Energy Crisis

Energy Crisis
Energy Production
Energy Stocks
Oil

Oil Rose to Highest Since March as Fuel Markets Heat Up

(Bloomberg) — Oil rallied above $114 as a global squeeze on refined products prompted concerns about summertime supplies and continued to pull fuel prices higher. West Texas Intermediate rose 3.4% to the settle at highest level since late March. US gasoline futures topped $4 a gallon for the first time ever, while the national average […]

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Energy Crisis
Energy Sector
Oil
Oil Drilling
Trade Of The Day
TradersPro Sunday

Top Oil Drilling Stock To Buy This Week

Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. BORR $4.8900 0.6700 % 15.8768 […]

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Energy Crisis
Gas Prices
Oil

The US Can't Make Enough Fuel and There's No Fix in Sight

(Bloomberg) — From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels. More than 1 […]

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Energy Crisis
Oil

OPEC Kingpins Sound Alarm Over World’s Dwindling Energy Capacity

(Bloomberg) —The oil ministers of Saudi Arabia and the United Arab Emirates warned that spare capacity is decreasing in all energy sectors, as products from crude to diesel and natural gas trade near record highs in the wake of Russia’s invasion of Ukraine. “I am a dinosaur, but I have never seen these things,” Saudi […]

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Energy Crisis
Oil

Oil Extends Slump as Europe Softens Russian Sanction Proposals

(Bloomberg) — Oil extended its biggest drop in more than five weeks after the European Union softened its proposed sanctions on Russian crude exports and as economic growth concerns weighed on sentiment. West Texas Intermediate futures fell below $103 a barrel in Asian trading after sliding around 6% on Monday. The bloc will scrap a […]

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Big Oil
Crude Oil
Energy Crisis
Energy Production
Oil

Chevron to Ramp Up Output at Biggest U.S. Oil Field

(Bloomberg) — Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. Chevron will produce at least 15% more from the Permian Basin this year compared with 2021, for a total output of about about […]

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Energy Crisis
Global Inflation
Retirement Crisis
Supply-Chain Crisis

Hunger and Blackouts Are Just the Start of an Emerging Economy Crisis

(Bloomberg) — A barrage of shocks is building that’s unlike anything emerging markets have had to confront since the 1990s, when a series of rolling crises sank economies and toppled governments. Turmoil triggered by rising food and energy prices is already gripping countries like Sri Lanka, Egypt, Tunisia and Peru. It risks turning into a […]

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Coal
Energy Crisis
Energy Production
Trade Of The Day
TradersPro Sunday

Top Coal Stock In The Buy Zone

This company produces and exports bituminous coal in the United States. It operates through PAMC, CONSOL Marine Terminal, and Other segments. The company engages in the mining, preparation, and marketing of bituminous coal to power generators, industrial end-users. CEIX $38.7700 1.1400 % 3.0300 Consol Energy Inc Sector : Oils-Energy Industry : Coal Signal Short Term […]

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Energy Crisis

U.S., Europe Closing In on Deal to Cut Demand for Russian Energy

(Bloomberg) — The Biden administration and European Union are close to a deal aimed at slashing Europe’s dependence on Russian energy sources, as the U.S. and its allies seek to further isolate and punish Moscow for the Ukraine war. President Joe Biden’s national security adviser, Jake Sullivan, said that an agreement would be announced as […]

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Clean Energy
Coal
Energy and Environmental Technologies
Energy Crisis
Solid State Battery

U.S. Unveils Battery Strategy in West Virginia to Ease Coal Loss

(Bloomberg) — Energy Secretary Jennifer Granholm and Senator Joe Manchin on Friday announced a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition away from coal. Lithium-based batteries are critical components of electric vehicles, grid storage and weapons, but the U.S. relies on international […]

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Energy Crisis
Energy Production
Energy Sector
Energy Stocks

Energy Firms Pay Record Prices to Buy Own Shares as Oil Booms

(Bloomberg) — Energy stocks are on a roll as soaring oil prices push them to record highs. So what are the companies doing with the windfalls? Buying back their shares. At least 21 large U.S. and Canadian energy companies have bought back their own stock in the last quarter, with the move continuing this year […]

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