Oil prices rose in trading on Tuesday on rising demand and strengthening economy. Anadarko photo. Oil prices rise over 1 per cent Tuesday Oil prices rose over one per cent and Brent crude topped $70/barrel [Read more]
Oil prices rose slightly in seesaw trading on Monday. Anadarko photo. Oil prices impacted by restart of production from As-Sarah fields in Libya Oil prices seesawed in trading on Monday as the US dollar pared [Read more]
The hedge funds’ net long position in WTI increased from 455 million barrels to 542 million barrels between Jan. 2 and Jan 16 compared with only a minor increase in Brent. Hedge funds have increased [Read more]
Europe has a history of dramatically closing down power plants in response to political pressures. Nuclear power has been the main target due to public concerns about safety and waste disposal. Originally posted on The [Read more]
Saudi Arabia’s Energy Minister Khalid al-Falih said he thinks participants in the OPEC supply pact should continue to work together on rebalancing the oil markets beyond the end of 2018. Reuters photo by Heinz-Peter Bader. [Read more]
OPEC producers continue to match and better pledges made to cut their crude output. CNBC photo. OPEC producers cut output by 1.8 million b/d to rebalance market OPEC producers are concerned rising US shale production [Read more]
China coal use has risen significantly, despite pledges by Beijing to cut back on the carbon intense fuel. ChinaFotoPress/ChinaFotoPress via Getty Images. China coal mining ramped up to highest levels in years China coal miners [Read more]
Venezuelan oil output has fallen significantly and experts say the decline could continue. AFP/Getty Images photo. Venezuelan oil output down nearly 13 per cent last year OPEC data released on Thursday showed Venezuelan oil output [Read more]
Oil prices were mixed in trading on Thursday after the US EIA reported a significant drawdown in US crude stocks. Encana photo. Oil prices recover after slipping below $69/barrel Thursday Oil prices rebounded after slipping [Read more]
Washington and Oregon states both have put forward pollution pricing plans to their legislatures for approval this year. BP photo. Pollution pricing already in place in California, British Columbia By the end of 2018, California, [Read more]
Oil prices rose on Wednesday slightly as analysts await data reports from the API and EIA. ConocoPhillips photo. Oil prices up more than 50 per cent since June 2017 On Wednesday, oil prices rose slightly [Read more]
Photo above shows reclaimed oil sands tailings pond. Syncrude Canada photo. Oil sands tailings ponds hold over 340 billion gallons of waste Environmentalists are concerned a recent ruling by the Alberta Energy Regulator green-lighting the [Read more]
Alexander Novak says rises in oil prices could be due to cold winter On Tuesday, oil prices fell from three year highs on profit taking, but healthy demand and the OPEC supply cut agreement helped [Read more]
Hedge funds now hold more than 10 long positions in crude and fuels for every short position By John Kemp LONDON, Jan 16 – Hedge funds and other money managers have boosted their bullish position [Read more]
This article was originally posted on brookings.edu on Jan. 9, 2018 US oil and gas deregulation hits feverish pitch in January By Samantha Gross In the last few days, the Trump administration’s oil and gas [Read more]
Company to shift investment from sedans, ICEs to trucks and Ford EVs Ford Motor Company says it plans to increase its investments in electric vehicles to $11 billion by 2022 when it plans to include [Read more]
Oil prices sit near three-year highs Oil prices rose slightly on Monday as supply cuts by OPEC and some non-OPEC members participating in the cartel’s output reduction pact have helped tighten the market. By 1:41 [Read more]
RNC Minerals looking to build Dumont mine near Amos, QC Canadian mining company RNC Minerals is planning to build the world’s largest nickel and cobalt project next year. The company is currently lining up commodity [Read more]
NAFTA deadline could be extended beyond March After learning that US President Donald Trump is open to extending talks to modernize NAFTA, Canadian Foreign Minister Chrystia Freeland says Canada is prepared to spend as much [Read more]
T. Boone Pickens suffered series of strokes in late 2016 In a letter posted on LinkedIn on Friday, T. Boone Pickens says “Today, I’ve decided to walk off the job for a third time and [Read more]
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