By Editorial Dept – Jan 20, 2023, 9:00 AM CST While Russia’s clearly protracted war in Ukraine will continue to cause global energy volatility and uncertainty, the market has taken its eye off a number of developments that portend renewed tensions in the Middle East. As we have mentioned previously, Iran’s 2019 attack on Saudi...Continue Reading

Is It Time To Get Back Into Natural Gas? | OilPrice.com Premium Content By Editorial Dept – Jan 20, 2023, 9:00 AM CST Towards the end of one year and at the beginning of the next, I, like most people I imagine, typically take time to look back on the trading year and see what...Continue Reading

Erdogan Cracks Down On Critics Ahead Of Elections | OilPrice.com Premium Content By Editorial Dept – Jan 20, 2023, 9:00 AM CST Politics, Geopolitics & Conflict Ahead of presidential and parliamentary elections that will now be held in May this year in Turkey, Erdogan has seen to it that the government’s powers of censorship are...Continue Reading

Oil Major Debt Is Shrinking Rapidly | OilPrice.com Premium Content By Editorial Dept – Jan 20, 2023, 9:00 AM CST 1. Bomb Cyclone Disrupts US Refining – US refinery runs averaged 14.9 million b/d according to the most recent EIA data release, indicating that the downstream sector is taking much longer to recover from the...Continue Reading

Oil Gains Momentum As Chinese Demand Climbs | OilPrice.com Premium Content By Editorial Dept – Jan 20, 2023, 9:00 AM CST March West Texas Intermediate crude oil posted its highest close since Dec. 1 on Thursday on hopes of increased Chinese demand. Surprisingly, traders shrugged off a second straight week of large builds in U.S....Continue Reading

China To Accelerate The Construction Of Coal-Fired Power Plants | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jan 20, 2023, 8:30 AM CST China expects to add 70 gigawatts (GW) of coal-fired power generation this year, up from 40 GW...Continue Reading

China’s Biggest Oil Trading Firm Goes On A Buying Spree | 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 20, 2023, 7:30 AM CST Unipec, the largest oil trader in...Continue Reading

China’s Imports Of Crude Oil From Malaysia Hit Record High | 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 20, 2023, 6:30 AM CST Chinese imports of crude oil from...Continue Reading

Russia’s Gazprom Reduces Gas Flows To Europe Via Ukraine | 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 20, 2023, 5:30 AM CST Gazprom is reducing pipeline gas transit flows...Continue Reading

Oil Prices Set For Another Weekly Gain As Chinese Demand Rebounds | 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 – Jan 20, 2023, 4:57 AM CST Oil prices are on course for another...Continue Reading