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Commodities

January 26, 2023

Legislature on price gouging?

Crude Oil Prices

Big oil is ripping you off AND lying to you! We’re working with the Legislature on a price gouging penalty to keep oil company profits…

News
January 2, 2023

US Seeks to Refill its Depleted Oil Stockpiles

Brent Crude

The United States will halt oil-reserve sales in order to fill its depleted stockpiles. This decision by the US Department of Energy comes as global…

News
January 2, 2023

An Economic Overview of the LNG Boom

Natural gas

The natural gas industry has been booming for a few years now, with many countries turning to liquefied natural gas (LNG) as their primary energy source. But how long will this boom last?

News
December 21, 2022

Oil prices rise over $2 on drawdown in U.S. crude stocks

Crude Oil Prices

The second-largest economy on the planet is opening back up and that’s fuel prices worldwide. China’s crude oil imports from Russia in November rose 17%…

News
October 1, 2022

Growing alarm as many believe the U.S may be behind the Nord Stream  Pipeline sabotage.

Natural gas

Many in the U.S are pointing the finger squarely at the U.S, even as Biden said he would launch an investigation after the situation calms…

News
October 1, 2022

Iraq exported over 98 mln barrels of crude oil in Sept

Commodities

 Iraq exported 98.76 million barrels of crude oil in September with revenues of 8.77 billion U.S. dollars, the country’s oil ministry said Saturday. A total…

News
September 22, 2022

Oil going higher on Russian supply concerns in volatile trade

Brent Crude

Oil settled nearly 1% higher on Thursday, paring earlier gains as the market focused on Russian oil supply concerns, rebounding Chinese demand, and as the…

News
April 13, 2022

Putin said Russia can redirect energy exports away from West

Commodities, Geopolitics, Natural gas

“When it comes to Russian oil, gas and coal, we will be able to increase their consumption on the domestic market and stimulate the deep…

News
April 2, 2022

UK won’t get Russian gas

Brent Crude, Geopolitics

British energy major Shell will not be able to buy Russian gas due to London’s anti-Russia sanctions, Dmitry Peskov, the press secretary of Russian President…

News
March 3, 2022

Experts Warn of $185 Crude Oil

Crude Oil Prices, Geopolitics

Last month crude oil breached the $100 per barrel mark. West Texas Intermediate has continued to run higher, approaching $120 on Thursday before pulling back…

News
March 3, 2022

Germany Doesn’t want to weaponize oil and Gas, yet.

Commodities, Geopolitics

Europe is currently debating banning all Russian Oil. Yet Germany has been against weaponizing Oil. This is because Europe depends on Russia for much of…

News
March 3, 2022

Oil rises toward $120 after Biden hints at tougher Russian energy sanctions

Brent Crude, Commodities, Crude Oil Prices

Oil keeps rising w/WTI soars to highest since 2008 as Russia invasion upends the market. A decision by OPEC+ to continue its plan to gradually…

News
October 6, 2021

The US considers releasing emergency oil reserves

Crude Oil Prices

US considers releasing emergency oil reserves to bring down fuel prices. US energy secretary Jennifer Granholm is considering releasing crude oil from the government’s strategic…

News
September 13, 2021

Oil could top $100 per barrel in winter

Crude Oil Prices

Oil could top $100 per barrel if winter is colder than expected, that’s according to a note from Bank of America to its clients. Bank…

News

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