Why Did Oil Drop on an OPEC+ Output Cut and Will the Selling Continue? | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST Over the last twenty years or so, I have spent a lot of time teaching and mentoring aspiring traders. During that time, I have heard a lot...Continue Reading
Europe’s Insatiable Hunger for LNG | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST 1. OPEC+ Confronts Quota Imperfections, Weak Sentiment – Saudi Arabia and Russia, the two heavyweights of OPEC+, have managed to coordinate a wider response to weakening market sentiment and agree on voluntary cuts of 2.2 million...Continue Reading
Digesting the OPEC+ Production Cuts | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST OPEC+ Agrees on Significant Output Cuts Amid Market Uncertainty In a decisive move, OPEC+ members, led by Saudi Arabia, have agreed to substantial voluntary output cuts totaling about 2.2 million barrels per day (bpd) for early...Continue Reading
Brazil Won’t Cap Its Oil Production Despite Joining OPEC+ Group | 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 01, 2023, 8:30 AM CST Brazil, which is set to join...Continue Reading
Oil Markets Confused and Underwhelmed by OPEC+ Cuts | 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 01, 2023, 8:30 AM CST Oil markets were left both confused and underwhelmed by the OPEC+ decision to cut 2.2 million bpd in...Continue Reading
Russia’s Urals Crude Price Drops but It’s Still Above the $60 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 Related News By Tsvetana Paraskova – Dec 01, 2023, 7:30 AM CST The average price of...Continue Reading
Saudi Arabia Could Cut the Price of Its Flagship Crude for Asia | 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 01, 2023, 6:30 AM CST Rising global crude stockpiles...Continue Reading
The U.S. Wants to Halve Russia’s Oil and Gas Revenues by 2030 | 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 01, 2023, 5:00 AM CST The United States will...Continue Reading
Oil Revenues Send Alberta’s Budget Surplus Soaring | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 01, 2023, 4:00 AM CST Revenues from the oil industry have pushed Alberta’s projected budget surplus for this year to twice as high as initially expected, at $4.1 billion,...Continue Reading
Germany Remains Committed to Climate Investments Despite Budget Crisis | 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 Related News By Irina Slav – Dec 01, 2023, 3:00 AM CST Germany will remain committed to financing the energy transition...Continue Reading
