Brent oil surged to the highest level in seven years as physical markets run hot in the world’s largest consuming region and Goldman Sachs Group Inc. said prices are headed Continue Reading
Crude oil futures were higher in mid-morning trade in Asia Jan. 18, as investors remained upbeat on the outlook for oil, while geopolitical tensions in the Ukraine and Middle East Continue Reading
Brent highest since 2014 as all indicators appear to point bullish. Oil prices edged higher on Monday, with Brent trading near its highest level since 2014 as the market tightened Continue Reading
Several investment banks believe that demand will outstrip supply in early 2022 Just a handful of OPEC members are capable of meeting higher production quotas IHS’ Daniel Yergin: it’s almost Continue Reading
Despite the White House’s best attempts, oil prices are set to continue to climb this year. Many OPEC members are struggling with their higher production quotas because of technical issues. Continue Reading
Forecasters are predicting a cold snap over the next two weeks. United States natural gas prices could climb even higher if the Arctic blasts materialize. If the U.S. experiences a Continue Reading
When Christian Hurtz opened his electricity bill just before New Year, his jaw dropped: it had more than trebled from the rate he signed up for. The 41-year-old software developer Continue Reading
Oil prices rose on Monday, with Brent futures touching their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with Continue Reading
Covid era peak oil demand predictions didn’t age well as oil demand is still going strong despite the fresh scare of the Omicron variant IEA Chief Birol: Demand dynamics are Continue Reading
Oil posted a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus Continue Reading
