Bullish Catalysts Fail To Spark An Oil Price Rally | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 09, 2022, 9:00 AM CST Oil prices have been reluctant to climb higher this week despite multiple bullish catalysts. It seems that...Continue Reading

By Editorial Dept – Dec 09, 2022, 8:00 AM CST The transformation of Russian war propaganda indicates that this is no longer about winning in Ukraine, which is–it would seem–no longer a viable goal. The Russians aren’t seeing any real victories on the ground, even as they barrage Ukraine’s energy infrastructure. The newly emerging war...Continue Reading

By Editorial Dept – Dec 09, 2022, 8:00 AM CST As I have said here many times before, institutional traders are like sports talk radio host in that they consistently overreact to every bit of news. Having been there, I know why. When you are 100% focused on something all day every day, any headline...Continue Reading

Libya Attempts To Lure Oil And Gas Companies Back | OilPrice.com Premium Content By Editorial Dept – Dec 09, 2022, 8:00 AM CST Politics, Geopolitics & Conflict Libya has officially lifted force majeure on oil and gas exploration, hoping to lure international oil companies back to E&P activities. While this decision was based on claims...Continue Reading

The Cost Of Drilling Continues To Rise | OilPrice.com Premium Content By Editorial Dept – Dec 09, 2022, 8:00 AM CST 1. Price of Drilling Continues to Edge Higher Despite Cheaper Raw Materials – According to IHS Markit, the average cost of developing upstream oil and gas assets rose by another 1.8% in Q3 2022...Continue Reading

Sentiment In Oil Markets Is Decidedly Bearish | OilPrice.com Premium Content By Editorial Dept – Dec 09, 2022, 8:00 AM CST U.S. benchmark February WTI crude oil futures closed lower for a fifth straight session on Thursday, solidifying a lower close for the week. The market was higher earlier in the day on word of...Continue Reading

Russia Is Selling Crude Oil To Asia Above The $60 Price Cap | 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 09, 2022, 7:15 AM CST Russia is reportedly selling...Continue Reading

India’s Fuel Consumption Jumped By 10% In November | 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 – Dec 09, 2022, 7:06 AM CST Fuel demand in the world’s third-largest crude oil...Continue Reading

Germans Urged To Turn Down Heating To Save Gas | 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 – Dec 09, 2022, 6:05 AM CST German households and businesses need to turn...Continue Reading

China And Saudi Arabia Agree To Boost Oil Trade As Xi Visits Riyadh | 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 – Dec 09, 2022, 3:30 AM CST China and Saudi...Continue Reading