An Irresistible Pre-Earnings Trade | OilPrice.com Premium Content By Editorial Dept – Aug 18, 2023, 8:00 AM CDT In some ways, buying a falling stock in front of earnings isn’t a smart thing to do. There is always the chance that there are people out there who know more than you do and that the...Continue Reading

Traders Remain Cautious Amid Oil Price Volatility | OilPrice.com Premium Content By Editorial Dept – Aug 18, 2023, 7:46 AM CDT After facing declines for three straight sessions, October West Texas Intermediate (WTI) crude oil prices rebounded on Thursday. However, despite the greenback weakening and China’s central bank pushing for economic recovery, the market is...Continue Reading

China’s Economic Woes Hurt Diesel Demand | OilPrice.com Premium Content By Editorial Dept – Aug 18, 2023, 7:43 AM CDT 1. China’s Diesel Renaissance Is Not Happening – Analytics firms have been cutting their Chinese diesel demand outlooks for 2023, with Rystad and the IEA cutting 100,000 b/d and 150,000 b/d from earlier forecasts, respectively,...Continue Reading

The Threat Of A Jihadist Resurgence In West Africa | OilPrice.com Premium Content By Editorial Dept – Aug 18, 2023, 7:39 AM CDT Politics, Geopolitics, & Conflict Jihadist groups are resurging in West Africa as the coup in Niger creates instability on borders and gives Islamist radicals in the Sahel a reason to feel emboldened....Continue Reading

By Editorial Dept – Aug 18, 2023, 7:34 AM CDT It was only a (short) matter of time before Libya’s oil was once again in a very precarious position as various factions in rival governments attempt to jockey for position. Militia warfare in Tripoli (the seat of the Government of National Accord, GNA) broke out...Continue Reading

Sour Crude Market Tightens Further As Kuwait’s Exports Dip | 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 18, 2023, 7:17 AM CDT The market for sour crude in Asia...Continue Reading

China’s Oil Reserves Could Undermine OPEC+ Efforts To Tighten The Market | 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 – Aug 18, 2023, 5:42 AM CDT China’s high inventory levels will...Continue Reading

Nigeria Has Lost $46 Billion Worth Of Crude Oil To Theft | 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 18, 2023, 4:52 AM CDT In the decade to 2020,...Continue Reading

Diesel Demand Outlook Darkens On China Slowdown | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 18, 2023, 3:18 AM CDT Forecasters are revising their diesel demand outlook for the rest of the year on slower-than-expected Chinese economic growth, Reuters has reported, noting this would...Continue Reading

Chevron LNG Workers To Vote On Strike Action | 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 – Aug 18, 2023, 2:06 AM CDT Workers at the two LNG projects that Chevron operates offshore...Continue Reading