U.S. Strategic Petroleum Reserve Falls To 35-Year Low | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 22, 2022, 3:30 PM CDT The United States’ Strategic Petroleum Reserve (SPR) now has only 453.1 million barrels in its inventory, following another significant drop in the past...Continue Reading

Saudi Arabia Is Planning To Build The World’s Largest Wind Farm In Uzbekistan | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Aug 22, 2022, 3:00 PM CDT Saudi...Continue Reading

Europe Splurges on Russian Oil As EU Ban Nears | OilPrice.com Charles Hugh Smith Charles Hugh Smith has been an independent journalist for 22 years. His weblog, www.oftwominds.com, draws two million visits a year with unique analyses of global… More Info Related News By Charles Hugh Smith – Aug 22, 2022, 2:30 PM CDT Ahead...Continue Reading

Aluminum Smelters Shutter Operations In Europe As Power Prices Soar | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 22, 2022, 2:00 PM CDT European power prices have skyrocketed over the past several months. High power prices have forced aluminum and zinc...Continue Reading

TotalEnergies and Eni made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018. SourceContinue Reading

Europe’s Energy Prices Soar To New Records As Russia Plans Gas 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 22, 2022, 1:30 PM CDT Energy prices in Europe...Continue Reading

Chinese Banks Slash Key Interest Rate In Bid To Bolster Stalling Economy | 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 – Aug 22, 2022, 1:00 PM CDT...Continue Reading

China Extends Power Curbs As Heatwave And Drought Persist | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 22, 2022, 12:30 PM CDT China has extended orders for industries to shut down production for five more days as heatwaves and extreme drought in its southwestern...Continue Reading

A new study indicates that unnecessary growth in the number of processes and procedures and lack of equipment reliability are the biggest concerns for maintenance managers in the oil and gas industry. SourceContinue Reading

Saudi Minister Says OPEC+ Could Cut Production At Any Time | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 22, 2022, 12:00 PM CDT Prince Abdulaziz bin Salman prepared the market for a new round of production cuts. The Prince described the markets as being...Continue Reading