After the Deepwater Horizon rig exploded in April 2010, more than 134 million gallons of oil gushed unabated into the Gulf for 87 days, impacting an…
Browsing: Oil
Physical prices have surged to record levels. By Anders Lorenzen What we hear about the surging price of oil does not tell us the whole story…
The complexity of the carbon footprint of your Easter Egg. Image generated by AI. By Anders Lorenzen This Easter Sunday, millions of children will once again…
A US oil refinery. The US holds roughly 2.8% of the world’s total oil reserves. Photo credit: Patrick Henry/Unsplash. By Kate Whiting & Becca Byrne In…
The oil market is becoming more volatile. An aerial view of a large crude oil tanker ship on the Strait of Hormuz. Image credit: Clare Jackson…
Indian government debt weakened for a third day on Monday as oil prices stayed elevated, amplifying inflation worries and pressure on the rupee, while the Reserve…
Greenpeace warns of an imminent ecological disaster in the Persian Gulf due to the accumulation of oil tankers amidst regional conflict. Satellite image captured on 11…
Iran attacked commercial ships on Wednesday across the Persian Gulf and targeted Dubai International Airport, escalating a campaign of squeezing the oil-rich region as global energy…
As a result of the escalating conflict in Iran, oil prices surged past $100. AI-generated visualisation of high oil prices. By Anders Lorenzen The price of…
Russia is ready to divert oil to India to offset Middle East supply disruptions, with about 9.5 million barrels of Russian crude in vessels near Indian…