Oil executives and analysts predict that benchmark oil prices will continue to climb this year and surpass the $100 per barrel mark.
Recession fears lead to oil falling to a new six-month low
After a brief respite, oil fell to a six-month low on Wednesday. This was after concerns over a possible global recession that could weaken demand outweighed a report showing lower
U.S. Natural Gas Surges To A 13-Year High Upon Global Supply Crunch
As a result of strong demand, U.S. natural gasoline prices soared to their highest intraday levels in more than 13 years.
Oil sets for a seventh weekly gain as Brent maintains oil prices at $85 per barrel
Oil prices held steady at multi-year highs Friday. This erased some losses in Asian trading hours. Bullish sentiment was fuelled by concerns about stockpiles and tight supply.
Despite Covid Concerns Oil Bulls Remain Confident
U.S. inventory dynamics provided significant support for crude prices this week, with commercial stocks falling to the lowest level since January 2020, and signs that tightening will continue.
Ransomware gangs disrupted by response to Colonial Pipeline hack
Multiple ransomware groups claimed they were shutting down or scaling back operations on Friday as the U.S. government ramped up pressure while tech companies, cryptocurrency exchanges and others worried about
Top U.S. fuel pipeline recovering from devastating ransomware attack
After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels after a crippling cyberattack led to fuel shortages
Fuel shortages worsen on sixth day of top U.S. fuel pipeline outage
Fuel shortages worsened in the southeastern United States on Wednesday, as the shutdown of the largest U.S. fuel pipeline network entered its sixth day and gasoline stations ran out of
U.S. fuel supplies tighten as energy pipeline outage enters fifth day
Supplies of gasoline tightened further in parts of the United States on Tuesday as the shutdown of the nation’s biggest fuel pipeline by hackers entered its fifth day, raising concern
Will demand for battery materials outstrip supply?
As OEMs accelerate their EV programmes, there is growing concern that demand for battery materials will outstrip supply. Gavin du Venage considers the risks
Will demand for battery materials outstrip supply?
As OEMs accelerate their EV programmes, there is growing concern that demand for battery materials will outstrip supply. Gavin du Venage considers the risks