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AI Chip Stocks Stage Rebound: Nvidia, AMD Lead Recovery Ahead of Micron Earnings Shock
AMD Steady, Nvidia Higher: Semis Try to Shake Off Selloff Ahead of Micron...
Inflation is about more than oil. These two hidden triggers could force a Fed rate hike.
The PCE inflation report will either calm Wall Street or ignite fears of a restrictive Fed....
India Caps Fuel Sales to Avoid Shortages
India has imposed limits on gasoline and diesel sales at retail fuel stations to avoid supply crunches, with commercial consumers banned from buying any fuel from retail stations, Bloomberg reported, ...
Goldman Sachs Cuts 2027 Oil Price Estimate on Demand Uncertainty
Goldman Sachs has revised down its estimate for oil prices next year, basing the revision on expectations of stronger supply and weaker demand. The bank sees Brent crude averaging $80 per barrel in 20 ...
U.S. To Build Its First Ever Floating LNG Export Terminal
Over the past couple of years, the United States has established itself as the world's largest exporter of liquefied natural gas (LNG), with an operational liquefaction capacity of ~15.4 billion cubic ...
Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions
The port of Rotterdam has seen, in recent years, increasingly sophisticated attempts by fraudsters to scam millions of dollars out of traders by paper fraud, offering non-existent oil storage at one o ...
Iraq's Energy Sector Faces Its Most Important Test in Decades
Iraq’s oil sector has been discussed over the last few years primarily through the lens of production figures, OPEC quotas and reserve estimates. The latter, however, is no longer sufficient or even a ...
Big Tech's Private Power Plants Will Drive Up Your Energy Bill, Experts Warn
As urged by President Donald Trump, tech companies are starting to build power plants alongside their new data center campuses to provide their own energy. The Trump administration has promised that t ...
The Reliability Crisis Utilities Don't Want to Talk About
What are the optics? AI centers are gobbling up power production, transmission space, and water. Transmission line expansion at a pitiable pace. A rush to build enough power plants. Forest fires burn ...
9 Billion BOE on the Table as Kazakhstan Opens Biggest Licensing Round in Years
Kazakhstan’s 12th hydrocarbon licensing round puts 30 suboil plots across roughly 53,000 sq km on offer, backed by more than 9 billion preliminary estimated hydrocarbon resource potential. With signat ...
OPEC Sees Oil Demand Growth Outpacing Supply Through 2027
OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected to continue outpacing non-OPEC+ supply additions despite months of war-rela ...
Britain’s Electric Vehicle Market Is Booming as Fuel Prices Climb
Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car su ...
Oil Held the Biggest IPO Record. Tonight It Loses the Crown.
For nearly seven years, the largest IPO in history belonged to an oil company. Not just any oil company. Saudi Aramco, the crown jewel of the world's largest crude exporter, raised $29.4 billion in it ...
Why Power Prices Are Rising Faster in Deregulated States
Back in the last century, when neo-liberalism, deregulation, and privatization were all the rage, we, in the USA, decided to restructure and deregulate the electricity industry, on the theory that suc ...