OILPRICE
- OILPRICE ( Middle East ) 2024/6/7
Investment in renewable energy projects in Australia rebounded in the first quarter of 2024 from the 2023 lows, but the country needs to fur...
- OILPRICE ( Middle East ) 2024/6/7
The selloff triggered by te OPEC+ announcement it may roll back some production cuts was unjustified and the outlook for prices is more bull...
- OILPRICE ( Middle East ) 2024/6/7
The chief executives of Canadian oil sands producers have spoken against plans by the federal government to impose a cap on carbon dioxide e...
- OILPRICE ( Middle East ) 2024/6/7
Crude oil prices were on course to end the week with the third consecutive loss after OPEC+’s latest meeting surprised observers with the po...
- OILPRICE ( Middle East ) 2024/6/7
Saudi Arabia is taking its economic diversification seriously. With oil prices increasingly unpredictable and disconnected from its energy p...
- OILPRICE ( Middle East ) 2024/6/7
A solar energy boom is reshaping the United States’ energy transition. Solar still only accounts for 6% of the United States energy mix, but...
- OILPRICE ( Middle East ) 2024/6/7
As Nigeria’s oil reserves begin to dwindle after decades of drilling for crude, the West African country is shifting its attention to anothe...
- OILPRICE ( Middle East ) 2024/6/6
Via Metal Miner An unexpected surge in demand could complicate global import logistics, raising prices for U.S. importers. So far, global GD...
- OILPRICE ( Middle East ) 2024/6/6
Nigeria is projected to allocate 5.4 trillion naira ($3.7 billion) in 2024—50% more than the previous year—to maintain stable petrol prices....
- OILPRICE ( Middle East ) 2024/6/6
Georgia announced that a Chinese consortium submitted the sole bid to build a sprawling deep-sea port in Anaklia, marking the first megaproj...
- OILPRICE ( Middle East ) 2024/6/6
Singapore-based oil and commodities trading powerhouse Trafigura Group has posted the smallest profit since the 2020 oil crisis as volatilit...
- OILPRICE ( Middle East ) 2024/6/6
A day after scooping up shares in an Azeri gas field, Hungary has said it will not give up Russian natural gas and plans to shore up busines...
- OILPRICE ( Middle East ) 2024/6/6
Armenian-Russian relations are experiencing another spike in tension. The Armenian government briefly pulled the plug on a major Russian pro...
- OILPRICE ( Middle East ) 2024/6/6
The United States is looking to reduce financing options for the Houthi rebels in Yemen to get them to stop attacking commercial ships, incl...
- OILPRICE ( Middle East ) 2024/6/6
Russia continued to cut its oil production in May per the OPEC+ agreements, Russian Deputy Prime Minister Alexander Novak said on Thursday,...
- OILPRICE ( Middle East ) 2024/6/6
Suspected Ukrainian drone strikes early on June 6 set Russian oil installations on fire in two regions bordering Ukraine as Russia continued...
- OILPRICE ( Middle East ) 2024/6/6
The energy ministers of the most influential OPEC+ producers presented a united front on Thursday, seeking to allay market concerns about ov...
- OILPRICE ( Middle East ) 2024/6/6
The $12-billion secondary share offering of Saudi oil giant Aramco has drawn strong demand from foreign investors, sources with knowledge of...
- OILPRICE ( Middle East ) 2024/6/6
By Farah Elbahrawy, Bloomberg markets live reporter and strategist Outperforming mining and energy stocks are set for further gains as a con...
- OILPRICE ( Middle East ) 2024/6/6
A subsidiary of China’s energy giant Sinopec has signed a $1.3-billion deal with Saudi Aramco to procure and build pipelines for an expansio...
- OILPRICE ( Middle East ) 2024/6/6
The energy ministers of heavyweight OPEC+ producers dismissed the bearish market reaction to the group’s latest oil production plan, saying...
- OILPRICE ( Middle East ) 2024/6/6
Saudi Arabia has cut its official selling price for flagship Arab Light for delivery to Asia, Reuters reports, citing a company document. Th...
- OILPRICE ( Middle East ) 2024/6/6
The international crude benchmark Brent is expected to average $85 per barrel this year and $82 a barrel next year, BMI, a Fitch Solutions c...
- OILPRICE ( Middle East ) 2024/6/6
New solar generation capacity installations in the United States rose to a record high in the first quarter of the year, Wood Mackenzie and...
- OILPRICE ( Middle East ) 2024/6/6
The secretary-general of the United Nations Antonio Guterres has renewed his calls for a special tax on oil companies to help fund the energ...