U.S. Wind Capacity Additions Set To Surge To Record In 2020 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 12, 2020, 1:00 PM CST The United States is on course to see record-breaking 23 gigawatts (GW) of wind turbine capacity additions this year, smashing...Continue Reading

Australia-China Spat Threatens LNG Deal | 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 12, 2020, 12:30 PM CST A sharp worsening in relations between Australia and China could threaten a deal...Continue Reading

Lockdowns Hit Supplies For Biofuels | 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 12, 2020, 12:00 PM CST Lockdowns, curfews, and fewer people eating out due to the coronavirus...Continue Reading

African Oil Producers Face Slump In Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 12, 2020, 11:30 AM CST The five largest producers of crude oil in Africa face a combined production decline of 19 percent as a result of the pandemic’s effect...Continue Reading

EIA Sees WTI Crude Averaging $44 In 2021 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 12, 2020, 11:00 AM CST WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO),...Continue Reading

Record-Breaking Hurricane Season Took Major Toll On Gulf Of Mexico Production | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Related News By ZeroHedge – Nov 12, 2020, 10:30 AM CST On Thursday morning, Tropical Storm Eta made landfall over North Florida and has become the 12th named...Continue Reading

The impending phaseout of the full value of the U.S. production tax credit at the end of 2020 is leading to more capacity additions than average this year, just as previous tax credit reductions led to significant wind capacity additions in 2012 and 2019. SourceContinue Reading

Saudi Arabia and Russia, leaders of the 23-nation coalition, have already indicated publicly that they are thinking twice about easing production cuts in January as the resurgent pandemic hits fuel demand. The presidents of both Russia and the OPEC countries have even mentioned the option of cutting production deeper. SourceContinue Reading

Growing Crude Inventories Put A Cap On 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 – Nov 12, 2020, 10:00 AM CST Crude oil prices fell today after the Energy Information...Continue Reading

Ghana Tells Eni To Merge Oil Field With Local Discovery | 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 12, 2020, 9:30 AM CST Ghana has told Italy’s Eni to merge its...Continue Reading