Just shy of $100 a barrel -- that’s the cost of a type of crude that’s become prized thanks to the scramble for cleaner-burning fuels.
Read More »Cheaper Batteries. More Chargers for Electric Car Buyers in 2020
The rush to electrify transportation will shift to Europe from China in 2020 as carmakers and governments work to cut carbon emissions that lead to global warming.
Read More »OPEC Sees Growing Supply Threat From Rivals Beyond U.S. Shale
OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.
Read More »Geopolitical Tensions won`t Lead to Oil Market Shock
The oil market has been driven in recent years by a surge of non-OPEC production that has outstripped demand.
Read More »Toshiba Touts Algorithm That’s Faster Than a Supercomputer
It’s a tantalizing prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today’s most advanced supercomputers.
Read More »Iran’s Daily Gas Consumption Hits New Record High
Gas is supplied to 97 percent of people in the urban areas and 82 percent of people in the rural regions.
Read More »China is Looking to Seize Global EV Market
Chinese EV makers believe that it’s now their second chance to try to manufacture good-quality electric cars.
Read More »China Expected to Consume more Natural Gas in 2020
China has been promoting efficient. large-scale use of natural gas in sectors including industrial fuel. gas-fired power and transportation.
Read More »Strange Objects Spotted near Black Hole at Center of Milky Way
Astronomers say they have spotted strange objects near the huge black hole at the center of our galaxy that look like gas and behave like stars.
Read More »EU Trying to Cover Up Inability to Meet JCPOA Obligations
Raising the issue of renegotiating the 2015 nuclear deal. known as the Joint Comprehensive Plan of Action (JCPOA). is aimed at covering up the European Union’s failure to meet its obligations under the accord.
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