Oil Prices Fall to 7-Week Low as Market Pressures Mount | OilPrice.com Premium Content By Editorial Dept – May 03, 2024, 6:30 AM CDT Oil prices have dipped to their lowest levels in nearly two months, with U.S. West Texas Intermediate (WTI) and Brent crude being particularly impacted. These declines reflect a complex interplay of...Continue Reading
Texas Is Preparing for Electricity Demand to Surge | OilPrice.com Premium Content By Editorial Dept – May 03, 2024, 6:30 AM CDT 1. Shell Remains on the Right Track to Recovery – UK-based energy major Shell was one of the rare oil companies to surpass analyst expectations with its Q1 reported profit of $7.7 billion, buoyed by...Continue Reading
Heavy Oil Crunch Could Drive Up Shipping and Construction Costs | 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 – May 03, 2024, 5:58 AM CDT A limited supply of heavy crude...Continue Reading
Shipping Giant Maersk Warns Red Sea Disruptions Could Continue Into 2025 | 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 – May 03, 2024, 4:47 AM CDT Amid a lack of signs...Continue Reading
UK to Allow Oil and Gas Drilling on Offshore Wind Sites | 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 – May 03, 2024, 3:30 AM CDT The Tory government will allow oil and...Continue Reading
Pioneer Reports Q1 Profit Decline Ahead of Exxon Takeover | 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 – May 03, 2024, 2:30 AM CDT Pioneer Natural Resources reported weaker financial results for the...Continue Reading
Oil Prices Set for Another Weekly Loss | 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 – May 03, 2024, 1:17 AM CDT Crude oil prices inched up earlier today but remained on course...Continue Reading
Aramco Leads Oil Industry Investment in AI | 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 – May 02, 2024, 7:00 PM CDT Global Data: Aramco is leading oil companies in AI investment. Saudi...Continue Reading
Carbon-Eating Bacteria May Hold The Key To Decarbonization | 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 Premium Content By Tsvetana Paraskova – May 02, 2024, 6:00 PM CDT A U.S.-based biotech firm has found a way...Continue Reading
Cash-flush Oil Industry Has Less Appetite For Debt | 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 – May 02, 2024, 5:00 PM CDT Demand for loans from the oil and gas industry fell...Continue Reading