The long-term demand projections from energy agencies, banks and institutions vary wildly, with some predicting moderate growth in the next decade while others predict a complete collapse
Oil traders ran for the exit during the last major sell off in oil, and now the latest Commitment of Traders report has revealed where that oil money flowed to
Many smaller and larger U.S. drillers have reduced hedging activities in 2022, but analysts now say that U.S. oil and gas companies are under-hedged for 2023, leaving them with unusually high price risk