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France Moves Away from Renewable Targets in Favor of Nuclear Power

France s proposed energy legislation marks a significant shift in its energy policy, favoring nuclear power over renewable energy commitments and altering its climate objectives. ....

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Bottlenecks and Chokepoints: The World's Most High-Risk Shipping Lanes

The ongoing conflict in the Red Sea region is posing a significant threat to global shipping routes, affecting crucial chokepoints and potentially disrupting the flow of oil, food, and fertilizer shipments worldwide. ....

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U.S. Overtakes Qatar to Become World's Top LNG Exporter

In 2023, the United States became the world s largest exporter of liquefied natural gas, surpassing Qatar and Australia, driven by the restart of the Freeport LNG export terminal in Texas and increased production at the Calcasieu Pass facility. ....

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Wall Street: 2024 Is The Year Of The Pivot

U.S. and European equity markets have kicked off the new year on the backfoot, with both pulling back slightly on the second trading day of 2024 from 2023 record high closes. ....

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Crude Oil Inventory Balloons but Gasoline, Diesel Inventories Fall

Crude inventories ballooned this week according to API inventory data, but the build in crude inventories came along with declines in gasoline and distillates ....

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