Strong Natural Gas Demand Helps TC Energy Top Q1 Profit Estimate | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 03, 2024, 10:30 AM CDT TC Energy Corporation reported on Friday an increase in comparable earnings for the first quarter of 2024 versus the same period last...Continue Reading
Oil Prices Under Pressure as Bearish Sentiment Builds | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – May 03, 2024, 9:45 AM CDT Bearish sentiment is building in oil markets after the latest U.S. economic data sparked concerns over demand. Rising oil...Continue Reading
OPEC Resolves Compensation Plans for Overproducing Members | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 03, 2024, 9:30 AM CDT OPEC convened a workshop today to address oil overproduction issues...Continue Reading
Glencore Could Start a Bidding War for Anglo American | 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 – May 03, 2024, 8:15 AM CDT Commodity giant Glencore has held early internal...Continue Reading
G7 Acknowledges Russian Asset Seizure Not on the Table | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 03, 2024, 7:12 AM CDT Officials from the G7 group of the world’s most industrialized nations are privately admitting that an all-out seizure of frozen Russian assets...Continue Reading
By Editorial Dept – May 03, 2024, 6:30 AM CDT While all attention is on the Middle East and the Russia-Ukraine war, Moscow is securing key venues in Africa while Western nations withdraw or are forced out. Late on Thursday, Russian troops entered a U.S. airbase in Niger, after the new military junta there evicted...Continue Reading
What’s Next for Big Oil After an Uninspiring Earnings Season? | OilPrice.com Premium Content By Editorial Dept – May 03, 2024, 6:30 AM CDT Last week, I wrote that while Q1 profits were expected to be down this year and energy stock prices were higher, that didn’t mean that energy wasn’t a place to be...Continue Reading
Iran Claims to Have Expanded Its Axis of Resistance | OilPrice.com Premium Content By Editorial Dept – May 03, 2024, 6:30 AM CDT Politics, Geopolitics & Conflict Danish shipping giant Maersk has raised the lower end of its full-year guidance thanks to Houthi attacks that have disrupted Red Sea shipping. Maersk is now expecting Q1...Continue Reading
Oil Prices Fall to 7-Week Low as Market Pressures Mount | OilPrice.com Premium Content By Editorial Dept – May 03, 2024, 6:30 AM CDT Oil prices have dipped to their lowest levels in nearly two months, with U.S. West Texas Intermediate (WTI) and Brent crude being particularly impacted. These declines reflect a complex interplay of...Continue Reading
Texas Is Preparing for Electricity Demand to Surge | OilPrice.com Premium Content By Editorial Dept – May 03, 2024, 6:30 AM CDT 1. Shell Remains on the Right Track to Recovery – UK-based energy major Shell was one of the rare oil companies to surpass analyst expectations with its Q1 reported profit of $7.7 billion, buoyed by...Continue Reading
