The global manufacturing sector has had a turbulent decade, with major developing economies shifting into the top tier of manufacturing nations, a severe recession stifling demand, and manufacturing jobs in advanced economies falling at an accelerated rate. Oil and Gas, however, is vital to both the developing and developed worlds. It continues to provide a route from […]

Oil prices could experience an “off the charts spike” as winter approaches and OPEC and its allies stick to their earlier pact on oil output, a strategist told CNBC. OPEC+ — the Organization of the Petroleum Exporting Countries, with their allies including Russia — have been under pressure from top consumers, such as the United […]

Europe’s attempt to wean itself from fossil fuels has been “management by chaos,” and high energy prices could persist until 2025, according to Johannes Benigni, chairman of analysis firm JBC Energy. Natural gas futures soared to 13-year highs on the New York Mercantile Exchange, with Europe in particular feeling the pinch due to global supply […]