U.S. Oil Drillers See More Gains As OPEC+ Agrees to Cut Production | 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 Premium Content By Julianne Geiger – Dec 01, 2023, 12:09 PM CST The total number of active...Continue Reading
Orban Says Ukraine’s EU Accession Not Currently In Hungary’s Interest | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Dec 01, 2023, 11:00 AM CST Orban: Ukraine’s...Continue Reading
Dutch Fund Keeps Shell, BP in Portfolio as it Dumps 40 Other Oil Firms | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Dec 01, 2023, 10:30 AM CST Dutch pension fund Pensioenfonds Metaal &...Continue Reading
Russia Set To Boost Diesel Shipments By 28% in December | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 01, 2023, 10:00 AM CST Moscow reduced its fuel export curbs in November. Russia is set to export more diesel from its Black Sea and Baltic...Continue Reading
German Grid Regulator Plans to Spread Clean Energy Costs Across All Regions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 01, 2023, 9:31 AM CST Consumers in Germany’s states with lower clean energy production may end up paying higher grid fees as the regulator...Continue Reading
By Editorial Dept – Dec 01, 2023, 9:00 AM CST For newly oil-rich Guyana, this weekend will be a fateful one, with rumors that Venezuela is gathering forces to invade at the close of a referendum on the ownership of Essequibo, a disputed region that represents two-thirds of Guyana’s total territory. Residents of Essequibo are...Continue Reading
Oil Markets Unimpressed By OPEC+ Cuts | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST Markets Oil markets balked at the OPEC+ news this week that saw the organization extend cuts from Saudi Arabia and Russia and deepen the group’s overall cuts with other member states beginning in the first...Continue Reading
Why Did Oil Drop on an OPEC+ Output Cut and Will the Selling Continue? | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST Over the last twenty years or so, I have spent a lot of time teaching and mentoring aspiring traders. During that time, I have heard a lot...Continue Reading
Europe’s Insatiable Hunger for LNG | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST 1. OPEC+ Confronts Quota Imperfections, Weak Sentiment – Saudi Arabia and Russia, the two heavyweights of OPEC+, have managed to coordinate a wider response to weakening market sentiment and agree on voluntary cuts of 2.2 million...Continue Reading
Digesting the OPEC+ Production Cuts | OilPrice.com Premium Content By Editorial Dept – Dec 01, 2023, 9:00 AM CST OPEC+ Agrees on Significant Output Cuts Amid Market Uncertainty In a decisive move, OPEC+ members, led by Saudi Arabia, have agreed to substantial voluntary output cuts totaling about 2.2 million barrels per day (bpd) for early...Continue Reading