In the past, the weather-related oil disruption would largely have been a U.S. issue. Now it’s unmistakably global. Crude markets in Europe are rallying as traders replace lost U.S. exports. OPEC and its allies must decide how much longer they keep millions of barrels of their supply off the market. SourceContinue Reading

Lowering Mexico’s tax demands on Pemex, its biggest taxpayer, could help the oil giant reorder its finances as it struggles with a $110.3 billion debt load, sinking production, and some of the highest tax obligations of any oil company in the world. SourceContinue Reading

Texas Governor Greg Abbott told a media briefing on Feb. 17 that he was banning gas from leaving the state through Feb. 21 to ensure in-state power generators had ample supplies. Abbott said he was forced to act as millions of Texans remain without power for a third day amid frigid temperatures, with no clear...Continue Reading

This Commodity Super-Cycle Could Be Unlike Anything We’ve Seen Before | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Feb 17, 2021, 7:00 PM CST Commodity prices...Continue Reading

Biden’s $2 Trillion Green Plan Could Send This Stock Soaring | OilPrice.com Premium Content By Polly Danes – Feb 17, 2021, 6:00 PM CST Over 85 years ago, America undertook one of the most ambitious projects in our nation’s history, and it helped launch the creation of $30 trillion in ESG assets. At the time,...Continue Reading