According to Goldman Sachs commodity analyst Jeff Currie, consumers hoping for some reprieve from high energy prices will not be getting it any time soon. The analyst just updated Goldman’s…

European shipping companies have doubled the shipments of Russian oil they have contracted to move around the world since the start of the Ukraine war, despite the West’s efforts to…

As Russia’s war in Ukraine rages on, analysts are noting that given the windfall profits in energy that Russia is enjoying, sanctions are probably not the deterrent the West would…

Saudi Arabia raised prices sharply for July crude sales, prompting the price of oil to rise more than $2 in early trading on Monday. Brent crude futures rose $1.80, or…

Rising gas prices may finally be affecting the economy, new data indicates. Gas consumption has been declining at 3-5% for the past seven weeks, and is 3% lower than last…

The OPEC Cartel and countries allied with it such as Russia, have announced they will raise output by 648,000 barrels per day in July and August.. This will offer modest…

Gasoline prices rose five cents overnight, rising to a high of $4.67 gallon, AAA revealed. 18 states are now hovering around $5 per gallon, as drivers face a 50 percent…

In the latest escalation over energy related to the conflict in Ukraine, Russia cut off its gas supply to Denmark, after the country refused to pay for its gas in…

Since Moscow first entered Ukraine on February 24th, India has purchased 34 million barrels of oil from Russia, according to Refinitiv Eikon data. Compared to the same period in 2021,…

EU member states reached an agreement on a sixth round of Russian sanctions, including new limits on oil exports, it was announced Monday. After weeks of back and forth, it…