Strong economic recovery in the U.S. and global oil pick-up looks hopeful for investors, raising their expectations. However, according to energy analyst Vandana Hari, these expectations might be overly optimistic. Several U.S. states have moved
OPEC’s delayed decision on the oil output level rose prices after OPEC+ internal strife delayed production levels. New York Oil maintained most of its overnight gains. Disagreements within the Organization of the Petroleum Exporting Countries
Analysts said that OPEC+ would hold a meeting with Russia and other allies on Thursday. It is expected OPEC to grasp world oil prices than they have in years. OPEC+, an oil producer and its allied organization,
The current trend of iron ore prices is around US$220.50 per ton. This is more than twice the level of last year. In fact, in June last year, iron ore prices exceeded the $100 per
Oil prices in Asia fell in early trading on Tuesday, and the decline remained below US$73 per barrel. The drop could be caused by the rapid spread of the COVID-19 virus in certain countries, dimming
The United States and Iran keep arguing over the resumption of the nuclear agreement. Besides, investors are paying attention to the outcome of the OPEC+ meeting this week. The meeting delayed the surge in Iranian
Gold prices held steady on Friday as investors waited for the mixed signal from U.S. Federal Reserve (Fed/FED) officials to raise interest rates this week and announce U.S. inflation data later today. As of 0104
In the first half of 2021, the global average onshore wind power costs have fallen. However, the rising commodity prices might make renewable energy more expensive. If commodities such as steel and copper continue to
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