World crude oil extraction reached an all-time high of 84.6 million barrels per day in late 2018, and production hasn’t been able to regain that level since then. Figure 1. World monthly cru... Read more

The sharp slump in crude oil this month has driven down energy stocks, but the pullback also presents an opportunity for investors to gain exposure to some high-quality companies, according... Read more

The cost of electric vehicle lithium-ion batteries plunged by an impressive 90% between 2008 and 2023, according to the U.S. Department of Energy, per recent reporting by CleanTechnica. Bett... Read more

In a case brought by the Sierra Club and other environmental groups, a federal court in Maryland has seriously unsettled oil and gas operations in the Gulf of Mexico, ruling that a 2020 deci... Read more

LAS VEGAS (KLAS) — Does it feel like you’re breathing smoke when you go outside in Las Vegas today? Might as well be smoking a cigarette when the air is this bad, right? The truth is, if you... Read more

Oil prices are rebounding after closing at the lowest level since December 2021. U.S. crude oil rebounded more than 2% on Wednesday, regaining some ground after prices closed at the lowest l... Read more

LAS VEGAS (KLAS) — A woman is accused of stealing nearly $40,000 from a man in Las Vegas after they drank together at a casino resort and she was invited to his apartment, police documents s... Read more

OPEC cut its demand growth forecast for the second time in as many months. Softening demand expectations in China are weighing on the oil market. Oil prices rose in the previous session as a... Read more

The amount and proportion of the powerful heat-trapping gas methane that humans spew into the atmosphere is rising, helping to turbocharge climate change, a new study finds. Tuesday’s study... Read more

Concerns about a supply glut in the markets are “completely overplayed,” Carlyle’s Jeff Currie said at the annual APPEC conference held in Singapore. While China’s ec... Read more