By Tom Kool – May 18, 2023, 10:00 AM CDT Oil prices shed 1% on Thursday morning. Concerns about the U.S. debt ceiling outweighed optimism about earnings. According to the U.S. Treasury, Washington could be out of cash by June 1st if the debt ceiling is not lifted soon. Oil prices shed 1% in Thursday...Continue Reading

Gazprom Plans To Have Record-High Natural Gas Stocks This Winter | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 18, 2023, 9:41 AM CDT As Gazprom’s natural gas exports and production drop, the Russian gas giant plans to have a record-high level of gas reserves...Continue Reading

Global Oil Demand Hit A Record High In March | 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 – May 18, 2023, 7:09 AM CDT Rising demand in China and the United...Continue Reading

U.S. And Allies Want More Surveillance To Curb Illicit Oil Transfers | 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 – May 18, 2023, 7:00 AM CDT The United States and its...Continue Reading

Wisconsin Tribe And Michigan AG Seek Shutdown Of Line 5 Pipeline | 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 – May 18, 2023, 4:00 AM CDT Michigan Attorney General Dana Nessel...Continue Reading

Brazil Axes Controversial Amazon Oil Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 18, 2023, 3:08 AM CDT The Brazilian environmental protection agency has refused to grant approval for a controversial offshore oil project led by state oil major Petrobras. The agency based...Continue Reading

Iran And Russia Discuss Joint Development Of Oil And Gas Fields | 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 – May 18, 2023, 2:10 AM CDT Iran and Russia are considering the joint...Continue Reading

Pakistan Risks $18 Billion Fine For Failing To Complete Iran Gas Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 18, 2023, 1:11 AM CDT Pakistan is facing penalties of as much as $18 billion if it fails to complete a gas pipeline project...Continue Reading

Signs Of Strong U.S. Fuel Demand Should Boost Oil Prices | 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 – May 17, 2023, 7:00 PM CDT U.S. refiners are optimistic about crack...Continue Reading

Goldman Sachs: Oil Markets To Face Supply Crisis In 2024 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – May 17, 2023, 6:00 PM CDT Crude prices remain highly volatile, partially due to the effects of gamma hedging. Goldman...Continue Reading