Energy

LSE: Hubertus Vath from Frankfurt Main Finance said Euro clearing businesses have begun moving accounts to Frankfurt and would be naïve to think the UK could continue to dominate t

Although the EIA showed a larger-than-expected drop in crude oil inventories, the black gold closed the day only 4 cents above Wednesday’s closure. Where are oil bulls?
I have been watching the spread/price differential between September 17 heating oil and September 17 RBOB gas futures.
Shareholder activists focused on climate issues are gaining traction in their push to have large energy companies and utilities take account of the impact rising global temperatures could have on their businesses.
Comments on the Dollar, the euro and WTI crude.
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA's chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030.
Oil edged higher on Wednesday as OPEC said it was committed to eroding a global surplus of crude, but increasing shale production in the United States and still-high global stocks threatened to pull prices lower.
Philadelphia Energy Solutions Inc, the largest refiner on the U.S. East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June, a source familiar with delivery schedules said on Tuesday—a sign that the impending start of the Dakota Access Pipeline is pending trade flows.

Oil prices hit their lowest in 11 days on Tuesday on news that U.S. shale oil output in May is expected to post the biggest monthly increase in more than two years, fuelling concerns that U.S.

Oil prices edged higher on Thursday after the International Energy Agency (IEA) said the market was nearing balance, while U.S. data showing higher production kept gains in check.