Crude oil production in the United States could reach 12.6 million barrels daily next year, which would be a record high on an annual-average basis, the Energy Information Administration said Continue Reading
Highlights Gasoline stocks fall 1.64 million barrels Implied demand hits 6-week high Cushing draw leads crude stocks down 4.76 million barrels US gasoline inventories posted a counter-seasonal draw in the Continue Reading
Global head of commodities research at Goldman Sachs: all commodity markets are in a state of shortage right now. In all commodities, the Bloomberg Commodity Spot Index tracking 23 energy, Continue Reading
Can oil bankers learn renewable tricks? They may need to in this climate, judging by the experience of Douglas MacKenzie, a Citigroup banker who has spent decades advising global energy Continue Reading
U.S. shale drillers are looking to boost production in the short term Industry data suggests that well depletion is advancing Drillers remain upbeat about the short term forecast for shale Continue Reading
Oil prices have yet another reason to remain elevated as cold winter weather and refiners struggle to keep up with the rising demand for heating oil and diesel. Heating oil Continue Reading
U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since November as crude prices extended their rally Continue Reading
The world’s leading rater of green credentials is rewarding some of Wall Street’s biggest banks even though they continue to lend billions of dollars to fossil-fuel companies. Those credentials come Continue Reading
Ohio’s House Bill 6 was widely regarded as the worst energy policy in the United States. The passage of House Bill 6 was so odorous of underlying offense and scandal Continue Reading
Crude prices rallied on Friday morning as a result of small outages in America’s largest shale play and ongoing political tensions between Russia and Ukraine. As if explosions in Nigeria Continue Reading
