Saudi Aramco Buys $3.4 Billion Stake In Chinese Petrochemical Firm | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 21, 2023, 8:04 AM CDT Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the...Continue Reading

Turkey’s Fuel Hike Undermines Erdogan’s Natural Gas Gift | OilPrice.com Premium Content By Editorial Dept – Jul 21, 2023, 8:00 AM CDT Politics, Geopolitics & Conflict Erdogan had campaigned on free natural gas for homes shortly after production began of first gas in mid-April (just a few weeks before elections that he would win in...Continue Reading

Playing The End Of A Fed Rate Hike Cycle | OilPrice.com Premium Content By Editorial Dept – Jul 21, 2023, 8:00 AM CDT It is not often that I start a piece, here or elsewhere, with a disclaimer, but I feel that I should here. A couple of weeks ago, I bought the stock that...Continue Reading

Oil Traders Are Growing Cautiously Bullish | OilPrice.com Premium Content By Editorial Dept – Jul 21, 2023, 8:00 AM CDT In a week of turbulent trade, U.S. benchmark September West Texas Intermediate (WTI) crude oil futures have managed to hold their ground, indicating a potential higher finish for the week. Thursday’s session saw WTI crude...Continue Reading

India’s Oil Demand Is Soaring | OilPrice.com Premium Content By Editorial Dept – Jul 21, 2023, 8:00 AM CDT 1. Indian Oil Demand Impresses as Other Asian Giants Falter – India’s demand for oil has been one of the main success stories of this year, rising 5% on the year (or by some 240,000 b/d...Continue Reading

By Editorial Dept – Jul 21, 2023, 8:00 AM CDT As Russia intensifies its war against Ukraine in the aftermath of the Crimea bridge explosion and NATO’s push to expand membership to Sweden and Finland, it may be a frightening show of power, but Moscow’s house is in severe disarray and this distraction won’t change...Continue Reading

SLB Beats Profit Forecast As Offshore And International Drilling Rebounds | 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 – Jul 21, 2023, 7:14 AM CDT The biggest oilfield services firm in...Continue Reading

China Starts Drilling For Natural Gas 6 Miles Underground | 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 – Jul 21, 2023, 4:00 AM CDT China National Petroleum Corporation (CNPC) has started...Continue Reading

Guyana Awaits Official U.S. Communication Of Probe Into Exxon Contractor | 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 – Jul 21, 2023, 2:49 AM CDT Guyana will not be taking action...Continue Reading

Oil Prices Set For Fourth Consecutive Weekly Gain As Supply Tightens | 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 – Jul 21, 2023, 1:39 AM CDT Oil prices were up early...Continue Reading