West Texas Intermediate for June delivery tumbled 1.4%, while global benchmark Brent also declined. Stock markets fell on inflation fears, while the dollar climbed, hampering prices. There was also an increase in U.S. crude stockpiles last week, the American Petroleum Institute reported. SourceContinue Reading

“Our goal is to have several vessels operating in Norway – both in the oil and gas industry and floating wind,” said Duncan MacPherson, the new managing director in Norway for Maersk Supply Service. SourceContinue Reading

The IEA’s Latest Proposal Is Both Reckless And Impossible | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – May 18, 2021, 7:00 PM CDT The International Energy...Continue Reading

How A Junior Miner Might Have Sparked A New Canadian Gold Rush | OilPrice.com Premium Content By Christine Bachmann – May 18, 2021, 6:00 PM CDT Gold plays like this only happen very rarely.  Since a major gold discovery last year in Quebec saw a small-cap miner buy up all the adjacent property, many investors...Continue Reading