Oil prices plunged about 5 percent on Tuesday to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could Continue Reading
The world only has 12 years to figure out how to keep temperatures from rising less than 1.5°C. What happens if we creep toward 2°C? Tens of millions more people Continue Reading
Qatar, the world’s largest LNG producer, is on track to expand its LNG production capacity by around 43% to 110 million mt/year, Mohammad Bin Saleh Al-Sada, Minister of Energy and Continue Reading
Fuel prices at service stations across the United States as of Monday were about four cents cheaper than the previous week, coming in with a national average of about $2.85 Continue Reading
Crude oil futures were marginally lower during mid-morning trade in Asia Tuesday ahead of the release of last week’s US inventory data, while expectations of a build among analysts kept Continue Reading
Oil prices fell on Tuesday after Saudi Arabia said it would play a “responsible role” in energy markets, although sentiment remained nervous ahead of new U.S. sanctions on Iran’s crude Continue Reading
Hedge fund managers accelerated their profit-taking in crude oil and refined fuels last week, as confidence in the previous price rally faltered and the market fell. Hedge funds and other Continue Reading
Supermajors have had a great year so far, and their third-quarter results, to be released over the next couple of weeks, are likely to strengthen this impression. But this does Continue Reading
OPEC’s biggest producer and de facto leader Saudi Arabia hopes that the cartel and its Russia-led non-OPEC partners in the production cut deal will sign an ‘open-ended’ cooperation deal when Continue Reading
Delta Air Lines Inc. finance chief Paul Jacobson said earlier this month that rising crude prices and the fuel switch for oceangoing vessels represented a “net ‘bad’ for the airlines,” Continue Reading
