Russian Refineries Install Nets as Protection From Drone Attacks | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 19, 2024, 9:30 AM CDT Russian oil company Bashneft, part of state-controlled giant Rosneft, has installed metal mesh at its refineries to protect them from drone attacks...Continue Reading

Oil Price Volatility Soars Amid Geopolitical Uncertainty | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Apr 19, 2024, 8:40 AM CDT Oil price volatility has climbed dramatically as tensions between Israel and Iran escalate, with Brent breaking the $90 mark...Continue Reading

Biden Administration Restricts Oil Drilling and Mining in Alaska | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 19, 2024, 8:30 AM CDT The U.S. Administration finalized on Friday a strategy to help protect federal lands, which includes restricting access to drilling and mining in a...Continue Reading

International Oil Drilling Boosts SLB’s Net Profit in Q1 | 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 – Apr 19, 2024, 7:30 AM CDT SLB (NYSE: SLB), the world’s largest oilfield...Continue Reading

U.S. Sanctions on Venezuela Snap Back Into Place | OilPrice.com Premium Content By Editorial Dept – Apr 19, 2024, 6:50 AM CDT Politics, Geopolitics & Conflict At midnight on Thursday, the six-month temporary oil sanctions relief Washington granted Venezuela last October expired, and the Biden administration moved to reimpose those sanctions, which was met with...Continue Reading

A Chinese EV Company That Represents Remarkable Value | OilPrice.com Premium Content By Editorial Dept – Apr 19, 2024, 6:50 AM CDT Over the years, one of my most profitable investment research techniques has been to look for companies whose stock has been dragged down by negativity around the market in which they operate, even...Continue Reading

Oil Traders Hedge Geopolitical Risk With Record Options | OilPrice.com Premium Content By Editorial Dept – Apr 19, 2024, 6:50 AM CDT 1. Venezuela Braces for Impact After US Reimposes Sanctions –  The Biden administration reimposed sanctions on Venezuela’s oil industry after its six-month waiver expired on 18 April, with the White House providing oil...Continue Reading

By Editorial Dept – Apr 19, 2024, 6:50 AM CDT Oil markets have largely discounted the Iranian missile and drone barrage directed at Israel because it was essentially a ruse designed not to inflict any damage, but to save face at home and abroad. Almost all of the missiles were intercepted by Israeli defense systems,...Continue Reading

Profit Taking Is Putting Downward Pressure on Oil Prices | OilPrice.com Premium Content By Editorial Dept – Apr 19, 2024, 6:50 AM CDT Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant volatility to the downside, driven by geopolitical concerns, unexpected inventory adjustments, and changes in demand. Although escalation fears between Israel...Continue Reading

Soaring Russian Oil Imports Drag OPEC’s Market Share in India to a Record Low | 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 – Apr 19, 2024, 6:30 AM CDT Russia was...Continue Reading