Oil rallied as supply concerns took center stage with the EU threatening to ban Russian supplies this year and U.S. regional fuel inventories dropping to record lows. SourceContinue Reading

The OPEC cartel – which has struggled for many months to revive oil supplies halted during the pandemic – effectively failed to increase output at all in April as members remained plagued by capacity constraints. SourceContinue Reading

Will Europe’s Desire For LNG Derail Its Climate Goals? | 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 – May 04, 2022, 4:00 PM CDT Europe’s rush to diversify its gas deliveries...Continue Reading

Diesel Prices Hit New Record On Wednesday | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 04, 2022, 3:00 PM CDT Diesel prices hit yet another new record on Wednesday at $5.43 per gallon, now some $1.2 more than a gallon of gasoline, according to...Continue Reading

Russia’s War In Ukraine Is Fueling A Spike In Fertilizer Prices | OilPrice.com Safehaven.com Safehaven.com is one of the most established finance and news sites in the world, providing insight into the most important sectors in the business and… More Info Premium Content By Safehaven.com – May 04, 2022, 3:00 PM CDT Russia’s war in...Continue Reading

By Charles Kennedy – May 04, 2022, 2:00 PM CDT Houston-based Cheniere Energy Inc reported an unexpected Q1 loss, but bumped its full-year profit forecast by 17% in its earnings release Wednesday, on the back of soaring LNG demand and natural gas prices. The largest LNG exporter in the United States, Cheniere reported earnings up...Continue Reading

China’s Coal Capital Could Emerge As A Green Energy Poster Child | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – May 04, 2022, 2:00 PM CDT Though...Continue Reading

Oil Prices Hit $110 As Europe Prepares To Ban Russian Crude | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 04, 2022, 1:00 PM CDT In one month, the European Commission proposes to ban all shipping, brokerage, insurance and financing servers related to the import...Continue Reading

Russia’s War Is A Geopolitical Minefield For Chinese President Xi Jinping | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – May 04, 2022, 12:00 PM CDT Russia’s...Continue Reading

Norway Plans Record Gas Volumes For Europe | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 04, 2022, 12:00 PM CDT As Europe moves closer to a ban on Russian oil, the voices to replace Russian gas continue to grow louder, with Norway’s Gassco pipeline...Continue Reading