Steve Andrews

After a relentless four-week climb, U.S. national average gasoline prices have declined, falling 5.4 cents from a week ago to $3.86 per gallon on Monday.

With less than two months to go before a ban on Russian crude oil imports comes into effect, EU countries have yet to diversify more than half of their pre-war import levels away from Russia.

We will struggle to avoid a gas emergency this winter without at least 20% savings in private households, businesses and industry.

Shale will likely tip over in five years, and US production will be down 20 to 30% quickly. When it does—this feels like watching the steam roller scene in Austin Powers.

OPEC+ is now producing below its targets by a record 3.58 million barrels per day – about 3.5% of global demand – highlighting underlying tight supply in the oil market…

Bank of America Securities analysts laid out cases in a recent note to clients for oil prices to both rise and fall by as much as $20 over the next few months.