“Big Cold Weather Pattern Change” Forecasted For Eastern US | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Related News By ZeroHedge – Dec 15, 2023, 4:30 PM CST The weather blog Severe Weather Europe provides an in-depth analysis of “cold anomalies across much of the central, southern, and eastern United...Continue Reading

By Julianne Geiger – Dec 15, 2023, 12:31 PM CST The total number of active drilling rigs in the United States fell by 2 this week after climbing by 10 over the course of the last four weeks, according to new data that Baker Hughes published Friday. The total rig count fell to 624 this...Continue Reading

Maersk Diverts Tankers from Red Sea After Two More Ships Are Attacked by Houthis | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 15, 2023, 11:20 AM CST There’s been yet another Houthi attack on commercial shipping in the Red Sea, in at...Continue Reading

On the heels of Christine Lagarde’s more-hawkish-than-The-Fed comments yesterday, the European Union’s economy appears to be deteriorating faster than anticipated. The Euro area composite flash PMI fell by 0.6pt to 47.0 in December, below expectation, raising the risk that the region may experience a recession in the second half. As S&P Global noted: “Once again, the figures paint...Continue Reading

Houthis Continue To Attack Ships Near Vital Oil Chokepoints | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 15, 2023, 10:30 AM CST Maritime security firms and U.S. officials report daily incidents about attacks by the Iran-aligned Houthi rebels in Yemen who continue to attack...Continue Reading

Santa Getting Boost From Lower Gasoline Prices | 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 Premium Content By Julianne Geiger – Dec 15, 2023, 10:00 AM CST The national average price for a gallon of regular gasoline...Continue Reading

TotalEnergies to Build a Solar and Storage Project in South Africa | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 15, 2023, 9:30 AM CST TotalEnergies is launching with partners the construction of a solar plus storage plant in South Africa, the French energy major...Continue Reading

A Long-Overdue Bullish Week for Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 15, 2023, 9:00 AM CST Oil prices are on course for their first weekly increase in eight weeks, a shift in sentiment that was...Continue Reading

Russia’s Urals Oil Exports Disrupted By Storm and Maintenance | 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 – Dec 15, 2023, 8:30 AM CST A storm and planned maintenance have forced...Continue Reading

Biden Tells Federal Employees to Use EVs and Trains on Official Travel | 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 – Dec 15, 2023, 7:30 AM CST The Biden Administration is...Continue Reading