Via Metal Miner Prices for hot rolled coil in Western Europe have risen further in the past month as mills seek to regain lost revenue from the declines of 2024. As the steel industry looks to 2025, this could have significant implications for prices and partnerships. “People are buying before year’s end. I’ve got...Continue Reading
Oil Prices Remain Rangebound as 2024 Draws to a Close | 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 31, 2024, 8:33 AM CST Oil prices are ending the year very close to where they started the fourth quarter, with...Continue Reading
The Factors That Will Drive Oil Prices in 2025 | 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 – Dec 30, 2024, 7:00 PM CST Focus on China’s oil demand, predicted to peak in...Continue Reading
Revisiting the Top 5 Biggest Energy Stories of 2024 | 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 – Dec 30, 2024, 6:00 PM CST The US achieved...Continue Reading
Is The Iraqi Oil Export Embargo Set To Be Lifted After Landmark Legal Ruling? | 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 – Dec 30, 2024, 5:00...Continue Reading
Flotek has provided an update regarding flare monitoring regulations issued by the Environmental Protection Agency (EPA). The EPA’s proposed amendments, issued Dec. 20, address industry concerns on the complexity of flare monitoring and testing. SourceContinue Reading
Suez Canal revenue has plunged 60% this year, a loss of $7 billion for Egypt, amid attacks on shipping in the Red Sea and ongoing regional tensions. President Abdel Fattah al-Sisi in a statement blamed rising geopolitical challenges for the decline but offered no other details, according to published reports. Egypt collects tolls on vessels...Continue Reading
Ecopetrol S.A. announces that they have successfully concluded negotiations with Repsol to acquire the remaining 45% of its stake in block CPO-09. Ecopetrol is now the sole owner of this strategic asset in the Piedemonte Llanero. SourceContinue Reading
Biden Administration’s Final Aid Package to Ukraine Aims to Bolster Defense | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Dec 30, 2024, 2:00 PM CST The...Continue Reading
(Bloomberg) – Carlos Slim, Latin America’s richest man, invested $1 billion this year into growing his crude-oil producing and refining portfolio in a bet that demand for fossil fuels isn’t going away anytime soon. SourceContinue Reading
