Energy
Supertanker Rates Hit $800,000 a Day as Gulf Tensions Escalate
Supertanker rates on the Baltic Exchange’s benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. With…
Category: Energy
Energy
Energy
Trump’s Grid Battery Ban Leaves Developers Guessing
The United States is trying to build up its energy storage capacities at a rapid scale. At the same time,…
Energy
US Natural Gas Market Verging on Record Growth
US natural gas production is projected to reach a record high of 111.7 billion cubic feet per day (bcfd) in…
Energy
U.S. Crude Inventories Fall As Brent Prices Soar
Crude oil inventories in the United States saw a decrease of 400,000 barrels during the week ending September 4, according…
Energy
Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year
Outside Pecos, Texas, Chevron is getting ready to build a power plant to solve a problem the Permian Basin has…
Energy
Oil Breaks $100—and This Rally Has Legs
For months, crude oil prices have been constrained by reports of improving tanker traffic in the Strait of Hormuz. Even…
Energy
Iran’s Oil Exports Collapse as Hormuz Standoff Drags On
More than six months after the U.S.-Iran war began, shipping traffic at the Strait of Hormuz remains disrupted, and oil…
Energy
Negative Power Prices Are Piling Up Across Europe
Europe desperately needs to ramp up its energy storage capacity if it wants to avoid another energy crisis. In the…
Energy
U.S. Administration Eyes Venezuela’s Critical Minerals
After signing what President Donald Trump touted as “the biggest oil deal in world history” to take majority control of…
Energy
Britain Can Save £500 by Scrapping Net Zero, If It Ignores Most of the Bill
A new British report offers households an attractive deal: abandon net zero and save more than £500 a year. At…