Page 2 - Rob Thummel News Today

Oil fell as concerns about a longer period of elevated interest rates weighed on broader sentiment, countering signs of a tightening physical oil market.

Shell released a new study Wednesday in which it finds that global demand for liquefied natural gas (LNG) is likely to rise by 50 per cent by the year 2040. Shell projects total global demand for the precious commodity will rise to between 625-685 million metric tons per year over the next 16 years, with the biggest demand growth expected to come from China, South Asia and Southeast Asia.

Demand is going nowhere but up. If the US doesn't meet it, Russia will

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

The U.S. is unlikely to give up its crown as top exporter of liquefied natural gas, experts say.

The U.S. is unlikely to give up its crown as top exporter of liquefied natural gas, experts say.

Meanwhile, Chevron boss expresses concern for a long-term crunch.

NEW YORK: Oil prices were little changed on Tuesday (Jan 16), pressured as the dollar jumped to its highest in a month but supported by jitters about ...

The energy market is one that can appear to be heavily fluctuating based on demand and supply dynamics in the market.

Stagflation could be a possibility in 2024 as tensions in the Middle East and Red Sea escalate, raising risks of persistently high inflation.