OILPRICE
- OILPRICE ( Middle East ) 2024/6/6
For years, market participants have been lamenting the lack of detailed communication from OPEC+ on the group's intended production beyond t...
- OILPRICE ( Middle East ) 2024/6/6
OPEC+ agreed on Sunday to extend most of its oil output cuts well into 2025 amid tepid demand growth, rising U.S. production and high intere...
- OILPRICE ( Middle East ) 2024/6/6
Last week, Saudi Arabia’s energy behemoth Aramco announced a secondary offering of shares that was estimated to bring in up to $13 billion....
- OILPRICE ( Middle East ) 2024/6/5
Russia’s oil proceeds increased almost 50% in May from a year ago, with the nation managing to circumvent sanctions and get a higher price f...
- OILPRICE ( Middle East ) 2024/6/5
Via Metal Miner The Rare Earths MMI (Monthly Metals Index) seemed to find some stabilization after six months of dropping followed by a brie...
- OILPRICE ( Middle East ) 2024/6/5
U.S. Energy Secretary Jennifer Granholm has revealed that President Joe Biden's administration has been talking to major technology companie...
- OILPRICE ( Middle East ) 2024/6/5
Centrica said today its plan to get the retail supply business back to a “sustainable” level of profit is two years ahead of schedule. The u...
- OILPRICE ( Middle East ) 2024/6/5
The Biden Administration may move to reverse the retirement of some additional nuclear power plants in a last-ditch effort to increase the s...
- OILPRICE ( Middle East ) 2024/6/5
Via Metal Miner Chinese scientists recently announced the development of a technique to significantly enhance the heat resistance of alumi...
- OILPRICE ( Middle East ) 2024/6/5
Virginia will exit the California electric vehicle mandate effective at the end of 2024, Virginia’s Republican Governor Glenn Youngkin said ...
- OILPRICE ( Middle East ) 2024/6/5
Troubling news for the electric vehicle market emerged from Europe on Tuesday. The first was the collapse of Porsche Taycan prices, and seco...
- OILPRICE ( Middle East ) 2024/6/5
Despite being a leader in solar and wind generation in Southeast Asia, Vietnam has seen its coal use and coal plant-related emissions hit al...
- OILPRICE ( Middle East ) 2024/6/5
Gresham House Energy Storage Fund has announced a landmark agreement with Octopus Energy, one of the UK’s largest and fastest-growing energy...
- OILPRICE ( Middle East ) 2024/6/5
Colombia’s economy could soon be hit by soaring energy costs as the South American country is considering LNG imports to meet rising natural...
- OILPRICE ( Middle East ) 2024/6/5
U.S. officials and lawmakers have recently met with Venezuelan opposition politicians and supervisors of state-owned refiner Citgo Petroleum...
- OILPRICE ( Middle East ) 2024/6/5
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an estimated inventory build of 1.2 million ba...
- OILPRICE ( Middle East ) 2024/6/5
By John Kemp, senior energy analyst Oil futures prices have fallen to the lowest level for four months and calendar spreads have slumped aft...
- OILPRICE ( Middle East ) 2024/6/5
Putin’s invasion of Ukraine has badly hurt the gas sales and market share of Russian giant Gazprom, which may not recover lost sales volumes...
- OILPRICE ( Middle East ) 2024/6/5
The United States could accelerate the pace of buying crude to refill the Strategic Petroleum Reserve (SPR), as all four sites would be avai...
- OILPRICE ( Middle East ) 2024/6/5
Saudi Aramco is in discussions with U.S. LNG developers to buy a stake in one planned project and sign a long-term LNG offtake deal from ano...
- OILPRICE ( Middle East ) 2024/6/5
A group of House Democrats have called on the Department of Justice to launch a probe into the oil industry, accusing the two largest U.S. e...
- OILPRICE ( Middle East ) 2024/6/5
European natural gas prices eased after soaring earlier in the week on the news of a production outage in Norway after reports emerged that...
- OILPRICE ( Middle East ) 2024/6/5
Last week, Saudi Arabia’s energy giant Saudi Aramco (ARMCO) confirmed in a filing with the Saudi Exchange plans to sell shares in the state-...
- OILPRICE ( Middle East ) 2024/6/5
On Sunday, the Organisation of Petroleum Exporting Countries and their partners in OPEC+ agreed to extend a set of production cuts first ann...
- OILPRICE ( Middle East ) 2024/6/5
Although the U.S. and China are indirectly involved in the ongoing Russia-Ukraine and Israel-Hamas wars, the conflict between the world’s tw...