The Freight Industry Dilemma: Legacy Leases And Saturated Market | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 30, 2023, 11:00 AM CDT Zim is contending with multiple challenges including weak freight rates, an influx of new ships that increase competition, and...Continue Reading
Eurozone Inflation Drops As Energy Prices Fall | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 30, 2023, 10:30 AM CDT Annual inflation in the euro area is expected to be 5.5% in June 2023, down from 6.1% in May, as energy prices tumbled by...Continue Reading
Energy Agencies Are Conflicted About Rising Oil Demand | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jun 30, 2023, 10:00 AM CDT The International Energy Agency expects...Continue Reading
Ukraine To Receive Military Support ‘For As Long As It Takes’ | 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 Related News By RFE/RL staff – Jun 30, 2023, 9:30 AM CDT A...Continue Reading
Oil Prices Remain Rangebound Despite Growing Optimism | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jun 30, 2023, 9:00 AM CDT A significant decline in U.S. oil inventories provided a firm floor for oil prices this week, but economic concerns...Continue Reading
By Editorial Dept – Jun 30, 2023, 9:00 AM CDT Despite having quelled a mutiny, Russia is still not far from the edge of a civil war. The conflict between Wagner’s head Prigozhin and Putin’s defense ministry is reconcilable only in the form of a major concession to Prigozhin that would give him power Putin...Continue Reading
An Outlook For Oil Prices In H2 2023 | OilPrice.com Premium Content By Editorial Dept – Jun 30, 2023, 9:00 AM CDT When this year began, it was starting to look like the glory days for energy investors were over. Throughout most of the previous two years the sector had rapidly made up for lost...Continue Reading
No End In Sight For Kurdistan’s Oil Export Problems | OilPrice.com Premium Content By Editorial Dept – Jun 30, 2023, 9:00 AM CDT Politics, Geopolitics & Conflict The legal dispute between Iraq and Turkey, which led in May to the halting of the Kurdistan Regional Government’s (KRG) only oil export pipeline, taking 450,000 bpd off...Continue Reading
Russia Sees Natural Gas Revenues Collapse | OilPrice.com Premium Content By Editorial Dept – Jun 30, 2023, 9:00 AM CDT 1. Defying Weakness in WTI and Brent, Dubai Soars to Prominence – The Brent/Dubai exchange of futures for swaps spread, a key indicator of arbitrage from Europe to Asia, narrowed to a 2-year low recently...Continue Reading
Oil Remains Rangebound Despite Optimism Over Supply Cuts | OilPrice.com Premium Content By Editorial Dept – Jun 30, 2023, 9:00 AM CDT WTI crude oil futures have witnessed a period of choppy and rangebound trading over the last 10 weeks, influenced by a variety of supply and demand factors. This week was no different. September...Continue Reading