Will Biden’s $1 Trillion Infrastructure Bet Pay Off? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Nov 23, 2021, 5:00 PM CST After months of deliberation,...Continue Reading

The Biden administration’s unprecedented, coordinated attempt to tame oil prices by authorizing one of the biggest ever draw-downs of U.S. crude reserves has elicited a collective shrug from the oil industry. SourceContinue Reading

After many weeks of signaling and speculation, a group of major oil consumers including the U.S. has announced a coordinated plan to tackle soaring energy costs by releasing crude from strategic reserves. The question now is whether it’s going to work. SourceContinue Reading

American consumers can expect a small break in gasoline prices from President Joe Biden’s decision to tap the nation’s oil reserves, though the move risks falling short for voters already bristling at his handling of the highest rate of inflation in decades. SourceContinue Reading

The pace of oil and gas drilling in Canada next year will exceed levels seen before the pandemic as producers ride the global energy rally, an industry group said. SourceContinue Reading

President Joe Biden’s effort to tame pump prices by tapping government oil stockpiles could backfire for one simple reason: American gasoline prices more closely track international, rather than U.S., oil benchmarks. SourceContinue Reading

Keystone XL Developer Seeks $15 Billion In Compensation | 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 – Nov 23, 2021, 4:30 PM CST TC Energy Group, the company that was developing the Keystone...Continue Reading

JPMorgan: $80 Oil Is ‘Remarkably Cheap’ | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 23, 2021, 4:00 PM CST Oil prices are cheap compared to record highs of other assets including stocks and other commodities, JPMorgan Chase says. Brent Crude was trading at around...Continue Reading

Crude Oil Inventory Build Follows Announcement Of SPR Release | 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 Related News By Julianne Geiger – Nov 23, 2021, 3:51 PM CST The American Petroleum Institute (API) reported an inventory...Continue Reading

Russia’s Lukoil Looks To Drill This 12 Billion Barrel Iraqi Oil Field | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Nov 23, 2021, 3:00 PM CST...Continue Reading