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Oil Prices Rebound From Three-Month Lows

After two days of losses triggered by fears of a banking sector meltdown after the collapse of Silicon Valley Bank, oil prices rebounded early...

Senator Manchin Threatens To Block Biden Nominees Over IRA Energy Provisions

Democratic Senator Joe Manchin on Friday threatened to hold up more of President Joe Biden’s nominees if the Administration doesn’t stick to the energy...

Shell Announces Another Deepwater Oil Discovery Offshore Namibia

Shell, QatarEnergy, and Namibia’s state oil firm NAMCOR have discovered light oil in a deepwater exploration well drilled offshore the West African country, the...

IMF Injects Optimism Into Oil Markets

The International Monetary Fund has added a dose of optimism to oil markets by revising its global economic growth outlook to reflect a lowered...

OPEC+ Set To Keep Oil Production Unchanged

The Joint Ministerial Monitoring Committee of the OPEC+ group is expected to recommend keeping the current levels of oil production when it meets next...

2023: Expect A Financial Crash And Major Changes In Global Energy Markets

After central bankers brought about recessions in the past, the world economy was able to recover by adding more energy supply. This time...

Oil Prices Climb As China Reopens Its Borders

Crude oil prices began the week with gains after China reopened its borders, spurring optimism that the country was indeed coming out of its...

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