Oil Prices Leap Higher On Fresh Vaccine Hopes | 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 16, 2020, 8:30 AM CST Oil prices jumped by 4 percent early on...Continue Reading
Slumping profits have left Aramco unable to generate enough cash to fund the investor payouts, almost all of which go to the Saudi government, which in turn needs the money to plug a widening budget deficit. SourceContinue Reading
Moderna’s shot had efficacy of 94.5% in a preliminary analysis of a large late-stage clinical trial. It follows similar positive developments in a vaccination being jointly developed by Pfizer Inc. last week, buoying commodity prices globally. SourceContinue Reading
Crude prices have rallied to a 10-week high on hopes that Moderna, Pfizer Inc. and BioNTech SE’s breakthroughs could soon revive the economic activity that underpins fuel consumption. Nonetheless, the alliance of producers led by Saudi Arabia and Russia is discussing a delay of the supply boost they’d hoped to make in January. SourceContinue Reading
Blackrock and Fidelity Are Betting Big On This $130 Trillion Mega-Trend | OilPrice.com Premium Content By Sasha Kay – Nov 15, 2020, 6:05 PM CST This isn’t just a megatrend. It’s a movement in Big Money, and it’s the most profound redistribution of investment that the world’s biggest asset and wealth managers have recently seen. ...Continue Reading
25 Energy Stocks To Buy Or Sell After The Election | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Nov 15, 2020, 6:00 PM CST The current year has been a start-to-finish nightmare. Some pundits saw it coming thanks...Continue Reading
Why The Oil Industry Is Set To Thrive For Decades To Come | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Nov 15, 2020, 4:00 PM CST Modern...Continue Reading
China Is Rapidly Expanding Its Oil Resources In Africa | 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 – Nov 15, 2020, 2:00 PM CST China is making...Continue Reading
Brazil Is Emerging As The World’s Leading Offshore Oil Producer | OilPrice.com Premium Content By Editorial Dept – Nov 15, 2020, 12:00 PM CST Sharply weaker oil prices, the COVID-19 pandemic, and heightened geopolitical uncertainty have done little to blunt Brazil’s epic offshore oil boom. By September 2020 Brazil had soared to be the third-largest...Continue Reading
In Alaska, Michigan and Norway, partisans on the left and right are sparring in the courts to implement their vision for the future of energy. Operations from small shale plays to multi-billion-dollar offshore installations suddenly hang in the balance as the regulatory outlook becomes increasingly cloudy. SourceContinue Reading
