energy
In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports.
Silicon Valley might back green energy, but its business benefits from coal...
Many countries in the West, with the notable exception of Germany, have also recognized that nuclear power generation would help them achieve net-zero emission goals...
...the official data showed crude inventories plunging last week by the most since January...
Wind power generation, however, could begin to dip with warmer and still weather in the summer months...
...oil traders called Biden's bluff early at sanctions on Iran.
...several commodity analysts believe the markets are unduly discounting the risk of a full-blown war between Iran and Israel.
“We don't stop there. There are a number of solutions there, which I won't talk about yet. They are classified. But believe me, we worry about this very much,”
Nuclear energy has accounted for about 20% of the electricity generated in the US...
For the first time ever, India - which depends on imports for around 87% of its oil consumption - imported roughly equal volumes of OPEC and non-OPEC crude...
"The Iranians have mastered the art of sanctions circumvention. If the Biden administration is really going to have an impact, it has to shift the focus to China."
The tariff, according to an EU energy regulator who spoke with Reuters, is creating higher gas prices in some EU countries...
After a tumultuous period of geopolitics, traders are returning their focus to market fundamentals...
"...it has rendered reasonable debate on climate policy impossible..."
President Biden “wants to keep the price of gasoline affordable, and we’ll do what we can to make sure that that happens,”
...a small 715k barrel build in gasoline stocks is probably the most notable aspect of the report...
"The Middle East remains a powder keg, but in terms of oil production, it has yet to explode..."
Obviously, most folks want to maintain clean air, land, and water ecosystems...
"lower OPEC supply for longer, for instance because of geopolitical impediments to OPEC’s ability and/or desire to deploy spare capacity, could send Brent above $100 for some time."