By Editorial Dept – Dec 15, 2023, 7:00 AM CST As Yemen’s Iran-backed Houthis continue to attack merchant ships in the Red Sea, and as U.S. naval forces continue to shoot down Houthi drones in answer to mounting distress calls, under consideration now is a multinational task force to protect the shipping lane. That proposal,...Continue Reading

A Hot Stock to Play the Offshore Drilling Boom | OilPrice.com Premium Content By Editorial Dept – Dec 15, 2023, 7:00 AM CST As you may know, I am someone who rarely uses a chart pattern or signal as the basis for a trade. I tend to do “top down” analysis, meaning that I start...Continue Reading

Ukraine Faces a Fresh Wave of Missile Attacks From Russia | OilPrice.com Premium Content By Editorial Dept – Dec 15, 2023, 7:00 AM CST Politics, Geopolitics & Conflict Across Ukraine, the government announced large-scale air alerts on Thursday, with explosions reported near Kyiv, though scant details were available. Kyiv warned that the entire country is...Continue Reading

Oil Prices Stage a Comeback After Hitting Six-Month Low | OilPrice.com Premium Content By Editorial Dept – Dec 15, 2023, 7:00 AM CST This week, the oil market witnessed a significant rebound, driven by a confluence of factors including a weaker dollar and revised demand forecasts from major energy organizations. After a period of decline...Continue Reading

India’s Oil Demand Growth Is Set to Slow | OilPrice.com Premium Content By Editorial Dept – Dec 15, 2023, 7:00 AM CST 1. The Contango in WTI Turns Steep Enough to Make it Lucrative – All the key Central Bank meetings held this week in the United States, Europe, and Great Britain have kept interest...Continue Reading

Global Coal Demand Is Set to Hit a Record High in 2023 | 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 15, 2023, 6:00 AM CST Global coal demand is...Continue Reading

India Resumes Imports of Venezuela’s Crude Oil | 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 15, 2023, 4:32 AM CST India is resuming imports of crude oil from Venezuela...Continue Reading

Venezuela and Guyana Pledge Not to Use Force in Territorial Dispute | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 15, 2023, 3:30 AM CST Venezuela and Guyana agreed to avoid the use of force as they tried to settle a century-old territorial dispute that...Continue Reading

Iraq Considers Budget Change to Restart Oil Flow From Kurdistan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 15, 2023, 2:36 AM CST Iraq’s government is studying options for amending its budget in order to be able to pay foreign companies operating oil fields...Continue Reading

Oil Prices Could Break a 7-Week Losing Streak as Demand Optimism Returns | 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 15, 2023, 1:09 AM CST Crude oil prices extended their gains...Continue Reading