New Crude Streams Add 12M Barrels to Nigeria’s Output
Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced…
Power prices to fall for most customers, with bigger drops for businesses
Surging levels of renewable energy and better reliability from coal-fired generators are set to give consumers a break,…
Petrol Prices to Crash as Strait of Hormuz Reopens
The reopening of the Strait of Hormuz following a ceasefire agreement in the Middle East is expected to…
Oil Prices Surge as Brent-WTI Spread Blows Out on Iran Supply Risk
Oil prices surged sharply on Wednesday as the Iran conflict continued to disrupt flows through the Persian Gulf,…
QatarEnergy Declares Force Majeure After Halting LNG Production
QatarEnergy has declared force majeure on liquefied natural gas (LNG) supplies after suspending production at key export facilities,…
$50 Oil Could Crush American Shale Growth
OPEC+ just agreed to boost oil production for another month. Luckily for U.S. shale, they also decided to…
Analysts Say China’s Stockbuilding, OPEC+ Stability Providing Market Floor
Oil prices edged higher over the past week, after a bullish OPEC+ move while expanding strategic oil stocks…
Saudi Arabia Leads OPEC Output Increase
OPEC crude production rose by about 400,000 barrels per day (bpd) in August, reaching 28.55 million bpd, according…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…