With Morgan Stanley joining Goldman and calling for $100 oil, and Bank of America's commodity strategist Francisco Blanch one-upping both, and today laying out the case for $120 oil...
While the seemingly endless negotiations to revive the 2015 Iran nuclear deal - which was ended by Donald Trump in 2018 when the president reimposed heavy sanctions on Iran's economy - have gone nowhere, it appears that Iran no longer has a pressin
"At our updated demand and supply elasticities, we model this rebalancing will require long-dated prices rising to $90/bbl, bringing our Brent spot forecast to$105/bbl in 2023 (with 2022 at $96/bbl)."
Oman continues to expand its cooperation with China as it looks to build out its petrochemical sector
While the pandemic has spurred demand, leading to increased energy prices, the Biden administration's reliance on imports is a greater contributor to the increased costs of oil and gas
There's no question that the 'greenification' of the global economy has returned many industrial countries to coal in 2021.
U.S. coal miners, who have already benefited from rising demand from utilities this year, are in for at least another year of strong sales and cash flows
"You should think about how you will buy fuels from Russia..."
The emergence of 'nu' has sparked demand anxiety in the crude complex and oil prices are collapsing.
It's not the business of the U.S. federal government to "stockpile" anything. But as usual with government, the "emergency" and "fear" cards are used as excuses for it to stockpile oil. However, we know not only from theory, but from practical experi
Joe Biden Releases 50 Million Barrels of Oil from National Strategic Petroleum Reserve as Gas Prices Keep Rising
...Not Lower Them; IHS Markit
**UPDATE: Scroll down to the OIL OPTIONS section for the headline story**
This exclusive interview with the collective that runs the Doomberg Substack explains why they think oil could hit $300 and uranium could "double or triple".
This is Part 1 of an exclusive interview with Doomberg, the collective that runs the Doomberg Substack. During this interview series, we discuss oil, Bitcoin, the coming Fed chair swap, fiscal policy, politics, uranium and more.
With gasoline and diesel prices at a seven year high and inflation raging, the Biden Administration's plummet in the polls continues. The lofty aspirations of those pushing a "green agenda" - with shutdowns of pipelines - is meeting the hard reality
The White House is reviewing its policy options to reduce the price of gasoline at the pump and expects to make an announcement in the next few days, the secretary of energy said in a television interview on Monday.
In late October, the market rejoiced and nat gas prices puked (even as we warned this was just the latest joke the Kremlin was playing at gullible Europe's expense) after news that Russian President Vladimir Putin had asked Gazprom to "gradually" rai
If you haven't been paying attention, you will want to start watching the price of oil again.
So much for the Clean Green Chinese Machine
Gas keeps getting more and more expensive, especially in California. But perhaps nowhere is it pricier than the remote central coast community of Gorda.
Laid-off Keystone worker Lynn Allen reacts to expected surge of gas, heating prices this winter.
One of the biggest ironies to start this decade is the transition from fossil fuel generation to green energy has created a global energy crisis that is forcing the U.S., among many other countries, to restart coal-fired power plants...
Russia & allies in OPEC+ want a stable oil market without any shock spikes in prices, Putin said.
On the one hand, our bureaucrats are telling us coal power in Australia might be finished by 2035.
--as US Heating Oil Supplies Lowest In Decades
There has been a major dichotomy on Wall Street regarding the oil price trajectory...
Gore Effect goes global: Gas, electricity price shocks mean industry threatened, and may switch to coal in time for COP 26
A huge slick of oil stalked the coast Tuesday as officials frantically tried to protect ecologically sensitive shorelines and investigators probed whether a ship's anchor caused a pipe breach that sent tens of thousands of gallons of crude into the w
Brits are reportedly panic buying gasoline due to an ongoing energy crisis that is spilling out of China into Europe – and from there into the United States, potentially.