Good afternoon and happy Thursday, readers! In today’s Daily on Energy, we continue to keep eyes on the Senate as lawmakers are slated to vote tonight to confirm President Donald Trump’s pick to lead ...
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...
Oil futures finished higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement ...
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...
A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...
Alexander Novak said earlier that Russia’s oil and gas condensate production slipped by 1% in 2023 to around 530 mln tons, which brings the possible decrease in 2024 output to 2.7% ...
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...
Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.
Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...