By Charles Kennedy IEA Chief Birol: The world faces a “much bigger” energy crisis than the one of the 1970s. Back in the 1970s, the…
Posts tagged as “oilprice.com”
by Cyril Widdershoven The threat of cutting off gas supplies, if not being paid in Rubles, is taking another casualty. Russian gas giant Gazprom has…
By Charles Kennedy Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months,…
By Charles Kennedy The energy ministers of the world’s leading industrial nations on Friday urged OPEC to increase oil supply amid high oil prices that…
by Haley Zaremba Experts warn that Texans should be prepared for another massive grid failure. While Texas has made some progress in increasing surplus energy…
By Charles Kennedy The higher the energy bills in Europe become, the higher the chances are for a windfall tax on energy companies and utilities, as…
By Irina Slav Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably…
By Julianne Geiger Power demand in Texas amid the current heatwave reached a new record on Thursday and was set to break that record on Friday.…
By Alex Kimani Continued oil and gas exports as well as a propped-up ruble, have allowed Moscow to weather Western sanctions. JPM has backtracked on…
by Alex Kimani Coal prices in the U.S. surged to an all-time high in March as Russia’s war in Ukraine and an economic rebound from…
by Charles Kennedy Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6,…
by Charles Kennedy Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a…
by Rystad Energy A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of…
By Tsvetana Paraskova U.S. average nationwide gasoline prices hit $4.404 per gallon on Wednesday. Diesel prices also hit a new high on Wednesday, reaching $5.553…
By Julianne Geiger Russia’s crude oil production is on the rise so far in May, Deputy Prime Minister Alexander Novak told TASS news agency on…
by Robert Rapier The ongoing conflict in Ukraine and the subsequent sanctions against Russia have highlighted Europe’s vulnerability when it comes to energy security. At…
By Tsvetana Paraskova Russia is offering deep discounts for its crude following a wave of sanctions on its energy industry. While China and India are…
By David Messler The war in Ukraine has sparked an exodus from Russia, and some of the biggest oil companies in the world are writing…