Bearish News Piles Up For Crude Oil | OilPrice.com Premium Content By Editorial Dept – Nov 05, 2021, 6:00 PM CDT U.S. West Texas Intermediate are edging higher on Friday after OPEC and its allies moved forward with its plans for a gradual increase in production. Ahead of the decision, the group known as OPEC+,...Continue Reading

Big Oil Is Paying Shareholders Back | OilPrice.com Premium Content By Editorial Dept – Nov 05, 2021, 6:00 PM CDT 1. OPEC+ Sticks to Charted Course, Confident of Market Balance Coming Soon – The OPEC+ oil group agreed to maintain its crude output increase for December 2021 at the pre-agreed 400,000 b/d despite calls from...Continue Reading

Civilians Riot In Sudan Following Military Coup | OilPrice.com Premium Content By Editorial Dept – Nov 05, 2021, 5:00 PM CDT Geopolitics In a long-running spat with Morocco over the Western Sahara, Algeria has moved to halt all natural gas exports to Spain through Morocco. That move comes only a few months after Algeria cut...Continue Reading

Why Oil Prices Fell After The OPEC+ Meeting | OilPrice.com Premium Content By Editorial Dept – Nov 05, 2021, 4:00 PM CDT After around forty years of making a living from financial markets in one way or another, I am not often left scratching my head these days. I may not agree with every move,...Continue Reading

By Editorial Dept – Nov 05, 2021, 3:00 PM CDT Wherever Huawei goes in the developing world these days is a pretty good barometer for where the Chinese Communist Party is setting up stakes for primetime information-gathering.  Most of these announcements signaling Huawei’s growing presence seem entirely banal, such as a cooperation agreement this week...Continue Reading

Airlines Are Hedging Against Higher Oil Prices | 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 – Nov 05, 2021, 2:30 PM CDT Airlines are back to hedging the price of fuel...Continue Reading

U.S. Shale Is Finally Ready To Open The Taps | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 05, 2021, 2:00 PM CDT Oil prices are on course to post a weekly loss despite OPEC+ refusing to increase production. A...Continue Reading

The U.S. Considers Strategic Petroleum Reserve Release After OPEC+ Snub | 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 – Nov 05, 2021, 1:00 PM CDT Energy Secretary Granholm: ”The SPR is...Continue Reading

U.S. Crude Production Continues To Trail Rising Oil Rig Count | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Nov 05, 2021, 12:17 PM CDT The U.S. oil rig count rose this...Continue Reading

Russia Says $80 Oil Adequately Reflects Market Situation | 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 – Nov 05, 2021, 10:30 AM CDT Current oil prices at around $80 per barrel...Continue Reading