Energy UK’s Emma Pinchbeck on ELN: “Energy crisis is an unusual black swan event”

Energy UK’s Chief Executive said that the crisis exposed the real vulnerability of the UK’s retail industry

Which are the top 5 oil-producing countries in the world?

This week, the ELN top 5 series looks at the five largest oil producers in the world

OPEC to boost oil production to stabilise market

An agreement has been made to increase production to 400,000 barrels a day each month from August until December to control the market

Masdar to build 2GW of solar PV in Iraq

Iraq, which is currently the second-largest oil producer in the OPEC, is targeting 10GW of solar energy by 2025

Changes are coming; are we ready?

With both the American election and winter around the corner, as well as rising COVID cases spurring new measures and lockdowns, how are markets reacting?

African oil producers to readjust fuel production in line with OPEC advisory

APPO members have committed to cutting daily oil production to 10 million barrels a day, with effect from May 1 2020

US announces energy industry slowdown as demand drops

The department stated that once markets normalise, the nation would resume course to become a ‘net energy exporter’ in 2020

North Dakotan Senator calls for embargo on Russia and OPEC oil

Riyadh, Moscow and Abu Dhabi have vowed to boost oil production as of 1st April, when the current OPEC agreement to curb oil production expires

Saudi Arabia’s king replaces energy minister with one of his sons

Prince Abdulaziz bin Salman has been sworn in as the new Minister of Energy – the first time the oil portfolio has been given to a member of the royal family

The Crude Oil Outlook for 2019

Throughout 2018, many market analysts found the price of oil difficult to predict, with economic and political events confounding market expectations and leading to inaccurate predictions