Oil Prices Bounce Back From Eight-Month Lows | OilPrice.com Premium Content By Editorial Dept – Aug 09, 2024, 7:30 AM CDT This week, crude oil prices rebounded sharply from their recent lows, driven by a potent mix of geopolitical risks, tightening supply, and improving economic indicators. Both Brent and WTI benchmarks recorded gains for three...Continue Reading
Energy Investors Are Eyeing Utility Stocks | OilPrice.com Premium Content By Editorial Dept – Aug 09, 2024, 7:30 AM CDT Saudi Government’s Milking of Saudi Aramco Leads to Underperformance – Saudi Aramco has posted a 3.4% year-over-year decline in its Q2 net income, dropping lower to 29.07 billion due to lower oil sales volumes and...Continue Reading
OPEC+ Boosts Oil Production Despite Vows to Cut | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 09, 2024, 6:31 AM CDT OPEC+ oil production rose in July, exceeding their target. Russia, Iraq, and Kazakhstan pledged to compensate for previous overproduction but fell short in...Continue Reading
Underwhelming Oil Demand Could Force OPEC+ to Delay Easing of Cuts | 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 – Aug 09, 2024, 5:43 AM CDT It is not certain that...Continue Reading
LNG Infrastructure Firm Plans to Build New UK Import Terminal | 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 – Aug 09, 2024, 4:44 AM CDT Crown LNG Holdings, which provides LNG...Continue Reading
Mexico’s New Government to Encourage Oil Partnerships | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 09, 2024, 3:30 AM CDT The incoming Mexican government will encourage Pemex to partner with private oil companies to develop domestic resources, Reuters has reported, citing unnamed sources. The...Continue Reading
Petrobras Posts a Loss in Q2 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 09, 2024, 2:32 AM CDT Brazil’s state oil major Petrobras swung to a net loss in the second quarter, attributing it to unfavorable exchange rates and a one-off tax charge....Continue Reading
Oil Prices Poised for a Weekly Gain as Bullish Sentiment Builds | 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 Related News By Irina Slav – Aug 09, 2024, 1:32 AM CDT Crude oil prices were on course to...Continue Reading
Through its operations in Cameroon and the Republic of Congo – as well as activities in the Democratic Republic of the Congo, Chad, Gabon and Tunisia – Perenco represents a key player in the continent’s upstream industry. SourceContinue Reading
Paris Olympics 2024: The Greenest Games Ever? | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Aug 08, 2024, 7:00 PM CDT The Paris 2024 Olympics is poised to be the cleanest in decades regarding carbon emissions, aiming to...Continue Reading
