Sweden Embraces Nuclear After Renewables Disappointment
Sweden has recognized that it will need more than renewables to remove fossil fuels from its electricity generation. So, after voting to wean itself...
The Saudis Are Making Biden’s America the World’s Oil Cut Whipping Boy
When Joe Biden took control of the White House, relations with the Saudis almost immediately deteriorated from their Trump-era heyday. Biden insulted the Saudis...
Fear of More Rate Increases Push Oil Prices Lower
When Jerome Powell told Congress that more interest rate hikes are likely, the market, including oil futures, sold off. Charles Kennedy of OilPrice.com reports:
Oil...
Markets Not Convinced by Turkey’s Attempt at a Reset
After winning reelection as Turkey's President, Recep Tayyip Erdogan replaced his central bank governor and finance minister with highly regarded personnel, aiming at a...
Norway Prepares for Ocean Floor Mining
Norway, a powerhouse oil and gas producing country, has now outlined a plan to tap its undersea mineral resources. The government of Norway released...