“I wouldn’t call it a ‘supercycle’ but there are expectations that we will see about three years of good prices,” said Diego Hernández, president of Chile’s National Mining Society (Sonami), which represents the country’s top miners. “No one was smart enough in 2020 when it comes to prices. No one was able to predict that...Continue Reading
Shell Sees LNG Demand Nearly Doubling By 2040 | 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 25, 2021, 10:00 AM CST Global demand for liquefied natural gas (LNG) is...Continue Reading
In practical terms, the oil sands revision clipped Exxon’s future growth prospects until oil prices rise, costs slide or technological advances make it profitable to drill those fields. SourceContinue Reading
Biggest U.S. Airlines To Discuss Renewable Fuels With White House | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 25, 2021, 9:30 AM CST The chief executives of the biggest airlines in the United States are set to meet virtually with the White House National...Continue Reading
Bank Of America Expects Fastest Oil Price Rise In 30 Years | 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, 9:00 AM CST Oil prices are set to rise by...Continue Reading
The oil futures curve is continuing to indicate tightness. The market is in a backwardation of almost $6 a barrel for the next 12 months, a structure that indicates scarce supplies. SourceContinue Reading
Oil Demand Won’t Be Wiped Out By Energy Transition | 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 24, 2021, 7:00 PM CST The COVID-19 crisis has accelerated the timeline...Continue Reading
Could This Be The Most Exciting Gold Play of 2021? | OilPrice.com Premium Content By Paula Jennings – Feb 24, 2021, 6:01 PM CST A run on gold has propelled it to an all-time high in August 2020 when it nearly doubled from its 5-year nadir, fueled by an overheating stock market, a raging pandemic...Continue Reading
Tesla’s Stock Drop Is All Thanks To Musk’s Big Bitcoin Bet | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Feb 24, 2021, 6:00 PM CST After...Continue Reading
