Red Sea Crisis Spurs Surge in Container Ship Rates | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 18, 2024, 12:00 PM CST Security concerns in the Red Sea have caused a scramble for available ships, pushing up charter rates and spot...Continue Reading

Shell Starts Layoffs in Search of Efficiencies | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 18, 2024, 11:30 AM CST Shell has begun hundreds of layoffs, sources with knowledge of the matter told Bloomberg on Thursday, as the supermajor looks to create more value through simplification...Continue Reading

Asia, Europe LNG Imports Likely To Survive Red Sea Chaos | 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 Premium Content By Tsvetana Paraskova – Jan 18, 2024, 11:00 AM CST Asian demand for LNG has rebounded...Continue Reading

The World’s Coal-Fired Power Generation Hit a Record High in 2023 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 18, 2024, 10:30 AM CST Global coal-fired power generation reached a record-high level in 2023, per data from environmental think tank Ember reported by Reuters...Continue Reading

Oil Moves Up on Inventory Draw | 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 Premium Content By Irina Slav – Jan 18, 2024, 10:08 AM CST Crude oil prices inched higher today after the U.S. Energy Information Administration reported an...Continue Reading

Russia’s Oil Revenues Slump To Six-Month 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 – Jan 18, 2024, 9:30 AM CST Widening discounts for Russian grades and lower international benchmark...Continue Reading

Tesla’s Aggressive Pricing Strategy Hits European Auto Stocks | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 18, 2024, 9:00 AM CST Tesla’s price cuts in Germany follow similar moves in China and aim to stimulate demand while competing with local and...Continue Reading

IEA Raises Oil Demand Outlook for 2024 for Third Consecutive Month | 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 18, 2024, 7:45 AM CST Global oil demand is set...Continue Reading

Top Oil and Financial Firms Made $424 Billion in Windfall Profits in Two Years | 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 18, 2024, 6:53 AM CST The biggest...Continue Reading

Pakistan Hits Militant Targets in Iran in Retaliatory Strike | 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 18, 2024, 4:14 AM CST Pakistan carried out early on Thursday a...Continue Reading