China reopens after COVID restrictions, oil demand expected to rise HSBC sees only one U.S. Fed interest rate hike U.S. crude stocks jump in surprise build, biggest since February 2021 Russia sees no problems with oil exports despite sanctions NEW YORK, Jan 11 (Reuters) – Oil prices rose 3% on Wednesday to a week-long high …
Oil gains 3% on global economic optimism, despite surprise U.S. crude build Read More »
Dec 23 (Reuters) – Bitter cold and gusty winds on Friday knocked out power and shut down power generation across the United States, sending heating and electricity prices soaring as people braced for the parties. Winter Storm Elliott brought sub-freezing temperatures and severe weather warnings to about two-thirds of the United States, with cold and …
Storm cuts oil, gas and power generation in the United States, pushing prices up Read More »
Dec 9 (Reuters) – The effort to clear oil from the largest crude oil spill in the United States in nearly a decade will continue until next week, the U.S. Environmental Protection Agency said on Friday. environment, making it likely that the Keystone pipeline will be shut down for several more days. TC Energy (TRP.TO) …
Dec 8 (Reuters) – Canada’s TC Energy shut down its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a Kansas creek, making it one of the largest oil spills crude in the United States for almost a decade. The cause of the leak, which occurred in Kansas …
Keystone pipeline closed after 14,000 barrel oil spill in Kansas Read More »
SINGAPORE, Oct 25 (Reuters) – Tighter liquefied natural gas (LNG) markets around the world and reduced supplies from major oil producers have put the world in the midst of “the first truly global energy crisis”, said the head of the International Energy Agency (IEA). ) said on Tuesday. Rising LNG imports into Europe amid the …
The world is going through its “first truly global energy crisis” – IEA’s Birol Read More »
