OPEC+ Excess Oil Production Rises To 3 Million Bpd | 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 30, 2021, 12:00 PM CDT The cumulative excess production of the OPEC+...Continue Reading

Wind Power Industry Set To Install 1 TW New Capacity This Decade | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Mar 30, 2021, 12:00 PM CDT The world’s wind energy industry could be on track to install nearly 1 terawatt (TW) of new capacity between...Continue Reading

China Set To Buy 1 Million Bpd Of ‘Cheap’ Iranian Crude This Month | 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 30, 2021, 11:00 AM CDT China’s crude oil imports from...Continue Reading

U.S. Gasoline Prices Rose For 17 Straight Weeks As Oil Rallied | 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 30, 2021, 10:30 AM CDT Before this week’s small decline,...Continue Reading

Oil Drops As Suez Canal Shipping Resumes | 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 30, 2021, 10:00 AM CDT Oil prices fell early on Tuesday as the Suez...Continue Reading

It’s the latest in a series of incidents that are undermining the southern African country’s hopes of developing some of the continent’s biggest private investment projects. As much as $120 billion of investments by Total, Exxon Mobil Corp. and other companies may be approved by 2026, according to Standard Bank Group Ltd. SourceContinue Reading

The head of oil trader Gunvor Group Ltd. expects prices to remain stuck where they are as draws of excess stocks slow amid rising coronavirus cases in Europe. SourceContinue Reading

Saudi Arabia Ready To Extend Huge Oil Cuts Into June | 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 30, 2021, 9:00 AM CDT Saudi Arabia is reportedly ready to extend current...Continue Reading

Oil is poised to close out a fourth quarterly advance on Wednesday, but the past week has seen volatility climb amid the Suez Canal blockage. While fuel consumption is rising in many parts of the world, risks remain, with the head of the U.S. Centers for Disease Control and Prevention warning of “impending doom” as...Continue Reading

The coalition led by Saudi Arabia was widely criticized three weeks ago when it rebuffed calls to revive some of the crude production halted during the pandemic. As OPEC prepares for another decision on oil output, the producers believe their defiantly cautious approach is paying off. SourceContinue Reading