Lithium-ion and battery producer AMTE Power’s shares crashed more than 70 per cent today, following an announcement that the company needed to raise new funds within the next few weeks. AMTE Power – who are currently set to build a £200m gigafactory in Dundee – said in the announcement that it needed to raise more...Continue Reading

Russia Sees $80 Oil Price As Realistic This Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2023, 8:30 AM CDT It is realistic to believe that oil prices could reach $80 per barrel this year, it is an achievable price point, Russian...Continue Reading

Bullish Refinery Data From China Lifts Oil Prices | OilPrice.com Premium Content By Editorial Dept – Jun 16, 2023, 8:19 AM CDT September West Texas Intermediate (WTI) crude oil futures experienced another volatile week, culminating in a 3% increase to reach a one-week high on Thursday. Several factors contributed to this rise, including a weaker...Continue Reading

European Natural Gas Prices Are On The Rise | OilPrice.com Premium Content By Editorial Dept – Jun 16, 2023, 8:18 AM CDT 1. European Natural Gas Prices Start to Climb – Bottoming out in early June, European spot natural gas prices have been on the rise ever since and are currently flirting with the €40...Continue Reading

Ukraine’s Counteroffensive Has Begun | OilPrice.com Premium Content By Editorial Dept – Jun 16, 2023, 8:16 AM CDT Politics, Geopolitics & Conflict In what is perhaps Ukraine’s most significant counteroffensive since the war began, Ukrainian forces began a series of attacks on the Russian frontline last week, claiming earlier this week to have retaken some...Continue Reading

How To Protect Your Wealth If The Fed Is Lying About More Interest Rate Hikes | OilPrice.com Premium Content By Editorial Dept – Jun 16, 2023, 8:14 AM CDT Shortly after Fed Chair Jay Powell started talking in the press conference that followed the FOMC meeting and interest rate statement on Wednesday, it was clear...Continue Reading

By Editorial Dept – Jun 16, 2023, 8:10 AM CDT Oil markets very briefly (and dramatically) reacted to rumors this week that an Iranian nuclear deal is back on the table. For some reason, even a whisper of this sends oil prices spiraling down on the notion that millions of barrels of Iranian oil will...Continue Reading

Optimism Around Chinese Demand Boosts Oil Prices | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jun 16, 2023, 8:07 AM CDT Oil markets got some rare good news out of China this week, with Beijing loosening monetary policy and issuing...Continue Reading

The U.S. Becomes The World’s Second-Largest EV Market After China | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jun 16, 2023, 7:00 AM CDT Tax credits led to a surge...Continue Reading

World Bank Calls For Fossil Fuel Subsidies To Be Redirected | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jun 16, 2023, 6:59 AM CDT In a new report, the World...Continue Reading