Oil prices could stay at higher levels in the years to come as demand rebounds while supply remains tight, according to Goldman Sachs’ head of energy research. Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent […]

Russian President Vladimir Putin attends a session of the board of trustees of the Russian Geographical Society via a video conference call in Moscow, Russia April 14, 2021. Alexei Druzhinin | Reuters Russian President Vladimir Putin said Wednesday that oil prices could well reach $100 per barrel as demand for […]

Lignite mining taking place in Germany with wind turbines in the background. delectus | iStock | Getty Images The International Energy Agency issued a sobering warning Wednesday, claiming that clean energy progress remained “far too slow to put global emissions into sustained decline towards net zero.” The Paris-based organization made […]

Steam rises from the cooling towers of the Lippendorf power plant south of Leipzig, Germany. picture alliance | picture alliance | Getty Images Energy prices around the world are at record highs as a power crunch hits Europe and Asia — and the International Energy Agency warned Wednesday that volatility […]