Oil ended the day little changed after a volatile session in which the latest U.S. inflation report and data showing high prices hitting U.S. fuel demand roiled prices. SourceContinue Reading

Italy Makes Headway In Reducing Its Reliance On Russian Natural Gas | 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 – Jul 13, 2022, 5:30 PM CDT As Europe tries to kick the...Continue Reading

Texas Heatwave Highlights A Major Problem With Wind Power | 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 13, 2022, 5:00 PM CDT A major heatwave has hit Texas and put the...Continue Reading

The spike in gasoline prices over the last year in the United States over the last year contributed to the U.S. CPI rising to 9.1% on an annual basis—the highest CPI in decades. But gasoline prices have started to retreat over the last month. WTI prices, on the other hand, were still up on Wednesday,...Continue Reading

Mubadala Petroleum announced that the drilling of the Timpan-1 exploration well offshore North Sumatra, Indonesia, has been completed with the discovery of a 390-foot gas column. SourceContinue Reading

Solar Stocks Soar As China Considers $220 Billion Stimulus Package | 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 – Jul 13, 2022, 4:00 PM CDT Solar stocks jumped as news emerged that China is considering a $220 billion economic...Continue Reading

The EU Has Frozen $13 Billion In Russian Assets | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jul 13, 2022, 3:00 PM CDT The EU has...Continue Reading

Biden: Inflation Data Does Not Reflect Impact Of Gasoline Price Decline | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 13, 2022, 2:30 PM CDT U.S. President Joe Biden said on Wednesday that the June inflation data showing the highest inflation in the United States...Continue Reading

Why Is Oil Priced The Way That It Is? | OilPrice.com Premium Content By Robert Rapier – Jul 13, 2022, 2:00 PM CDT General misunderstandings of how the oil market works are running rampant. Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand....Continue Reading

Iraq’s 150,000 Bpd Oil Export Boost Delayed | 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 13, 2022, 1:30 PM CDT Iraq is experiencing delays in upgrading its oil export...Continue Reading