Pesky Supply and Demand Law Hinders Trump's European Gas Dream
The U.S. will become a massive seller of liquefied natural gas, but President Donald Trump’s “massive buyer” will likely be Asia, not Europe.
Bab el-Mandeb, an Emerging Chokepoint for Middle East Oil Flows
Saudi Arabia temporarily halted oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern end of the Red Sea, after the country said two tankers were attacked by the Yemeni Houthi militia. Here’s why this waterway is starting to become a focal point for the global economy.
Oil Is Fine With Wars, Just Not Trade Wars
Conflicts typically boost prices, but this one threatens to crush demand.
Energy giants opening natural gas spigots, fueling profit rise
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits while sating rising global demand for fuels that can mitigate global greenhouse gas emissions.
Brent oil falls four percent to three-month low as supply outage concerns ease
Oil prices slumped about $3 on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.
Brent oil rises on concerns about spare capacity
Brent crude strengthened late on Thursday, recouping some of its losses from the previous session, as market focus returned to concerns about spare capacity following a warning from the International Energy Agency (IEA).
Oil rises but declines for the week as supply concerns ease
Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.
Aramco more resilient to oil slump than listed rivals: accounts
Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant’s finances ahead of a proposed flotation.
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