Meanwhile, the greenback climbed to a three-month peak, while the US 10-year Treasury yield held close to a more than one-year high, increasing the opportunity cost of holding gold, which pays no interest. “We have an economy that is recovering and inflation is materializing; that ultimately means that yields have room to move higher,” Bart...Continue Reading

Texas Will Not Reverse $16 Billion Power Overcharges During Freeze | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 08, 2021, 11:30 AM CST The Public Utility Commission of Texas has rejected a proposal to retroactively reverse the market pricing for electricity that resulted in...Continue Reading

World’s Top Oil Trader: OPEC+ Controls The Market | 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 – Mar 08, 2021, 11:00 AM CST The unexpected OPEC+ move from last week and...Continue Reading

Oil Falls After Spiking Due To Missile Attack On Saudi Tank Farm | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Mar 08, 2021, 10:00 AM CST Oil prices fell on Monday, hours...Continue Reading

Aramco’s Dividend Safe With Latest Oil Price Rally | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Mar 08, 2021, 9:30 AM CST The oil price rally will ensure Aramco is able to...Continue Reading

Gas Imports Surge As China Sees Coldest Winter In Decades | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Mar 08, 2021, 9:00 AM CST Natural gas imports to China jumped by 17.4 percent on the year in the first two months of the year to...Continue Reading

The Crisis Isn’t Over For Oil Refiners | 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 – Mar 07, 2021, 7:00 PM CST Refiners and integrated oil firms continue to struggle with...Continue Reading

The Single Biggest Threat To The Electric Vehicle Revolution | OilPrice.com Premium Content By Lars Andersson – Mar 07, 2021, 6:00 PM CST While 2020 was the year electric vehicles went mainstream, 2021 has revealed a gaping flaw in the EV boom. Demand for the new technology has skyrocketed, both in the United States and...Continue Reading

Why Hydrogen Needs Nuclear Power To Succeed | OilPrice.com Alan Mammoser Alan Mammoser writes about energy, environment, cities, infrastructure and planning. He writes the weblog, www.warmearth.us More Info Premium Content By Alan Mammoser – Mar 07, 2021, 4:00 PM CST For carbon-free hydrogen to play a significant role in decarbonization, it will need to be...Continue Reading

WoodMac’s Dramatic Plan For A 600% Carbon Tax | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Mar 07, 2021, 2:00 PM CST Last week, several Big Oil companies executives met at CERAWeek by IHS Markit energy conference to...Continue Reading