Economic Momentum Wanes in Eurozone as Borrowing Costs Soar | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Nov 17, 2023, 2:00 PM CST Eurozone’s growth for...Continue Reading

Russia Removes Gasoline Export Ban As Domestic Market Stabilizes | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 17, 2023, 2:00 PM CST Russia has lifted its gasoline export implemented in mid-September, citing a supply surplus of some 2 million metric tons, Reuters reports.  The lifting of...Continue Reading

Oil Gains Over 4% Likely On Profit-Taking, Short Covering | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 17, 2023, 1:30 PM CST While fundamentals took over from the war-risk premium this week, pummeling oil prices, Brent crude was gaining over 4% by midday Friday,...Continue Reading

Breakthrough Research Unveils True Cause of Battery Degradation | OilPrice.com Brian Westenhaus Brian is the editor of the popular energy technology site New Energy and Fuel. The site’s mission is to inform, stimulate, amuse and abuse the… More Info Premium Content By Brian Westenhaus – Nov 17, 2023, 1:00 PM CST The study shows that...Continue Reading

By Julianne Geiger – Nov 17, 2023, 12:16 PM CST The total number of active drilling rigs in the United States rose by 2 this week after falling by 2 last week, according to new data that Baker Hughes published Friday. The total rig count rose to 618 this week. So far this year, Baker...Continue Reading

Goldman Sachs Sees OPEC Keeping Oil In $80-$100 Price Range | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 17, 2023, 11:30 AM CST Goldman Sachs expects OPEC to not let oil prices slide too much below $80 per barrel next year and use its...Continue Reading

Is This The Best Way To Play The Plunge In Oil Prices? | OilPrice.com Premium Content By Editorial Dept – Nov 17, 2023, 11:00 AM CST One of the things on which I pride myself when writing here, or elsewhere for that matter, is that I don’t run away and hide should I make a...Continue Reading

U.S. Investigates Chipmaker Over Alleged Export Violations to China | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Nov 17, 2023, 11:00 AM CST The probe involves shipments of semiconductor equipment to China’s largest chipmaker, SMIC, without proper export licenses. The Biden administration’s...Continue Reading

BP Weighs Team-Ups, Anchor Investments To Cut Renewables Costs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 17, 2023, 10:30 AM CST BP is exploring ways to reduce soaring costs in the renewables sector by considering potential investments in the supply chain and development...Continue Reading

By RFE/RL staff – Nov 17, 2023, 10:00 AM CST Sanctions are part of efforts to reduce Russian oil revenue funding its war in Ukraine. Sanctions target companies and vessels using U.S. services to transport overpriced Russian crude oil. The action is in line with the G7’s strategy to limit Russia’s wartime profits while maintaining...Continue Reading