Germany’s EV Sales Sink 37% as Subsidies End | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Aug 05, 2024, 12:30 PM CDT The biggest European car market, Germany, saw the sales of electric vehicles plummet by 36.8% in July from...Continue Reading

Fact-Checking the Biden Administration’s SPR Narrative | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Aug 05, 2024, 12:00 PM CDT Despite claims of replenishment, the Strategic...Continue Reading

Nigeria Loses $1,000 per Barrel of Crude Oil It Exports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 05, 2024, 11:30 AM CDT Nigeria is losing $1,000 on every barrel of crude oil it exports, due to a lack of the added value from...Continue Reading

Big Tech’s Got a Conflict Minerals Problem | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 05, 2024, 11:00 AM CDT Big Tech companies like Amazon, Apple, Google, Meta, and Microsoft are potentially sourcing minerals from conflict-affected regions in Africa. Despite regulations...Continue Reading

Petrobras achieved the main target of the Uchuva-2 well, confirming the extent of the natural gas discovery made in 2022 while drilling of the Uchuva-1 well. This well adds relevant information for the development of a new frontier of exploration and production in Colombia, reinforcing the volumetric potential for natural gas in the region. SourceContinue Reading

Production at Sharara in southern Libya has stopped completely from nearly 270,0000 bpd on Saturday when employees received orders to trim output, according to the people, who asked not to be identified as they aren’t authorized to speak to the media. SourceContinue Reading

Oil Price Collapse Halted by Tensions in the Middle East | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 05, 2024, 10:00 AM CDT Oil prices dropped significantly on Friday and Monday morning due to concerns about a potential recession in the U.S. and weak...Continue Reading

Oil Price Collapse Tampered by Tensions in the Middle East | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 05, 2024, 10:00 AM CDT Oil prices dropped significantly on Friday and Monday morning due to concerns about a potential recession in the U.S. and weak...Continue Reading

U.S. Power Plants Hold the Highest Coal Stock Levels Since 2020 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 05, 2024, 9:30 AM CDT U.S. electric power plants held a total of 138 million short tons of coal at the end of May, the...Continue Reading

How Conflict in the Middle East Could Send Oil Prices Soaring | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Aug 05, 2024, 8:51 AM CDT Rising...Continue Reading