Despite optimism from Chinese data overnight, forecasts for lower OPEC+ output, and a weaker dollar, oil prices are tumbling this morning with WTI back below $64.50… Some have suggested the drop is due to investors also considering the potential impact of higher taxes and how that could affect corporate profit growth. President Joe Biden is planning the...Continue Reading

The Big OPEC+ Gamble Appears To Be Paying Off | 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 15, 2021, 11:00 AM CDT U.S. oil firms focused exclusively on the...Continue Reading

UAE Claims Ownership Of Oil Cargo U.S. Just Seized | 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 – Mar 15, 2021, 10:30 AM CDT An Emirati oil and gas company owned by the...Continue Reading

Mexico’s Pemex Boasts Billion-Barrel Oil Discovery | 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 15, 2021, 10:00 AM CDT Mexico’s Pemex has discovered a gigantic oilfield in the state...Continue Reading

NTSB: Tesla Uses Customers As Guinea Pigs For Autopilot Tech | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 15, 2021, 9:30 AM CDT The National Transport Safety Board has slammed Tesla for using customers to beta test its automated driving technology before its official...Continue Reading

Another Investment Bank Is Betting On $100 Oil | 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 15, 2021, 9:00 AM CDT Crude oil could hit $100 and top it, and this...Continue Reading

The Madero and Ignacio energy storage plants will deliver valuable grid support to the Electric Reliability Council of Texas (ERCOT), the body responsible for managing the electric supply to more than 25 million customers. SourceContinue Reading

Seen from Moscow, the melting of the polar ice cap is as much economic opportunity as natural disaster, opening the Northern Sea Route from Asia to Europe for shipping and creating access to potentially vast new reserves of minerals, oil and gas. SourceContinue Reading

Figures from China for the first two months of the year showed a surge in industrial output, underscoring the strength of its V-shaped rebound and reinforcing expectations for increased energy demand. SourceContinue Reading

Pemex is under pressure to prove that the company is increasing production under the government of President Andres Manuel Lopez Obrador, who swept into power in late 2018, promising to revive it by rolling back the liberalizing energy reforms of his predecessor. SourceContinue Reading