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Category: Oil

Oil

Oil

Nuclear Deal Increasingly Unlikely As Iran Strengthens Ties With Russia

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,

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By admin
Posted onAugust 16, 2022
Oil

Money Won’t Solve America’s Power Grid Problems

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

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By admin
Posted onAugust 15, 2022
Oil

Permian Basin On Track For Record September Production

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

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By admin
Posted onAugust 15, 2022
Oil

The Finite Factor Standing In The Way Of The Renewable Revolution

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

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By admin
Posted onAugust 15, 2022
Oil

Coal Consumption Was On The Rise Even Before The Ukraine War

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

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By admin
Posted onAugust 15, 2022
Oil

China’s Crude Processing Dips To Lowest Since March 2020

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

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By admin
Posted onAugust 15, 2022
Oil

U.S. Utilities Embark On Huge Spending Spree, But There’s A Catch

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

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By admin
Posted onAugust 15, 2022
Oil

California Might Keep One Nuclear Plant Open

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

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By admin
Posted onAugust 15, 2022
Oil

What Does China’s Dismal Economic Report Mean For Commodities?

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

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By admin
Posted onAugust 15, 2022
Oil

German Households Will Foot The Bill For New Gas Tax

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

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By admin
Posted onAugust 15, 2022

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