The price of oil registers a slight drop this Thursday, a day after Brent traded at the highest since October 2014, with the additional boost from the International Energy Agency (IEA) estimates. Right now, West Texas Intermediate (WTI), the "benchmark" for the United States for March delivery, is at...
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Omicron puts oil prices back on the decline
Oil prices gave ground again on Tuesday after the International Energy Agency (IEA) said that the Omicron variant of the coronavirus is likely to penalize the recovery in global demand for crude. West Texas Intermediate (WTI), the US benchmark for January delivery, is down 1.39% to 70.30...
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IEA estimates that global gas demand will recover in 2021 and reach record highs
Global gas demand will recover this year from the shock of the covid-19 pandemic in 2020 and exceed 4 billion cubic meters for the first time, according to the International Energy Agency
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Oil companies must suspend projects to achieve zero emissions by 2050
Energy companies must halt all new oil and gas exploration projects starting this year if they want to keep global warming under control