OILPRICE
- OILPRICE ( Middle East ) 2025/6/2
A week ago, the U.S. House of Representatives passed Trump’s “Big, Beautiful Bill” designed to deploy large tax cuts, extra spending on defe...
- OILPRICE ( Middle East ) 2025/6/1
When U.S. President Donald Trump came into office in January, he promised to back greater oil and gas production, doubling down on his “dril...
- OILPRICE ( Middle East ) 2025/6/1
Europe is embracing nuclear energy with a new vigor. Even the most historically staunch nuclear opponents are softening their restrictions o...
- OILPRICE ( Middle East ) 2025/6/1
So far, Russia has resisted Western calls for a cease-fire in its war on Ukraine. And so far, US President Donald Trump has resisted calls...
- OILPRICE ( Middle East ) 2025/6/1
Carbon capture and storage (CCS) has long been recognized as a critical technology for achieving net-zero emissions, particularly in hard-to...
- OILPRICE ( Middle East ) 2025/6/1
Power grids around the world are decentralizing at a rapid pace as renewable energy production vastly reshapes where electricity is produced...
- OILPRICE ( Middle East ) 2025/5/31
The US representative to the United Nations told the UN Security Council on May 29 that the deal now on offer to end the war in Ukraine is t...
- OILPRICE ( Middle East ) 2025/5/31
For years, the US has been a stalwart ally to Canada, peacefully sharing the longest international land border in the world. The US and Cana...
- OILPRICE ( Middle East ) 2025/5/31
In April this year, China’s BYD hit a first--it sold more cars in Europe than Tesla. Of course, one reason for this was EV fans’ reaction to...
- OILPRICE ( Middle East ) 2025/5/31
I predict that the world economy will shrink in the next 10 years. I think that this is bound to happen because of energy and debt limits th...
- OILPRICE ( Middle East ) 2025/5/31
Last Friday, the President signed four separate executive orders designed to accelerate nuclear energy development in the US. The first orde...
- OILPRICE ( Middle East ) 2025/5/31
President Kassym-Jomart Tokayev is trying to position Kazakhstan as a leading advocate for changing “the architecture of international relat...
- OILPRICE ( Middle East ) 2025/5/30
U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly...
- OILPRICE ( Middle East ) 2025/5/30
EOG Resources is making a bold northeast push, announcing Friday it will acquire privately held Encino Acquisition Partners for $5.6 billion...
- OILPRICE ( Middle East ) 2025/5/30
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hug...
- OILPRICE ( Middle East ) 2025/5/30
U.S. gasoline consumption over Memorial Day weekend, the start of the U.S. driving season, rose by 2% from the same weekend last year as con...
- OILPRICE ( Middle East ) 2025/5/30
The European Union says China, including Hong Kong, is responsible for "approximately" 80 percent of the circumventions of sanctions against...
- OILPRICE ( Middle East ) 2025/5/30
A turbulent week for global energy markets saw oil prices slide amid OPEC+ uncertainty and escalating U.S.-China tensions. The double whammy...
- OILPRICE ( Middle East ) 2025/5/30
Defying Lower Oil Prices, Saudi Aramco Goes on Borrowing Spree - Saudi Arabia’s national oil company, Saudi Aramco, is seeking to borrow mor...
- OILPRICE ( Middle East ) 2025/5/30
Just under a year ago, I wrote a piece here suggesting that readers look at buying stock in NuScale (SMR), a young company that designs and...
- OILPRICE ( Middle East ) 2025/5/30
A supertanker carrying 2.1 million barrels of Russia’s Far Eastern ESPO crude grade has been anchored near China for days in what traders sa...
- OILPRICE ( Middle East ) 2025/5/30
This weekend, OPEC+ may debate boosting oil production in July by more than the 411,000-bpd monthly hikes it has announced for May and June,...
- OILPRICE ( Middle East ) 2025/5/30
The European Commission considers allowing European Union countries more flexibility in reaching a 90% emissions cut target by 2040, diploma...
- OILPRICE ( Middle East ) 2025/5/30
China has waived a short-lived 125% tariff on U.S. ethane imports, but American shipments to China could be hindered by a U.S. requirement o...
- OILPRICE ( Middle East ) 2025/5/30
India is exporting more diesel on the east of Suez route into Southeast Asia in May, with shipments to the region on track for a four-year h...