MarketWatch: Oil prices finish higher with supply concerns back in focus
Myra Saefong discusses concerns over oil supply and why oil prices may edge higher. “Oil futures finished higher on Tuesday to recoup their losses from a day earlier and then some, as concerns over tight supplies came back into focus. Natural-gas futures,...
IEA Chief: ‘First truly global energy crisis’ needs Russian oil
Business Insider reports, “Russian oil will need to flow back into the crude market to solve an unprecedented world energy crisis, the head of the International Energy Agency said Tuesday. Fatih Birol warned that recent supply cuts have fueled “the first...
How High Can Oil Prices Go in 2021?
We want to share this article we recently discovered that was written by Wood Mackenzie and published on Forbes.com. Wood Mackenzie is a global research and consultancy business powering the natural resource industry with nearly 50 years of experience in the industry....
Global Energy Review 2021
“Global energy demand is set to increase by 4.6% in 2021, more than offsetting the 4% contraction in 2020 and pushing demand 0.5% above 2019 levels. Almost 70% of the projected increase in global energy demand is in emerging markets and developing economies, where...
