The US shale oil boom is officially over

Gone are the days of explosive growth in US shale oil production. US oil production is increasing, but at a much slower pace than before the 2020 crash, and at lower rates than expected a few months ago. The shale sector’s new priorities – capital discipline, focus on shareholder returns and debt repayment – have … Read more

France plays bad cop as transatlantic trade tensions escalate – Politico

Click play to listen to this article PARIS – US President Joe Biden should take notice. France is resuming its traditional role as Europe’s troublemaker on the transatlantic trade front. It looked as if the bad blood between Brussels and Washington was running low under Biden. Facing a common enemy in China, the European Union … Read more

Oil traders benefit from volatile markets

The world’s commodity and oil traders are playing an important role in securing supplies amid the global energy crisis and disruption to trade flows following the Russian invasion of Ukraine. Last week, the world’s largest oil and gas traders met in singapore One of the most important conferences in their field. The war in Ukraine … Read more

The perfect storm is brewing in US diesel markets

1. Stike’s threat to rail highlights US energy weakness The possibility of a nationwide rail strike has pushed US natural gas futures above 9 per million British thermal units, amid fears of rail disruptions to coal, underlining the importance of gas in power generation. – According to the US Energy Information Administration, US natural gas … Read more