Why Oil Prices Jumped

Oil prices were steady on Friday, with crude benchmarks poised for multi-week gains amid a sharp drawdown in U.S. crude inventories, while trade tensions eased as Washington and Beijing agreed to hold high-level talks next month. Brent crude was down

MRI machines, fiber-optic cables, and kids’ birthday parties need it. Helium One wants to help. If Josh Bluett and his pal Thomas Abraham-James hadn’t run out of things to talk about during a road trip, they

Oil traders continue to look beyond the escalating U.S.-China trade war, bidding up oil prices as they watch tightening inventories. Crude prices have gained this week on the back of a questionable hope that the U.S. and China

Solo Oil PLC (LON:SOLO), a natural resources investment company focused on acquiring a balanced portfolio of production, development and exploration assets, will hold its Annual General Meeting at 11.00 am today at the office of Buchanan,

Oil headed for its first back-to-back weekly gain since June on signs the U.S. and China could be edging closer to a trade deal and as a growing list of central banks start easing policy to shore up

The world’s largest helium producer will shut up shop in 2021 – but global shortages of this vital gas are already upon us. It’s not the party balloons we should be worried about, either. Helium is

Solo Oil PLC (LON:SOLO), a natural resources investment company focused on acquiring a balanced portfolio of production, development and exploration assets, today noted the RNS released by Aminex this morning, in which it includes the following

Oil prices inched higher on Friday supported by expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand growth at its lowest level since the financial crisis of 2008. Brent crude futures were at $57.80 a

Higher than normal demand for natural gas helped spark an increase in wholesale energy prices last month, figures published on Monday by independent supplier Naturgy show. The company’s Energy Review and Forecast for July shows that wholesale electricity prices climbed

Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global economic growth outlook amid the U.S.-China trade war capped gains. Brent crude futures LCOc1 were up 25 cents, or 0.4%,

Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected. Tensions between the United States and Iran over Tehran’s

Oil prices rose on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply amid global trade tensions. West Texas Intermediate (WTI) crude had

The success, or failure, of trade talks between the U.S. and China will be a decisive factor in the oil price outlook this year, despite OPEC’s decision to extend production cuts, oil market expert Amrita Sen

Gold and oil prices have soared this week on the prospect of lower interest rates, rising tensions between the US and Iran, and uncertainty due to the US-China trade war. The oil rally continued on Friday

Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European Central Bank (ECB). Tensions in the Middle East after tanker

For those losing sleep over worldwide helium shortages, salvation may soon be at hand. Building on geological research over half-a-century old, subterranean gas seeps in southwestern Tanzania could yield enough helium to be a game changer

Exploration data suggests that Tanzania’s Rukwa Basin could hold large reserves of helium, a natural resource whose price has risen considerably in recent decades. Roaming across the Tanzanian plains on safari some six years ago, it

The UK’s crude and natural gas liquids (NGL) production increased by 9 percent annually to reach 1.18 million bpd in the first quarter of 2019, S&P Global Platts quoted statistics from the UK Department of Business,