Geopolitical Risks Push Oil Prices Higher | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jan 12, 2024, 9:05 AM CST Oil prices are being pushed higher by renewed geopolitical risk after the UK and the U.S. launched an attack on...Continue Reading

By Editorial Dept – Jan 12, 2024, 8:30 AM CST As tensions rock the Middle East, the Horn of Africa is following suit, with the New Year presenting a critical resurgence of Al Shabab, an Al-Qaida affiliate, helped along by geopolitics that strike at the very heart of Somalia’s territorial sovereignty.  On the surface of...Continue Reading

Tesla to Pause Production at Berlin Factory Due to Supply Chain Problems | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 12, 2024, 8:30 AM CST Tesla expects to stop production at its Giga Berlin factory, its largest in Europe, for two weeks at the...Continue Reading

Why the Short Term Outlook for Oil Remains Bearish | OilPrice.com Premium Content By Editorial Dept – Jan 12, 2024, 8:24 AM CST The crude oil market is currently grappling with heightened volatility, primarily driven by escalating tensions in the Middle East. A notable uptick in oil prices, nearly 1%, was triggered by Iran’s seizure...Continue Reading

Asian LNG Prices Fall As Global Energy Crisis Eases | OilPrice.com Premium Content By Editorial Dept – Jan 12, 2024, 8:23 AM CST 1. Biden Revamp of Permitting Rules Scares US LNG Players – The White House is developing a new set of policy recommendations for new LNG facilities that could significantly slow down the...Continue Reading

Geopolitical Risk Is Rising Once Again | OilPrice.com Premium Content By Editorial Dept – Jan 12, 2024, 8:21 AM CST – Iran seized a U.S. oil tanker that had loaded in Iraq and was on its way to Turkey on Thursday. The act was one of retaliation for the U.S. seizure of a ship last...Continue Reading

Why This Oilfield Services Company Is Well Positioned for 2024 | OilPrice.com Premium Content By Editorial Dept – Jan 12, 2024, 8:20 AM CST If you read my year end review and outlook for oil that was published a few weeks ago, before I went on my somewhat extended holiday break, you will know that...Continue Reading

Tankers Advised to Stay Away From Yemen As Tensions Rise | 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 12, 2024, 7:30 AM CST Amid escalating tensions in the Middle...Continue Reading

EU to Bet Big on Carbon Removals to Meet Net-Zero Goal | 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 12, 2024, 6:30 AM CST The European Union must raise...Continue Reading

China’s Oil Imports Hit an Annual Record 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 – Jan 12, 2024, 5:30 AM CST China imported a record-high volume of crude...Continue Reading