U.S. Oil And Gas Rig Count Falls Slightly | 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 09, 2022, 12:14 PM CST The number of total active drilling rigs in the...Continue Reading

Texas Senate Committee Takes Aim At BlackRock Over ESG Policies | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 09, 2022, 11:00 AM CST The  Texas Senate Committee on State Affairs has subpoenaed investment firm BlackRock for documents related to its promotion...Continue Reading

Bulgaria, Romania Snubbed In Schengen Bid | 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 Related News By RFE/RL staff – Dec 09, 2022, 10:30 AM CST Croatia has received the go-ahead to...Continue Reading

Russia Balks At “Stupid” Oil Price Cap, Mulls Production Cut | 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 09, 2022, 9:50 AM CST Crude prices rose on Friday morning on...Continue Reading

China Could Export Record-High Fuel Volumes This Month | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2022, 9:30 AM CST Looking to take advantage of export demand and refining margins to offset weak domestic consumption, Chinese refiners could export a record-high volume of...Continue Reading

Bullish Catalysts Fail To Spark An Oil Price Rally | 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 09, 2022, 9:00 AM CST Oil prices have been reluctant to climb higher this week despite multiple bullish catalysts. It seems that...Continue Reading

By Editorial Dept – Dec 09, 2022, 8:00 AM CST The transformation of Russian war propaganda indicates that this is no longer about winning in Ukraine, which is–it would seem–no longer a viable goal. The Russians aren’t seeing any real victories on the ground, even as they barrage Ukraine’s energy infrastructure. The newly emerging war...Continue Reading

By Editorial Dept – Dec 09, 2022, 8:00 AM CST As I have said here many times before, institutional traders are like sports talk radio host in that they consistently overreact to every bit of news. Having been there, I know why. When you are 100% focused on something all day every day, any headline...Continue Reading

Libya Attempts To Lure Oil And Gas Companies Back | OilPrice.com Premium Content By Editorial Dept – Dec 09, 2022, 8:00 AM CST Politics, Geopolitics & Conflict Libya has officially lifted force majeure on oil and gas exploration, hoping to lure international oil companies back to E&P activities. While this decision was based on claims...Continue Reading

The Cost Of Drilling Continues To Rise | OilPrice.com Premium Content By Editorial Dept – Dec 09, 2022, 8:00 AM CST 1. Price of Drilling Continues to Edge Higher Despite Cheaper Raw Materials – According to IHS Markit, the average cost of developing upstream oil and gas assets rose by another 1.8% in Q3 2022...Continue Reading