China’s Big Plastic Ban Is A Massive Failure | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Dec 02, 2020, 12:00 PM CST Back in 2008, Beijing introduced a nationwide ban on ultra-thin plastic bags in a bid to...Continue Reading

Brazil’s Oil Major Believes Net Zero Emissions Is A ‘Fad’ | 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 Premium Content By Tsvetana Paraskova – Dec 02, 2020, 11:00 AM CST Petrobras continues to bet on oil...Continue Reading

Libya Moves Closer To Resolving Quarrel Over Oil Revenues | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 02, 2020, 10:30 AM CST Libya’s UN-recognized government said on Wednesday that an urgent meeting of all stakeholders involved had agreed to work toward unfreezing Libya’s oil...Continue Reading

Oil Prices Hold Steady Despite Rising Fuel Stocks | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 02, 2020, 9:42 AM CST Crude oil prices hesitated today after the Energy Information Administration...Continue Reading

Mexico Leaves OPEC Behind, Pockets Billions From Oil Hedge | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 02, 2020, 9:30 AM CST Mexico has made $2.5 billion from its 2020 oil...Continue Reading

Petrobras CEO Roberto Castello Branco’s stance more or less echoes those of U.S. oil giants Exxon Mobil and Chevron, which have emission reduction plans but have been outspoken about their focus on crude. SourceContinue Reading

Traders Haven’t Been This Bullish On Oil Since August | 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 Premium Content By Tsvetana Paraskova – Dec 02, 2020, 9:00 AM CST Since pharmaceutical companies started announcing vaccine breakthroughs...Continue Reading

Differences between the Saudis and the UAE prevented the cartel from reaching a clear agreement on whether to delay a planned production increase. Traditionally stalwart allies, a fissure has emerged between the two Persian Gulf exporters as Abu Dhabi pursues a more independent oil policy. SourceContinue Reading

Expanding stockpiles, strong demand in Asia and a suddenly resurgent North Sea market highlight the problems faced by OPEC and its allies as they consider whether a bifurcated market can handle more supply. SourceContinue Reading

The Real Reason Why Tesla Is Heading Towards A Trillion-Dollar Valuation | OilPrice.com Premium Content By Glen Carrick – Dec 01, 2020, 7:00 PM CST Morgan Stanley recently raised their rating on Tesla (NASDAQ:TSLA)  for the first time in 3 years. Two weeks later and the stock has already smashed through their $540 price point,...Continue Reading