Saturday, June 7, 2025
The World's Coming Mega-Population Centers and the Energy They Will Need

Oil Hits 2019-High on OPEC Supply Cuts, Iran and Venezuela Sanctions

From Reuters/CNBC SINGAPORE, Feb 18 (Reuters) – Oil prices rose to their highest levels in 2019 on Monday, lifted by OPEC-led supply cuts and by U.S. sanctions on Iran and Venezuela. U.S. West Texas Intermediate (WTI) crude oil futures hit $56 per barrel for the first time this year, before edging back to $55.89 per barrel by 0051 GMT. That

EU Starts Natural Gas Price War that Trump and Putin Will Love

Pipeline rules seen removing political risk in European prices From Bloomberg The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region. The battle won’t brutalize earnings too much because gas supply is just so profitable in Europe, where prices are more