Having broken below $1800 earlier in the week, after suffering a ‘death cross’, gold prices are plunging this morning – on heavy volume – as real yields soar. This is the lowest in 8 months… As real yields surge… When will people stop selling gold and silver and realize that rising inflation is not a...Continue Reading
Oil Rig Count Inches Higher As Prices Drop | 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 Premium Content By Julianne Geiger – Feb 26, 2021, 12:19 PM CST Baker Hughes reported on Friday that the number of...Continue Reading
OPEC+ Compliance With Oil Production Cuts Jumps To 103% | 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 – Feb 26, 2021, 11:30 AM CST The OPEC+ group of producers complied at...Continue Reading
Reuters Poll: Bankers See Steady Rise In Oil Prices | 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 – Feb 26, 2021, 11:00 AM CST Brent crude will average $59.07 per barrel this year,...Continue Reading
U.S. Strikes Iran-Related Targets In Syria | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 26, 2021, 10:30 AM CST The United States carried out airstrikes against facilities that, according to the Pentagon, belong to Iran-backed militia in Syria, Reuters reported, noting these were limited...Continue Reading
Texas Freeze Led To Second-Highest Natural Gas Withdrawal Ever | 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 – Feb 26, 2021, 10:00 AM CST The extreme winter weather last week resulted...Continue Reading
Renewable Energy Advocate Granholm Confirmed For Top Energy Post | 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 – Feb 26, 2021, 9:30 AM CST Renewable energy ally and fossil fuel foe Jennifer...Continue Reading
China’s Oil Reserves Near Limit | 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 – Feb 26, 2021, 9:00 AM CST China’s crude oil reserves have reached a level equal to 100 days of...Continue Reading
Last year’s crash in oil prices and China’s rapid rebound from the first wave of the Covid-19 pandemic set the stage for a flurry of crude purchases. However, stockpiling has leveled off as oil prices rebounded and storage space runs out. SourceContinue Reading
How High Can Oil Really Go? | 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 – Feb 25, 2021, 7:00 PM CST Oil price revisions started cautiously: some banks saw Brent crude averaging $65...Continue Reading