Why The IEA’s “Peak Oil” Forecast May Be Good for Energy Investors | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT This week, the International Energy Agency (IEA) issued a report predicting that “peak oil” the all time high point in oil demand, will come as soon as 2029. My...Continue Reading

A Powerful Family Army Is Forming in Eastern Libya | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT Politics, Geopolitics & Conflict The Sudanese government has accused the UAE of supplying weapons to the rival paramilitary force with whom the government has been engaged in a bloody civil war for...Continue Reading

Oil Prices Climb Out of Contango as Summer Demand Kicks In | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT 1. Summer Demand Finally Kicks In, Lifting Oil Prices Out of Contango – The summer rally of the oil markets might finally materialize as ICE Brent crept up to $85...Continue Reading

Oil Prices Surge on Falling Inventories and Rising Geopolitical Tensions | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT Oil futures have surged sharply this week, driven by a significant draw in U.S. crude inventories and signs of a cooling job market that have fueled hopes of a potential Federal...Continue Reading

Europe’s Negative Power Prices Highlight the Need for Energy Storage Investment | 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 – Jun 21, 2024, 6:00 AM CDT European wholesale electricity markets have...Continue Reading

Eastern Australia at Risk of Imminent Natural Gas Shortages | 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 – Jun 21, 2024, 5:00 AM CDT Australia’s east coast faces natural gas shortages...Continue Reading

Canada Oil Group Removes Energy Transition Content Amid Greenwashing Push | 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 – Jun 21, 2024, 4:00 AM CDT A Canadian oil industry association has removed all...Continue Reading

Chevron-Hess Merger Stalls on Arbitration Issues | 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 – Jun 21, 2024, 2:30 AM CDT The merger between Chevron and Hess Corp. may be delayed until next...Continue Reading

Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall | 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 – Jun 21, 2024, 1:19 AM CDT Crude oil prices...Continue Reading

Spending By World Nuclear Powers Soared To $91.4 Billion in 2023 | 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 – Jun 20, 2024, 7:00 PM CDT Global nuclear defense spending reached a record $91.4 billion in 2023. The U.S....Continue Reading