Europe’s Fuel Export Market Shrinks After Nigeria Scraps Subsidies | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 28, 2023, 9:30 AM CDT European refiners will lose a portion of a key export market for gasoline after Nigerian consumption slumped following the removal of the...Continue Reading

Bullish Momentum Builds As Oil Markets Tighten | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT September West Texas Intermediate (WTI) crude oil settled higher on Thursday, boosted by strength in Brent crude, which surpassed $84 a barrel for the first time since April. The surge was fueled by supply...Continue Reading

Hopes Of A ‘Soft Landing’ Fuel Bullish Sentiment | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jul 28, 2023, 9:00 AM CDT Oil prices are on course for yet another weekly gain, fueled in part by supply concerns and in...Continue Reading

By Editorial Dept – Jul 28, 2023, 9:00 AM CDT It’s 2023, and the oil markets have clawed their way through the covid muck and are holding their own through the energy transition–aided, of course, by the war in Ukraine and Europe’s energy crisis which breathed new life into the need for energy security. But...Continue Reading

Is It Time To Buy Big Oil? | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT We are now into the meat of earnings season when it comes to big oil, with the major oil companies in all reporting over the next few days. The first of them, Shell (SHEL),...Continue Reading

A Tough Earnings Season For Big Oil | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT Politics, Geopolitics & Conflict The beginning of this week saw a drone attack in the center of Moscow, near the Russian Defense Ministry building, just a day after Ukraine said it would retaliate for...Continue Reading

Rising Gasoline Prices Boost Inflation Concerns | OilPrice.com Premium Content By Editorial Dept – Jul 28, 2023, 9:00 AM CDT 1. Gasoline Becomes an Inflation Scare Again – Gasoline prices have been experiencing an unexpected surge lately, with New York futures soaring to a nine-month high of $2.9 per gallon, whilst prices in Asia gained...Continue Reading

Exxon Misses Earnings Estimate With 56% Profit Decline | 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 28, 2023, 8:00 AM CDT ExxonMobil (NYSE: XOM) missed analyst forecasts as it...Continue Reading

Chevron’s Earnings Drop On Lower Energy Prices, Weaker Refining Margins | 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 28, 2023, 7:03 AM CDT Chevron (NYSE: CVX) reported on Friday...Continue Reading

Mexico Backs State Oil Giant Pemex With $4 Billion Capital Injection | 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 28, 2023, 5:30 AM CDT Mexico’s state-owned oil giant Pemex,...Continue Reading