President Trump has signed an executive order to withdraw the United States from the Paris Climate Agreement. This accord, joined by nearly 200 countries, aims to limit global average temperature increases to between 1.5 and 2 degrees Celsi……
Heading into 2025, the demand for natural gas is projected to increase, leading to a rise in prices.The expansion of liquefied natural gas (LNG) exports is a primary factor driving this demand.In 2024, U.S. natural gas production declined, ……
On January 10, 2025, the United States implemented its toughest sanctions yet on Russia’s oil trade, aiming to reduce revenue from Russia’s oil exports and limit funding for its war in Ukraine.These sanctions target major Russia……
Recently, US crude oil inventories have declined more than expected.According to data from the Energy Information Administration (EIA), crude oil inventories decreased by about 4.3 million barrels, significantly surpassing the market’……
The U.S. Energy Information Administration (EIA) forecasts that U.S. oil production will reach a record high of 13.55 million barrels per day in 2025, while lowering the estimate for 2024. The EIA anticipates that global oil supply will exc……
