• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 days Solving The Space Problem For America’s Solar Industry
  • 22 hours How Far Have We Really Gotten With Alternative Energy
  • 3 hours Investment in renewables tanking
  • 4 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 4 days If hydrogen is the answer, you're asking the wrong question
  • 12 days "Mexico Plans to Become an Export Hub With US-Drilled Natural Gas" - Bloomberg - (See image)

Breaking News:

U.S. Gasoline Prices Ripe For Volatility

Article Archive | Page 2

Mixed Data Keeping Oil Markets On Edge

Jun 09, 2023 at 14:34

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…

Labor Shortage Threatens Energy Transition Targets

Jun 09, 2023 at 09:42

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…

China’s Gold Buying Spree Continues For Seventh Consecutive Month

Jun 09, 2023 at 08:12

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.…

A New Chapter In The Caucasus? Armenia And Azerbaijan Make Strides Towards Peace

Jun 09, 2023 at 08:07

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…

Massive Clean Energy Investments Propel China's Energy Transition

Jun 09, 2023 at 07:54

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…

North Sea Oil Investment Needs More Than Just Windfall Tax Relief

Jun 09, 2023 at 07:51

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…

Russia And Iran Boost International Trade With North-South Transport Corridor

Jun 09, 2023 at 07:46

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…

High Vehicle Costs Dampen Steel Market Momentum

Jun 09, 2023 at 07:42

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…

U.S. Drilling Activity Continues Its Slide

Jun 09, 2023 at 12:11

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…

Canadian Wildfires Trigger Unprecedented Solar Energy Decline

Jun 09, 2023 at 07:37

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 Causes U.S. Solar Power Generation To Plunge By 50%

Jun 09, 2023 at 10:08

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…

The Oil Market Has Shifted Into A New Cycle

Jun 09, 2023 at 09:08

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…

Saudi Arabia's Oil Earnings Drop

Jun 09, 2023 at 09:06

1. Saudi Arabia Takes One for the Team - Saudi Arabia’s decision to unilaterally cut 1…

Tensions Between The Wagner Group And Russia's Military Mount

Jun 09, 2023 at 09:05

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…

Is The EV Charger War Over?

Jun 09, 2023 at 09:03

"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…

The Prospect Of Weaponizing Oil Against China

Jun 09, 2023 at 09:00

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 In Oil Markets As Sentiment Swings On Mixed Signals

Jun 09, 2023 at 08:47

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 Demand Jumps To Record High

Jun 09, 2023 at 07:34

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…

Japan Calls On Tokyo Residents And Industry To Save Energy

Jun 09, 2023 at 04:45

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…

Oil Prices Headed For Weekly Loss Despite Saudi Arabia’s Production Cut

Jun 09, 2023 at 01:51

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…

Oilprice - The No. 1 Source for Oil & Energy News