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December 7, 2021
The Biden administration’s efforts to lower energy costs may have gotten unexpected help from the latest coronavirus variant. Source
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How OPEC+ Regained Control Of Oil Markets | 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 – Dec 07, 2021, 5:00 PM CST The combination of strategic petroleum releases from major oil...
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As deadlines on ambitious green-energy targets draw nearer, the infrastructure and expertise of the fossil fuel industry has a critical role to play in reaching the world’s decarbonization goals. Source
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The Biden administration plans to slash the amount of biofuel that must be mixed into gasoline and diesel, according to people familiar with the matter, dealing a blow to ethanol producers and the agriculture industry. Source
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Oil traders are scooping up options contracts that would pay out if U.S. crude futures plummet against international benchmark Brent, a signal that some believe the Biden administration could intervene in the market again to bring down oil prices. Source
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A day after Halliburton Co. warned of an imminent oil shortage, larger oilfield rival Baker Hughes Co. offered a sunnier outlook. Source
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Enbridge Inc. is evaluating two tolling options for its vast Mainline oil pipeline network after a proposal to offer long-term contracts to keep the conduits full was rejected by Canada’s energy regulator. Source
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3 Reasons Why Oil Prices Bounced Back This Week | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Dec 07, 2021, 4:00 PM CST Oil prices recovered this week as a result of 3 bullish factors Iran nuclear talks...
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Surprise Crude Draw Sends Oil Prices Higher | 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 – Dec 07, 2021, 3:56 PM CST This week, the American Petroleum Institute (API) estimated the inventory...
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Is Shale Gas A Gamechanger For Saudi Arabia? | 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 – Dec 07, 2021, 3:00 PM CST The first major contracts...
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