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

Turning Dreams into Reality in North Dakota’s Oilfields | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jan 04, 2024, 4:00 PM CST Josef McConnell, a Southern Californian tennis coach, found a new career in North Dakota’s Bakken oilfield after the pandemic impacted...Continue Reading

U.S. Refiner Phillips 66 Discussing Asset Sale | 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 04, 2024, 3:30 PM CST Houston-based petroleum refinery Phillips 66 (NYSE:PSX) is actively discussing the...Continue Reading