energy
Since the mid-1990s, China’s extraordinary economic expansion almost singlehandedly drove a supercycle in key commodities prices it required to power such growth, including oil and gas.
Germany’s move to eliminate the last vestiges of its nuclear energy sector also comes at a time when the nation’s energy security is a cause for some concern.
These two statements can not be true at the same time.
...oil prices are trading around support at their 100DMA...
South Korean buyers grow reluctant to go through with their deals amid a government crackdown on sanction evasion...
An organization called the Stop Burke-Lake James Megasite was formed by residents to fight what they see as government overreach...
...but WTI found technical support at its 100DMA for the third day in a row...
In 2023, solar energy accounted for three-quarters of renewable capacity additions worldwide...
Norway saw cash flow from its stakes in oil and gas fields nearly halve in the first quarter of 2024 compared to the same period of 2023, as natural gas prices slumped and gas consumption in Europe was below expectations.
Permian producers are not shutting in oil wells with associated natural gas despite the fact that the Texas regional gas price has been stuck at below-zero levels since early March.
...crude stocks rose by the most in three months.
LNG has become the most important swing energy source in an increasingly insecure world...
Crude stocks unexpectedly rose almost 5mm barrels last week..
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.