OPEC Agreement At Risk As UAE Prepares To Open The Taps | OilPrice.com Stuart Burns Stuart is a writer for MetalMiner who operate the largest metals-related media site in the US according to third party ranking sites. With a preemptive… More Info Premium Content By Stuart Burns – Jul 08, 2021, 12:00 PM CDT In...Continue Reading

Bahrain needs crude prices above $88 a barrel to balance its budget this year, according to the International Monetary Fund, the highest breakeven price in the six-member Gulf Cooperation Council and far above current levels around $75. SourceContinue Reading

Russian Finance Minister Anton Siluanov warned the Kremlin needs to brace for falling revenues after a stress test showed the global clean energy push could lead to a significant decline in demand for fossil fuel exports. SourceContinue Reading

Senior U.S. And Saudi Officials Meet Amid OPEC+ Impasse | 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 – Jul 08, 2021, 10:30 AM CDT Senior officials in the Biden Administration met...Continue Reading

Oil Prices Rise As EIA Data Beats Expectations | 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 – Jul 08, 2021, 10:07 AM CDT Crude oil prices rose higher today after the Energy Information...Continue Reading

Oil Continues To Slide As OPEC Stays Silent | 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 – Jul 08, 2021, 10:00 AM CDT Oil prices fell for a third day in...Continue Reading

US Embassy Targeted On Third Day Of Attacks in Iraq | 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 – Jul 08, 2021, 9:30 AM CDT The U.S. Embassy in Baghdad’s Green...Continue Reading

To achieve the goal announced last month, about half of the emission cuts would need to come from capturing carbon at oil sands sites and sequestering it deep underground, which may require as much as two-thirds government capital like in Norway, Mark Little, chief executive office of Suncor Energy Inc., said in an interview. SourceContinue Reading

Poor Hedging Could Cost U.S. Shale $20 Billion | 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 – Jul 08, 2021, 9:00 AM CDT U.S. shale oil producers have raked in billions in losses...Continue Reading

By David Messler – Jul 07, 2021, 7:00 PM CDT At mid-year 2021 we find that we are in an unsettled state with respect to crude supplies. Of the three largest contributors to global supply, the U.S.A., Russia, and OPEC+ (Russia is the “+” in OPEC+), all capable of producing more than 10 mm BOPD,...Continue Reading