Via Metal Miner Compared to other metal industries, components of the automotive industry still remain somewhat strong, despite the Automotive…
It is easy to lose sight of the wood for the trees sometimes in the complex world of global oil. And perhaps no subject in that world involves so many…
Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s…
Brent crude fell below $85 per barrel on Tuesday as poor import/export data from China weighs on oil markets.
Little-known and newly-incorporated trading companies have handled large volumes of Russian crude oil and products since the Russian invasion of Ukraine and the withdrawal of Western firms from trades with…
After five commercial oil discoveries in Surname’s offshore Block 58, the government in Paramaribo was optimistic the tiny, impoverished country was on track to enjoy an oil boom on the
India’s crude oil imports from Saudi Arabia plunged by 34% in July just as the top global exporter started reducing its production by 1 million barrels per day (bpd) on…
The U.S. shale revolution has dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off in 2008 to the Permian…
A surge in U.S. crude oil exports is changing the face of the global market and how oil is priced, with the price of U.S. crude gaining weight…
For the past 70 years, BP has annually published the Statistical Review of World Energy. Having been a trusted resource for the wider energy sector since its inaugural…
Following the energy shortages of 2022, the U.S. has been racing to reinvigorate its nuclear energy sector. Long neglected, nuclear power appears to be making a comeback in the U.S.,…
There are those who believe our current way of life is not facing any near term threat and will go on indefinitely. In this view, any existential problems—should…
As researchers and energy companies around the globe invest heavily in the exploration of new clean energy sources and related technologies, several new discoveries are emerging, but whether they will…
While Kyrgyz authorities were preparing the population for possible electricity shortages this winter, a giant crypto-mining farm was consuming more power every day than cement factories, gold mines,…
Global superpowers around the world are on the hunt for rare earth minerals. As the global clean energy transition gains traction, key components of clean energy and electric vehicle infrastructure…
Via Metal Miner Although aluminum prices started to rebound in the short term, they have yet to breach…
There are about 104 gas pumps per 1,000 road miles on average in the United States compared to just 22 EV charging ports for the same road distance, a
The relentless drive of OPEC+ to keep driving oil prices higher, as predicted by OilPrice.com some time ago, was seen again in last week’s extension of major…
Lower oil prices dragged down the profits at Saudi Aramco by 38% in the second quarter of 2023, but the world’s largest oil company is boosting dividend payout…
Crude oil prices inched lower on Monday but remained elevated following a six-week winning streak. Supply concerns spiked when Ukrainian forces attacked two Russian oil tankers in the…