U.S. Regulators Launch An Investigation Into Tesla Safety Issues | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Related News By ZeroHedge – Nov 27, 2020, 11:30 AM CST In what appears to be a continuing spillover from Tesla’s recent contested recall of its Model S and Model...Continue Reading
Shipping Giants Clash With The EU Over Emissions Plans | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Related News By City A.M – Nov 27, 2020, 11:30 AM CST Japan, South Korea...Continue Reading
The company is a major producer in countries such as Iraq, where it operates the world’s third-largest oil field of Rumaila, the UAE and Oman. It’s focusing on their low-cost oil, while also boosting output of gas, according to Stephen Willis, BP’s senior vice president for the Middle East. SourceContinue Reading
By Editorial Dept – Nov 27, 2020, 11:00 AM CST U.S. West Texas Intermediate crude oil futures are putting in a mixed performance on Friday on low post-holiday volume. Earlier in the session, the U.S. futures contract fell more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic,...Continue Reading
By Editorial Dept – Nov 27, 2020, 11:00 AM CST 1. Energy catches fire amid broad rally – Oil prices have remained mostly stuck in the low-$40s for months, but the oil market has participated in the broader lift in financial markets stemming from optimism surrounding effective vaccines. – Oil prices surged to their highest...Continue Reading
By Editorial Dept – Nov 27, 2020, 11:00 AM CST The UAE’s largest oil company, ADNOC, this week approved its oil investments for the next five years, to US$122 billion. As ADNOC’s five-year plans go, it’s not the largest, (2019-2023 5-year plan was $132 billion), but considering what a rough year 2020 has been for...Continue Reading
By Editorial Dept – Nov 27, 2020, 11:00 AM CST Politics, Geopolitics & Conflict The Houthi rebels have claimed that they struck an Aramco distribution facility this week in Jeddah. Energy Ministry sources said there was a fire at the North Petroleum Products Distribution Station as a result of the attack, and satellite photos support...Continue Reading
Gold Crashes Below $1,800 | OilPrice.com Safehaven.com Safehaven.com is one of the most established finance and news sites in the world, providing insight into the most important sectors in the business and… More Info Premium Content By Safehaven.com – Nov 27, 2020, 11:00 AM CST This year has been proving to be a gold speculator...Continue Reading
Pemex Prepares For 2021 Oil Pirce Hedge | 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 – Nov 27, 2020, 10:30 AM CST Mexico’s state oil company Pemex is preparing to launch its 2021...Continue Reading
British Military Sent On Secret Mission To Protect Saudi Oilfields | 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 – Nov 27, 2020, 10:00 AM CST The United Kingdom has had troops...Continue Reading