Oil May Not Go Higher Unless Supply Gets Disrupted | OilPrice.com Premium Content By Editorial Dept – Jan 05, 2024, 8:00 AM CST Weekly Performance Summary This week witnessed varied movements in the crude oil market, driven by multiple factors. Oil prices dropped lower on Thursday, impacted by significant increases in gasoline and distillate stocks,...Continue Reading
OPEC’s December Production Up, Not Down: Survey | 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 Related News By Julianne Geiger – Jan 05, 2024, 8:00 AM CST The Organization of the Petroleum Exporting Countries (OPEC) increased its...Continue Reading
2024 Could be a Better Year for Canadian Oil Producers | OilPrice.com Premium Content By Editorial Dept – Jan 05, 2024, 8:00 AM CST Numbers Report – January 05, 2024 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in...Continue Reading
Maersk Reroutes Ships Away from Red Sea after Latest Attack | 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 – Jan 05, 2024, 6:30 AM CST Denmark’s Maersk said it will reroute 80% of...Continue Reading
Exxon Warns of $2.5-Bln Hit from California Exit | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 05, 2024, 5:30 AM CST Exxon will need to write down its California assets by about $2.5 billion as of the fourth quarter of 2023 after it struck...Continue Reading
Oil Starts Year with Moderate Gains | 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 – Jan 05, 2024, 4:15 AM CST Crude prices are set to close out the first week of the...Continue Reading
This Ain’t Your Daddy’s Shale Boom | 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 – Jan 04, 2024, 7:00 PM CST The year 2023 saw the U.S. hit a record crude...Continue Reading
The Real Reason Angola Withdrew from OPEC | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 04, 2024, 6:00 PM CST Angola’s OPEC exit was motivated my its plan to keep production above 1 million bpd. Ten years ago, Angola was pumping some 1.8 million...Continue Reading
Argentina’s New President Plans Controversial Economic Overhaul | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Jan 04, 2024, 5:00 PM CST Milei’s plan involves drastic measures...Continue Reading
Just as EV demand appeared to be nearing super-saturation, incentives for buying electric vehicles are starting to fall by the wayside. There are now just 13 EV models that are eligible for a consumer tax credit of as much as $7,500 thanks to new Biden administration rules that took effect on January 1, according to Bloomberg. Previously,...Continue Reading
