An Oil Supply Shock May Be Imminent
When the chief executive of Aramco said earlier this week that years of underinvestment had damaged the balance between supply and demand in the oil...
Asian stocks extend rally; oil steadies at pre-invasion levels By Reuters
[ad_1] © Reuters. People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022....
Family could sell huge Texas oil tracts – sources By Reuters
[ad_1] © Reuters. By Shariq Khan and David French (Reuters) – A Texas family which owns 70,000 acres in the Permian basin is exploring options...
OPEC+ sees tighter market in 2022, risks to oil demand growth By Reuters
[ad_1] © Reuters. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and...
The World’s Energy Problem Is Far Worse Than We’re Being Told
No politician wants to tell us the real story of fossil fuel depletion. The real story is that we are already running short of oil,...
Can You Really Go a Day Without Fossil Fuels?
What would life be like without products derived from fossil fuels? [ad_2] Source link...
Wall Street Sees Another Big Commodities Rally In 2022
Even with oil prices now around $95, and commodities across the board dropping amid bearish economic prospects, a lineup of analysts still see another bull...
Goldman Sees $5 Gasoline, $130 Brent By Year End
The price of retail gasoline just dipped below $4 per gallon, AAA data showed on Thursday, but prices could rise to $5 per gallon by...
Are BP, Shell and major oil shares still undervalued?
[ad_1] Shares in the world’s oil giants, including BP and Shell, have seen healthy gains this year, lifted by a tide of high demand and...
Indian shares rise on cooling oil prices, gains in auto
[ad_1] A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21,...