OILPRICE
- OILPRICE ( Middle East ) 2024/5/15
China could beat its 2021 all-time high of LNG imports this year, as industrial and commercial sectors are set to drive demand for the super...
- OILPRICE ( Middle East ) 2024/5/15
Crude oil prices recovered somewhat after the Energy Information Administration reported an inventory decline of 2.5 million barrels for the...
- OILPRICE ( Middle East ) 2024/5/15
Coal demand for power generation in China is set to be lower than previously thought due to high rainfall boosting hydropower production, ac...
- OILPRICE ( Middle East ) 2024/5/15
Global oil demand growth is expected at just 1.1 million barrels per day (bpd) this year, due to weak first-quarter consumption in developed...
- OILPRICE ( Middle East ) 2024/5/15
Russian exports of crude oil and refined oil products fell in April to their lowest level in five months, according to estimates from the In...
- OILPRICE ( Middle East ) 2024/5/15
Authorities in Fort McMurray, which is not far from much of Alberta’s oil sands production sites, issued an “extreme” wildfire danger for th...
- OILPRICE ( Middle East ) 2024/5/15
Venezuela has moved “substantial quantities of [military] personnel and equipment to the border with Guyana amid its territorial dispute ove...
- OILPRICE ( Middle East ) 2024/5/15
Brazil’s government has removed the chief executive of Petrobras Jean Paul Prates and replaced him with the former head of the state oil and...
- OILPRICE ( Middle East ) 2024/5/15
Bitcoin underwent its fourth “halving” earlier this month, and while this typically results in a bullish spike in prices, this year will see...
- OILPRICE ( Middle East ) 2024/5/15
U.S. shale producers have been preaching and practicing capital discipline since the price crash of 2020 and haven’t deviated from their ple...
- OILPRICE ( Middle East ) 2024/5/15
Oil prices have pulled back sharply to a three-month low as a combination of demand concerns and easing geopolitical premium take a toll. La...
- OILPRICE ( Middle East ) 2024/5/15
The Middle East is expanding its renewable energy and clean tech sectors at an accelerated pace, as several countries plan for economic dive...
- OILPRICE ( Middle East ) 2024/5/14
Crude oil inventories in the United States fell this week by 3.104 million barrels for the week ending May 3, according to The American Petr...
- OILPRICE ( Middle East ) 2024/5/14
Recently the Senate Budget Committee held a hearing to discuss a recent report that accused “Big Oil” of a “decades-long deception campaign”...
- OILPRICE ( Middle East ) 2024/5/14
Russian President Vladimir Putin is set to visit China on May 16-17 for discussions with President Xi Jinping, in part to discuss expanding...
- OILPRICE ( Middle East ) 2024/5/14
Via Metal Miner The Construction MMI (Monthly Metals Index) remained firmly in a sideways trend, only budging upward by 1.28%. The rising pr...
- OILPRICE ( Middle East ) 2024/5/14
Kazakhstan reawakened a divisive issue among the OPEC+ group with regard to oil production quotas. Kazakhstan said on Tuesday that it felt i...
- OILPRICE ( Middle East ) 2024/5/14
AI washing might be a phenomenon you’ve never heard of, but it is rapidly on the rise. Overplaying claims about artificial intelligence in t...
- OILPRICE ( Middle East ) 2024/5/14
Armenia and Azerbaijan negotiators continue to disagree on key provisions of a bilateral peace treaty, officials in Yerevan and Baku said on...
- OILPRICE ( Middle East ) 2024/5/14
The week began positively with robust U.S. gasoline demand and improved Chinese consumption, but optimism waned as Tuesday's higher-than-exp...
- OILPRICE ( Middle East ) 2024/5/14
Gasoline prices in the United States are expected to see a slight drop of up to 10 cents per gallon by Memorial Day weekend, Patrick De Haan...
- OILPRICE ( Middle East ) 2024/5/14
U.S. oil and gas supermajor Chevron ousted Tesla to top the list of the most shorted large-cap stock in the Americas in April, the Shortside...
- OILPRICE ( Middle East ) 2024/5/14
Hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles made up 18% of all new light-duty vehicle sales in the firs...
- OILPRICE ( Middle East ) 2024/5/14
Australia plans to invest as much as US$15 billion (AUS$22.7 billion) over the next decade to become a renewable energy superpower and boost...
- OILPRICE ( Middle East ) 2024/5/14
A resilient global economy early this year has additional upside potential in the second half with the possible easing of monetary policies,...