Oil markets have become highly volatile in the current week as traders try to make sense of a mix of both bullish and bearish drivers. Oil prices rallied mid-week after…
Governments in Europe, the United States, Canada, and Australia have set themselves ambitious targets for a transition to a low-carbon energy system. These targets are overwhelmingly dependent on the mining…
In an unabated buying spree, China has continued to expand its gold reserves for a seventh consecutive month, reinforcing the sustained global demand for the precious metal among central banks.…
On June 1, during the course of his visit to Chisinau, Moldova, to attend the second summit of the European Political Community (EPC), Armenian Prime Minister Nikol Pashinyan announced that…
China is racing toward decarbonization at a rate that few could have predicted. The nation is crushing its competition in terms of clean energy spending, and Bloomberg recently…
The government needs to do more than ease the windfall tax to reassure troubled North Sea oil and gas companies over the UK’s investment climate and protect future production, warned…
In a recent development, on May 17, Russia and Iran officially signed an agreement for the construction of the Rasht-Astara railway (Kremlin.ru, May 17). This railway project…
Via AG Metal Miner The Automotive MMI (Monthly Metals Index) broke its sideways trend this past month, inching down 3.36%. Though all components of…
The total number of total active drilling rigs in the United States fell by 1 this week, according to new data from Baker Hughes published Friday, falling by 53 over…
For the sake of solar power, let's hope Canada can bring its rampaging arsonists to heel. That's because the shroud of smoke that covered much of the Eastern…
Smoke from Canada’s wildfires is preventing solar panels from catching sunlight, and solar power generation in the northeast United States is tumbling by more than 50% as a…
Saudi Production Cuts Provide Early Boost to Crude Oil Prices Monday began with a surge in U.S. WTI crude oil prices, driven by Saudi Arabia's announcement of an additional production…
1. Saudi Arabia Takes One for the Team - Saudi Arabia’s decision to unilaterally cut 1…
Energy Markets The biggest news of the week in oil markets is, of course, the newest round of OPEC+ production cuts that came out of the June 4 meeting, and…
"Editorial demands meant that this piece was written on Thursday, before the news of GMs move to the NACS broke. That story, however, doesn't really change things in terms of…
U.S. Defense Department officials have been busy spreading the message that in the event of an intensified conflict with China, CENTCOM could cut off China’s oil imports by blocking oil…
Uncertainty remains rife within oil markets after production cuts from Saudi Arabia were countered by economic concerns in the U.S., China, and Europe. Rumors that a U.S.-Iran deal was back…
India’s fuel sales surged in May from a year earlier and from April to new highs, suggesting that oil demand in the world’s third-largest crude importer is strengthening and could…
For a second consecutive year, Japan’s government is asking households and industries in Tokyo to save electricity this summer to ensure uninterrupted power supply in the hottest months July…
Crude oil was heading for the second week of losses in a row despite the additional production cut Saudi Arabia announced at last Sunday’s OPEC+ meeting. In morning trade in…