Rockefeller Foundation, Created By Oil, Ditches Oil Investments | 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 18, 2020, 5:00 PM CST The Rockefeller Foundation, set up by John D....Continue Reading

China’s Top Refiner Sees Oil Product Demand Peak By 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2020, 4:30 PM CST China’s largest refiner, Sinopec, expects domestic demand for oil products to peak by 2025 due to COVID impacts and the rise...Continue Reading

Trans Mountain Oil Pipeline Halts Work After Serious Injury | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2020, 3:30 PM CST Trans Mountain is halting construction work on the expansion of the oil pipeline in a voluntary safety stand-down of more than two...Continue Reading

Energy Stocks Soar And Oil Prices Climb | 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 – Dec 18, 2020, 1:00 PM CST Optimism about COVID-19 vaccines is driving oil prices higher and energy stocks are...Continue Reading

Oil, Gas Rigs Increase For Fourth Week In A Row | 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 – Dec 18, 2020, 12:15 PM CST Baker Hughes reported on Friday that the...Continue Reading

Coal Consumption Set to Jump In 2021 | 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 18, 2020, 11:30 AM CST Coal consumption is set for a rebound of 2.6 percent next...Continue Reading

By Editorial Dept – Dec 18, 2020, 11:00 AM CST A rapprochement between Israel and the UAE came earlier this year in a blockbuster deal that made Trump look pretty good, even if it was heralded by Israel’s new-found hydrocarbon power, which is subtly reordering alliances across the Middle East. If you need more proof...Continue Reading

By Editorial Dept – Dec 18, 2020, 11:00 AM CST COVID Market Update Despite the vaccine optimism prevalent in the market that has successfully boosted oil prices to February levels, the oil market is still in trouble. OPEC has once again lowered its demand forecast for this year and next while simultaneously agreeing to boost...Continue Reading

By Editorial Dept – Dec 18, 2020, 11:00 AM CST 1. China’s oil import surge ended – China’s imports of crude oil are set to jump 10% this year, but the import surge occurred during the downturn earlier this year when crude prices collapsed. In fact, China’s exports of refined products are on the rise....Continue Reading

By Editorial Dept – Dec 18, 2020, 11:00 AM CST U.S. West Texas Intermediate crude oil futures are edging higher on Friday as investors showed no signs of lightening up on the long side ahead of the weekend and next week’s holiday-shortened week. The market is currently trading at its highest level since March 3...Continue Reading