Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar strengthened. Again, geopolitical tensions in the Middle East were not a major contributor to price movements. Downwardly-revised demand and price forecasts for next year also put pressure on prices.
In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, outlined that “oversold NYMEX natural gas trampoline[d]… higher” on…
Half of China’s truck sales are set to be electric vehicles by 2028, according to the top executive of Chinese battery giant CATL, which holds more than a third of…
