Oil Market Even Tighter As 500,000 Bpd Come Offline In Canada | 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 – Mar 05, 2021, 9:00 AM CST Maintenance at three oil sands upgraders in...Continue Reading
The supply cuts out of Northern Alberta, following a surprise OPEC+ decision to not increase output next month, could add more support to the recent rally in crude prices. OPEC+ had been debating whether to restore as much as 1.5 million barrels a day of output in April but decided to wait. SourceContinue Reading
U.S. Energy Storage Installations Up 183% In Q4 2020 | 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 – Mar 05, 2021, 8:30 AM CST U.S. energy storage boomed in the last...Continue Reading
The surprise move by OPEC+ to maintain oil supply restrictions through April, coupled with Saudi Arabia’s decision to extend voluntary curbs, has stunned the global energy market. Prices surged again on Friday, with West Texas Intermediate topping $65 a barrel, and Brent climbing above $68. SourceContinue Reading
China’s Oil Demand May Be Overestimated | 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 – Mar 04, 2021, 7:00 PM CST Robust oil demand in Asia has supported the bullish sentiment...Continue Reading
Are America’s Largest Oil Companies Really Going Green? | 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 – Mar 04, 2021, 6:00 PM CST The oil markets are once again in an upbeat mood, with crude prices shooting up 5%...Continue Reading