Over the past several weeks, Asian refineries have snapped up crude oil from the Middle East, the U.S. and Russia as buyers received more government allowances to boost imports after the start of next year. Demand for North Sea barrels was slow to pick up, but even that’s now started to change. SourceContinue Reading
“The peak of consumption may have already passed,” Deputy Finance Minister Vladimir Kolychev said in an interview in Moscow. “The risk is rising in the longer term” that hydrocarbon revenues could come in below the current outlook, he said. SourceContinue Reading
Tehran will “prepare resources and oil-industry equipment for the production and export of oil in line with current capacity within the next three months,” according to President Hassan Rouhani’s official website. “We’re ready to quickly raise oil production,” he said. SourceContinue Reading
Shale Executives See Little Chance Of Significant Growth | 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 – Dec 06, 2020, 6:00 PM CST Crude oil production in the United States has been on...Continue Reading
The 3 Hottest Electric Car Stocks For 2021 | OilPrice.com Premium Content By Olu Fashola – Dec 06, 2020, 4:00 PM CST Never before in the history of money-making has wealth accumulation happened as fast as it has with Elon Musk. Tesla (NASDAQ:TSLA) surged past even Warren Buffett’s Berkshire Hathaway (NYSE:BRK) last Friday. Now, the...Continue Reading
China Installs ‘Artificial Sun’ To Test Fusion Power | 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 – Dec 06, 2020, 2:00 PM CST China has successfully installed an “artificial sun” device...Continue Reading
Top Oil Stocks For Investors This December | 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 – Dec 06, 2020, 12:00 PM CST Energy was one of the hardest-hit industries by the coronavirus pandemic....Continue Reading
Commercial Green Hydrogen Just Got A Step Closer | 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 – Dec 06, 2020, 10:00 AM CST Green hydrogen development advanced further this week after...Continue Reading
In the wake of fresh warnings about declining oil demand, a struggle is brewing between key exporters like the U.S. and the OPEC+ alliance to gain market share in the world’s last growth region before it’s too late. SourceContinue Reading
The UAE’s multi-billion-dollar investments to grow oil market share plays into a wider shift in the dynamic between Abu Dhabi Crown Prince Sheikh Mohammed Bin Zayed and Saudi Arabia’s Crown Prince Mohammed bin Salman over who in the region holds sway on the international stage. SourceContinue Reading
