Tag Archives: oil pric

China produced a record amount of coal last year although output ended the year with a decline amid the latest surge in covid infections. Total output for the year reached 4.496 billion tons, which was a 9-percent increase on 2021, according to official statistics data reported by Reuters. Chinese government …

Despite the fact that U.S. crude oil production has recently hit the highest level since the pandemic low of below 10 million barrels per day (bpd) in May 2022, the growth rate has markedly slowed this year as the shale patch struggles, labor shortages, supply chain delays, and the high …

Last month, France’s president Emmanuel Macron accused the United States of a “double standard” because of the difference between the price at which liquefied natural gas produced in the U.S. sells in Europe and the price at which natural gas sells within the U.S. “The North American economy is making …

The biggest energy shock since the 1970s is expected to keep oil and other energy prices elevated for years as the Russian invasion of Ukraine is changing energy trade flows and consumption and production, the World Bank said in its latest Commodity Markets Outlook report on Tuesday. Prices of food …