline prices in the United States rose on Tuesday and hit another all-time record, surpassing one set in March, as global refineries grappled with a bottleneck that has sent Continue Reading
U.S. natural gas production and demand will both rise in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Continue Reading
U.S. crude oil output is expected to rise 720,000 barrels per day to 11.91 million bpd in 2022, the government said in a monthly forecast on Tuesday. U.S. crude output Continue Reading
Analysts cut share-price targets at fastest pace in two years It’s latest evidence of souring sentiment on the equity market To see how much pressure the five-month equity selloff is Continue Reading
American drillers will increase oil production at a slower pace than previously expected amid surging costs, stymieing the Biden administration’s hope that the industry will boost output to tame fuel Continue Reading
The calendar says May, but the atmosphere has fast-forwarded at least a month. A sprawling dome of summerlike heat is parked over the central United States, bringing temperatures 20 degrees Continue Reading
Forecast Highlights Global liquid fuels The May Short-Term Energy Outlook (STEO) is subject to heightened levels of uncertainty resulting from a variety of factors, including Russia’s full-scale invasion of Ukraine. This STEO Continue Reading
Cuts global oil demand growth by 200,000 b/d on China, US Trims US oil supply by 100,000 b/d to 11.91 mil b/d in 2022 EU oil ban would lead to Continue Reading
The average price of regular gasoline in the U.S. hit a new record. The average price of regular gasoline in the U.S. hit a new record of $4.37 per gallon Continue Reading
