Geopolitical Tensions Keep Oil Prices Elevated | OilPrice.com Premium Content By Editorial Dept – Apr 12, 2024, 6:30 AM CDT In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of ongoing inflation, geopolitical tensions, and Federal Reserve policy decisions is...Continue Reading

The EU Allows Members to Ban Russian LNG as Imports Climb | OilPrice.com Premium Content By Editorial Dept – Apr 12, 2024, 6:30 AM CDT 1. EU Allows Banning Russian LNG as Member States Buy More – The European Parliament approved rules this week allowing the regional bloc’s respective governments to ban Russian LNG imports...Continue Reading

ADNOC Considered Buying Oil Giant BP | 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 – Apr 12, 2024, 6:00 AM CDT Abu Dhabi National Oil Company (ADNOC) has recently weighed buying...Continue Reading

China Moves to Stabilize Long-Term Coal Supply and Prices | 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 – Apr 12, 2024, 5:00 AM CDT China’s top economic planning body has finalized plans to...Continue Reading

Oil Prices Set for a Weekly Loss Due to Fears Interest Rates Will Remain High | 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 – Apr 12, 2024, 4:00 AM CDT After a string...Continue Reading

Secret Meeting Between Venezuela and the U.S. as Oil Sanctions Loom | 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 – Apr 12, 2024, 3:00 AM CDT U.S. and Venezuelan government officials met secretly...Continue Reading

Iran Will Seek to Avoid Escalation With Israel | 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 – Apr 12, 2024, 2:05 AM CDT Iran will respond to the Israeli attack on its consulate...Continue Reading

U.S. Crude Production To Decline In 2024 As Shale Activity Stalls | 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 – Apr 11, 2024, 7:00 PM CDT High decline rates for shale wells usually set in soon after commissioning. The...Continue Reading

Oil Fund Withdrawals Suggest Extended Price Rally | 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 – Apr 11, 2024, 6:00 PM CDT The WisdomTree exchange-traded commodity fund became the world’s largest oil fund...Continue Reading

Biden Administration’s SPR Plans Derailed by Oil Price Surge | OilPrice.com Premium Content By Robert Rapier – Apr 11, 2024, 5:00 PM CDT Department of Energy cancels solicitations for Bayou Choctaw SPR site deliveries, citing oil price increases. Despite promises to refill the SPR, Biden Administration halts purchases as market dynamics shift. Predictions of limited...Continue Reading