A tumultuous year in oil markets left the energy industry reeling and gave fresh impetus to a perennial debate: What is the best gauge of crude prices? The Covid-19 pandemic confined Continue Reading
This year was like no other for oil prices. Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year Continue Reading
Natural gas futures are down more than 10% on Monday morning following new weather models that suggest warmer weather is ahead. Meteorologists at BAMWX show one model that suggests temperature Continue Reading
Crude oil futures ticked lower during midmorning trade in Asia Dec. 28 as concerns intensified about the new coronavirus strain and countries across the world reported new infections while the Continue Reading
Oil pared some of its losses from earlier on Monday after U.S. President Donald Trump signed a $2.3 trillion coronavirus aid and spending package but lingering worries about near-term demand Continue Reading
Oil steadied — after posting its first weekly loss since October — as pessimism over a new strain of Covid-19 that’s threatening more travel restrictions was balanced by the passage Continue Reading
Crude oil futures have been edging higher over the past few weeks, defying the usual trend of profit-taking ahead of the Christmas holidays. WTI was trading as high as $49.20 Continue Reading
Three months ago, British oil giant BP Plc. (NYSE:BP) sent shockwaves through the oil and gas sector after it declared that Peak Oil demand was already behind us. In the Continue Reading
Oil declined for the first week since October as a new coronavirus mutation spreads through parts of the world and poses risks to energy demand in the wake of stricter Continue Reading
Crude oil futures edged higher during mid-morning trade in Asia Dec. 24 on positive crude stocks data from the US Energy Information Administration and shrugging off uncertainty over the passing Continue Reading
