There are several reasons to be short crude oil currently – economic recession in the U.S. and looming recessions in Europe, ongoing lockdowns in China,
Category: Oil
Oil
Despite tens of billions of U.S. dollars earmarked for grid modernization, the United States continues to face challenges in making sweeping investments in upgrading electricity
The largest shale basin in the United States, the Permian, is on track to hit a record 5.408 million barrels per day next month, with
Earlier this year, now former UK Prime Minister Boris Johnson said the country could become the Saudi Arabia of wind. In the United States, just
This article is the fifth in a series on the BP Statistical Review of World Energy 2022. The Review provides a comprehensive picture of supply
Crude throughput at Chinese refineries slumped in July to the lowest level since the height of the pandemic in March 2020, amid unplanned facility outages
Electric utility managers run in herds so to speak. Decades ago they decided to build nuclear-generating stations and almost every utility company that could did
Anticipating electricity supply shortages well into 2026, California Governor Gavin Newsom has proposed allowing the state’s last-remaining nuclear power plant to continue operations beyond its
US equity futures stocks were mixed and commodities from oil to iron ore tumbled as the latest round of terrible data from China further clouded
A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by Russia’s invasion of Ukraine is set to cost German