Topline Soaring energy prices triggered by Russia’s invasion of Ukraine could have pushed millions of people around the world into extreme poverty in 2022, researchers warned on Thursday, urging gover...
Tag: Oil market
Potential Of Peak Shale Puts Oil Market On Edge
ODESSA, TEXAS: An oil pumpjack setup pulls oil from the Permian Basin oil field on March 13, 2022 in … [+] Odessa, Texas. United States President Joe Biden imposed a ban on Russian oil, the worl...
Spread Of Unrest To Iran’s Oil Industry A Milestone
TEHRAN, IRAN – JUNE 03: Iranian President Ebrahim Raisi delivers a speech on the eve of the 33rd … [+] anniversary of Ayatollah Khomeini’s death at his grave outside Tehran, on June ...
Recession Risks To Supply, Short Energy Markets Are Overstated
An oil rig south of Taft, California extracts crude. (Photo by David McNew/Getty Images) Getty Images Commodities have taken a pounding in recent days on growing fears of a global recession and demand...
Oil Services Industry Entering New Boom Time Thanks To Tight Market
Industrial Fracking Oil Well pumping natural resourcesFracking Oil Well is conducting a fracking … [+] procedure to release trapped crude oil and natural gas to be refined and used as energy get...
The Ukraine Crisis Is A Wake-Up Call For Energy Security
23 February 2022, Netherlands, Rotterdam: The LNG tanker BW Pavilion Aranda is moored at the pier in … [+] the port of Rotterdam. Photo: Federico Gambarini/dpa (Photo by Federico Gambarini/pictu...
SPR Release Had A Minimal Market Impact—But Might Be Repeated
President Joe Biden. (Photo by Tom Brenner/Getty Images) Getty Images Oil price stability is in the eye of the beholder, but without question, after last year’s collapse, prices have been relatively s...