China’s demand growth is likely to be slightly lower than that of India by the mid-2020s.
Read More »Gold Is Better Hedge than Oil amid Middle East Crisis
Oil prices had peaked to their highest levels since the assault on two Saudi Arabian production facilities last September.
Read More »Oil Skids 1.5% as Investors Recalibrate Risk of Mideast Disruption
OPEC members pumped 29.50 million barrels per day (bpd) last month.
Read More »Oil Buyers Fear Iraqi Supply Hit in Spill From Iran Crisis
Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.
Read More »Tesla Record Pushes Norway’s Share of Electric Car Sales to 42%
Electric cars’ share of new registrations in Norway surged to a record in 2019. helped by Tesla Inc.’s best year ever in the Nordic country.
Read More »Goldman Says Oil Rally Likely Shortlived Unless Supply Disrupted
A flare-up in U.S.-Iran tension may be keeping oil elevated. but an actual disruption to global crude supplies is needed to keep prices at current levels.
Read More »Iran-Driven Oil Rally is a Boon to Troubled U.S. Producer
The U.S. airstrike that killed a powerful Iranian general and heightened tensions in the oil-rich region could boost the fortunes of troubled North American energy companies.
Read More »Mexico Hedges 2020 Crude Oil Exports at $49 Per Barrel
Mexico’s government hedged oil exports for this year at an average $49 a barrel. locking in protection against low crude prices.
Read More »Qatar will Provide Kuwait with Long-Term LNG Supplies in 15-Year Deal
Qatar plans to boost its production capacity to 126 million mt p by 2027.
Read More »Russian Begins TurkStream Gas Flows to Greece. North Macedonia
Russian gas producer Gazprom started shipping about 3 billion cubic metres (bcm) of gas to Bulgaria via TurkStream on January 1.
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