UK Warning Highlights Energy Storage Importance To Renewables | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 06, 2020, 3:30 PM CST The United Kingdom, which has recently set a...Continue Reading

Coal Consumption In U.S. Electricity Sector Plunges 30% | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 06, 2020, 2:30 PM CST Competition from record-low natural gas prices and reduced power demand in the lockdown in the spring sent coal consumption in the U.S. power...Continue Reading

COVID Surge Keeps Oil Below $40 | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Nov 06, 2020, 2:00 PM CST While most of the world’s media is focused on the painfully slow progression of...Continue Reading

Alberta Strikes Methane Emissions Deal With Federal Government | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 06, 2020, 1:00 PM CST Alberta has reached an agreement with Canada’s federal...Continue Reading

U.S. Oil Rig Count Rises During Election Week | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Nov 06, 2020, 12:15 PM CST Baker Hughes reported on Friday that the number of...Continue Reading

By Editorial Dept – Nov 06, 2020, 12:00 PM CST COVID Market Update More oil and gas companies reported their quarterly financials this week, and it’s more of the same unfavorable news as the companies struggle to churn profits or at a minimum, beat analyst expectations as oil prices continue range-bound at sub-$40 levels. –...Continue Reading

By Editorial Dept – Nov 06, 2020, 12:00 PM CST As the Trump administration continues to slap more sanctions on Iranian oil and launches a flurry of enforcement actions, seizing Iranian weapons and oil bound for Venezuela, some are hedging that a potential Biden victory could lead to a relaxation of sanctions on Iran and...Continue Reading

By Editorial Dept – Nov 06, 2020, 12:00 PM CST This election is, depending on whether you are a political junkie or a normal, sane human being, either the gift that keeps on giving or remarkably similar to the virus that has accompanied it: an annoying, stress-inducing thing that just refuses to go away. Either...Continue Reading

By Editorial Dept – Nov 06, 2020, 12:00 PM CST 1. Oil demand weaker-than-expected – The recent spike in covid cases in Europe and the U.S. could undercut oil demand figures in the fourth quarter and into 2021. – According to Standard Chartered, demand could fall by 2.17 mb/d to 90.51 mb/d in November, largely...Continue Reading

By Editorial Dept – Nov 06, 2020, 12:00 PM CST U.S. West Texas Intermediate crude oil futures are trading lower on Friday, pressured by the steady rise in coronavirus infections and as the outcome of the U.S. presidential election remains unsettled. Nonetheless, the market is expected to finish the week higher after reversing weakness.  Near-term...Continue Reading