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How Gulf states can square the oil revenue circle

When will oil revenues run dry, and what will replace them when they do? Those are the existential questions facing economic policymakers of the oil exporting countries of the Arabian Gulf. Nowadays everyone โ€” including the Gulf states themselves โ€” agrees that demand for hydrocarbon fuels is likely to fall dramatically over the next three decades. How do regional governments
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Will Biden's release of oil reserves ease prices? Experts say it's unlikely

Americans are unlikely to see a significant drop in gas prices immediately after the Biden administration's decision to release 50 million barrels of oil from the nation's reserve. However, several factors are already in play that may drive prices down. The White House announced the release of 50 million barrels...
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Gas prospects lose steam as renewables gather pace

The natural gas industry has spent the past decade pitching its product as the cleanest fossil fuel and a necessary bridge from the coal-powered past to a renewable future. But the fuelโ€™s prospects have been called into doubt as energy transition gathers pace, casting a shadow over an industry that has pumped tens of billions of dollars into projects to produce and ship natural gas worldwide. Climate politics have tilted against natural gas. Japan, South Korea, the EU and the US have pledged ...
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Source: ft.com

China's Oil Storage Levels Are Falling In Early 2021

2 hours SEC: ConocoPhillips, Occidental Should Hold Shareholder Votes On Emission Goals 3 hours Saudi Forces Strike Yemen In Response To Attack On Aramco 2 days Oil Firms Discuss Return To Venezuela As Maduro Promises End Of Monopoly 3 days Nuclear Overtakes Coal Fired Power Generation In Historic Move 3 days China Bans Tesla Use At Military Sites Over National Security Concerns 3 days Riyadh Refiner...
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