By Stuart Burns via AGMetalminer.com At least that’s what the Financial Times reported Goldman Sachs saying this week with regard to the price of copper. The bank…
Crude oil prices turned around on Thursday, erasing most of the week’s earlier losses despite the latest EIA report that indicated crude oil inventories rose more than expected. WTI was…
U.S. natural gas stockpiles gained 110 billion cubic feet for the week ended May 26, putting more downward pressure on prices, particularly as storage is now 557 billion cubic feet…
Crude oil prices moved higher moments before the Energy Information Administration reported an inventory build of 4.5 million barrels for the week to May 26. At 459.7 million…
Iraq, OPEC’s second-largest oil producer, exported on average 3.3 million barrels per day (bpd) of oil in May, flat compared to April, according to the Iraqi oil ministry. Iraq’s revenues…
The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats whose pollution has, at times, caused more damage…
The debt ceiling bill proposed after talks between President Biden and House Speaker Kevin McCarthy cleared the first hurdle, with the House of Representatives giving it broad bipartisan support. With…
Climate activists have scored yet another victory against Big Oil after Norway’s giant sovereign wealth fund announced it will support proposals by ExxonMobil…
In the latest ambitious project to use solar energy in space for powering the earth, a public-private Japanese partnership plans to test as soon as in 2025 if…
Energy markets have been lackluster in the current year, and it appears the malaise and bearishness have spread into the M&A sector. Oil and gas executives have become increasingly hesitant…
Crude oil production from Argentina’s burgeoning shale patch, Vaca Muerta, could surge in the coming years and top 1 million barrels per day (bpd) by the end of the decade…
Colombia’s economically crucial energy patch is facing a grave crisis due to its shortage of proven oil and natural gas reserves coupled with leftist President Gustavo Petro’s plan to end…
Renewable energy, in particular solar power, is set to shine in 2023. This year, the U.S. plans to get over 80% of its new energy installations from sources like battery, solar,…
Climate activists are set for a courtroom showdown with the government over a newly-approved coal mine in West Cumbria after a date was set by the High Court for two…
Russian state-run oil giant Rosneft saw its first-quarter 2023 net profit rise by over 45% to around $4 billion, beating analyst expectations as production increases despite Moscow’s 500,000…
If it was Russia's intention to send oil tumbling after its oil minister last week said that OPEC+ has no intentions of cutting production, in the…
Gasoline prices are on the rise—increasing from a week ago by 2.7 cents on average in the United States, Gas Buddy said in a note on Tuesday. The nation’s average…
Oil prices slumped by another 3% early on Wednesday, extending the 4% losses from Tuesday after manufacturing data from China disappointed and the U.S. dollar strengthened. As of 7:27 a.m.…
Singapore, a major hub for oil transportation and storage, has detained this year a record-high number of oil and chemicals tankers that have failed to pass inspection—more than the number…
The last week or so has seen a flurry of major cooperation agreements - including in energy, security, and logistics – between various permutations of Iran, Iraq, Russia,…