Oil prices crashed in Wednesday’s session, marking the second day of declines ahead of a likely 25-basis point rate hike by the Federal Reserve as well as growing anxiety over the prospect of a recession amid questions about the health of U.S regional banks. WTI June contract slipped 5.1% to $68.29 per barrel while Brent...Continue Reading
Iraq And Turkey Yet To Reach Deal On Restarting Kurdistan Oil Exports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 03, 2023, 10:33 AM CDT Iraq and Turkey have not reached an agreement yet on the resumption of crude oil exports out of the...Continue Reading
Iran Seizes Second Oil Tanker In Arabian Gulf | 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 03, 2023, 10:00 AM CDT Iran’s Islamic Revolutionary Guard Corps Navy seized early...Continue Reading
EIA Inventory Report Fails To Arrest Oil Price Slide | 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 – May 03, 2023, 9:38 AM CDT Crude oil prices continued lower after the Energy Information...Continue Reading
Phillips 66 Trumps Earnings Estimates As Refining Margins Rise | 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 03, 2023, 9:30 AM CDT One of the top U.S. refiners, Phillips...Continue Reading
IMF: Saudi Arabia Needs Oil Prices At $80.90 To Balance Budget | 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 03, 2023, 8:30 AM CDT The IMF said in its...Continue Reading
Norway Set To Accelerate Arctic Oil And Gas Drilling | 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 03, 2023, 8:30 AM CDT Companies operating in the Norwegian Continental Shelf...Continue Reading
Albemarle Plans To Boost Lithium Capacity In Australia | 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 03, 2023, 7:29 AM CDT The world’s largest lithium producer Albemarle has announced plans to...Continue Reading
Oil Price Rout Sends Ripples Across Related Industries | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 03, 2023, 7:24 AM CDT Despite OPEC+ production cuts and Russia’s war in Ukraine, oil prices are falling due to economic fears in the U.S. and China. The...Continue Reading
Why Shale Frackers Should Be In A Strong Position In 2023 | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – May 02, 2023, 7:00 PM CDT Land...Continue Reading
