Bloomberg reports that outgoing Russian oil shipments hit nearly 4 million barrels a day this week. That...... continue reading
Oil’s surge over the past month has already built in the geopolitical risk premium from the Middle East. A move higher will most likely depend on whether...... continue reading
Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector...... continue reading
The motivation there for the OPEC+ ministers would be to avoid the inevitable demand destruction that $100/barrel oil prices have caused in the past. It is a motivation that makes...... continue reading
Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy...... continue reading
Aramco earlier this year said it had scrapped plans to expand production capacity to 13 million barrels daily. The company said in January that the state had ordered it to...... continue reading
A new analysis by the energy think tank Ember has found that several countries in Europe could soon face bottlenecks in their national transmission energy grids, as more solar and...... continue reading
Some employees of French energy giant EDF want the company to reconsider its involvement in a hydro-electric plant in the Saudi desert that would power Crown Prince Mohammed bin Salman's...... continue reading
Saudi Arabia’s per capita fossil fuel consumption is the lowest among the Gulf states but still double that of Germany, representing a very significant financial opportunity cost in terms...... continue reading
Global benchmark Brent earlier pierced $91 a barrel, before trading little changed. The focus has shifted to a dramatic repricing of geopolitical risk, after Israel increased preparations for a potential...... continue reading