China’s Attempt To Kill The Oil Rally Is Bound To Fail | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jan 14, 2022, 2:00 PM CST China’s recent announcement that it will release oil from...Continue Reading
Crude Prices Get Support From A Weaker Dollar | OilPrice.com Premium Content By Editorial Dept – Jan 14, 2022, 2:00 PM CST U.S. West Texas Intermediate crude oil futures are edging higher on Friday, putting it in a position to post its fourth straight weekly gain. The catalysts behind the buying strength are supply constraints...Continue Reading
Germany To Become Net Power Importer For The First Time Since 2002 | 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 – Jan 14, 2022, 1:30 PM CST Europe’s largest economy, Germany,...Continue Reading
Europe’s Gas Crisis Eases Slightly | OilPrice.com Premium Content By Editorial Dept – Jan 14, 2022, 1:00 PM CST 1. US Crude Supply to Hit Pre-Pandemic Levels by 2023 – The US Energy Information Administration (EIA) revised its outlook for US crude supply marginally downwards, now expecting output to rise by 640,000 b/d year-on-year to...Continue Reading
The Geopolitical Risks To Watch This Winter | OilPrice.com Premium Content By Editorial Dept – Jan 14, 2022, 12:30 PM CST A single attack on oil at this point could send prices to $90, but it will depend on where it is. The markets will weigh certain geopolitical sentiments more heavily than others. And there...Continue Reading
U.S. Rig Count Jumps As Crude Rally Continues | 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 – Jan 14, 2022, 12:13 PM CST The number of active drilling rigs in the United...Continue Reading
Natural Gas Prices Spike On Colder Weather | OilPrice.com Premium Content By Editorial Dept – Jan 14, 2022, 12:00 PM CST Markets OPEC+ production is still lagging, but a new S&P Platts survey shows OPEC+’s December production was up 310,000 bpd, which is more than Reuters’ figures. Of that, OPEC’s production was up 190,000 bpd...Continue Reading
The Wild Ride For Natural Gas Isn’t Over Yet | OilPrice.com Premium Content By Editorial Dept – Jan 14, 2022, 11:30 AM CST Last year was, to say the least, a bit of a wild ride in natural gas. Don’t get me wrong…I’m not complaining. I was always taught that volatility is a trader’s friend...Continue Reading
Oil Set For Longest Weekly Gains Streak Since October | 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 – Jan 14, 2022, 11:29 AM CST Oil prices were slightly higher early on...Continue Reading
China Set To Release Crude From Strategic Reserve In Early February | 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 – Jan 14, 2022, 11:00 AM CST China has agreed with the...Continue Reading