How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa
In the US, the push is on to “drill, baby, drill”. In China, the national strategy is to…
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s…
Opec producers agree to raise output from June in first move since UAE exit
Seven Opec nations agreed on Sunday to raise collective production by 188,000 barrels per day in June, pressing…
Opec exit to unlock new energy and economic playbook for UAE
Leaving Opec is part of the UAE’s greater plan for its future, where higher hydrocarbon revenues will allow…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
Oil prices fall on US-Iran receiving peace proposal
LONDON: Oil prices fell more than $2 in choppy trade on Monday, as investors awaited clarity on the…
Is the U.S. headed for a repeat of the 1973 oil crisis?
The current situation in the Middle East — a major war involving the U.S., Israel, and Israel’s enemies,…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Should Opec worry? China joins US shale oil revolution with deep fracking breakthrough
China’s recent breakthroughs in fracking technology have the potential to usher in a new shale revolution that could…
Trump’s ‘peace tour’ piles pressure on Tullow Oil as $1.3bn refinancing looms – The Irish Times
US president Donald Trump and the red caps may not have won over Oslo with their unseemly lobbying…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…
OPEC Seen Likely to Approve Another Output Hike for November
(Bloomberg) — OPEC will likely raise oil output again in November as the group continues its strategy to…