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2 days Mozambique Says Total’s LNG Project Is Safe From Militants 2 days U.S. And Iran Set To Hold Indirect Talks On Nuclear Deal 2 days India Set To Review ‘Unfair’ Oil Import Contracts With Saudi Arabia 2 days EVs, Smart Appliances Pose Cybersecurity Risks 3 days Oil Demand Boosted By Highest Number Of Flights Since COVID Started 3 days Biden Administration Studies If EVs Can Enter Biofuel Credit Program 3 days Big Oil Beats NYC Appeal On Climate Change Lawsuit 3 day...

In his annual letter to investors this weekend, Buffett said,

Friday, February 26th, 2021 Oil prices took a breather on Friday after Brent traded just above $67 on Thursday. While downside risks remain, banks are now openly talking about the possibility of $100 oil at some point. OPEC+ still has the power to send oil prices down, but very few analysts are staking out overly bearish outlooks.  Texas scrutinizes blackouts. 5 members of ERCOT, the grid manager in Texas blamed for the historic outages last week, resigned on Wednesday. A sixth withdrew his application. Executives from Calpine Corp., Vistra Corp. (NYSE: VST), and NRG Energy (NYSE: NRG) bl...

Oil prices have fallen back below $60 but remain at levels not seen since January 2020. In this week's Global Energy Alert, our investing team breaks down the best way to trade the Texas freeze. Friday, February 19th, 2021 The Texas electricity crisis is easing, but the outages, damage, and human toll were historic. As of Friday morning, Texas grid operator ERCOT said that it would be emerging from “emergency conditions” later in the day. After a crazy week, WTI fell just a bit but held onto gains close to $60, a price not seen since January 2020.  Texas outage eases. As of Tuesday, aro...

Analysts are divided over whether oil prices can continue to climb, with WTI nearing $60 and profit-taking having begun. With 2021 shaping up to be one of the most important years for the energy sector in modern history, there is no better time to become an Oilprice.com premium member. Friday, February 12th, 2021 Brent held above $61 per barrel in early trading on Friday, despite some headwinds from a slight strengthening of the dollar. Analysts are now split on whether or not the rally has gone too far or has more room to run. OPEC cuts oil demand forecast. OPEC expects oil demand to rise b...