The US is tightening sanctions on Iran and cracking down on its oil exports. But that’s not why the oil price has hit a new high, says John Stepek.
We're on the cusp of a revolution in the energy industry. It's one that could redraw the energy map of the world, give humanity the ability to tap essentially unlimited power sources, and – if you make the right investments – make a fortune for investors.
In short, we're living through a change in the way the world produces and consumes energy. It is a transition that's well under way. And it's being driven by the convergence of several key technological trends that are showing no sign of abating.
While you wouldn't be alone in thinking that solar power was further away than ever, you could be wrong. Solar is on the brink of becoming the world's dominant energy source.
US shale oil producers may be able to keep oil prices in a range around current levels.
Shale oil has revolutionised US oil production and released the oil market from Opec’s iron grip. John Stepek looks at the sector and explains how to play it.
The price of oil has drifted above $55 a barrel, the highest in 18 months. And pretty much everyone seems to think it will keep rising.
Lithium is the fuel of the clean tech revolution. That’s sent the stocks of lithium producers soaring. But we’ve seen this story before, says Dominic Frisby. It never ends well.
The world’s energy companies found only 174 new oil and gas fields last year, a 60-year low, compared to an annual average of 400-500 in the years leading up to 2013.
With Opec sticking to its cut in production, the oil price is hovering around $50 a barrel. But Donald Trump could easily change that, says John Stepek.
The US shale oil industry is adding more new rigs every month than at any point in the past two years, which should serve to cap the oil price rebound.