Iran Seizes Third Oil Tanker As U.S. Boosts Military Presence | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – May 15, 2023, 2:30 PM CDT Iran has seized yet another oil tanker bringing the tally to three tankers seized in the...Continue Reading

Two Charts That Explain U.S. Energy Independence | OilPrice.com Premium Content By Robert Rapier – May 15, 2023, 2:00 PM CDT The claim that the U.S. is energy independent is true based on a definition that involves the country producing more energy than its needs. As the first graph below shows, the U.S. was not...Continue Reading

Global Platinum Shortage Set To Worsen | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 15, 2023, 1:00 PM CDT The global shortage of platinum is set to worsen in the coming quarters, resulting in one of the most significant deficits in...Continue Reading

Oil Prices Rise As Canada Wildfires Rage On | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – May 15, 2023, 12:00 PM CDT Crude oil prices were trading up 1.5% on Monday...Continue Reading

European Commission President Says Fossil Fuel-Centric Growth Is Dead | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 15, 2023, 11:30 AM CDT Economic growth cannot be carried by a fossil...Continue Reading

Is The Next Commodity Super-Cycle Right Around The Corner? | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 15, 2023, 11:00 AM CDT Historically, lows in the ratio of commodities to equities have corresponded with the beginning of new commodity supercycles. A...Continue Reading

EU Lawmakers Seek Revenue Cap On Power Firms If Energy Prices Soar | 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 Related News By Tsvetana Paraskova – May 15, 2023, 10:30 AM CDT The European Parliament is...Continue Reading

According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in natural gas prices over a nine-month period.  Baker Hughes reported Friday that exploration companies reduced rigs by 16 to 141 this week....Continue Reading

U.S. Gasoline Prices Are Set For A Significant Decline  | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 15, 2023, 9:30 AM CDT Gasoline prices in the U.S. ticked higher today, according to the AAA, though overall, national averages are down by around $1 from...Continue Reading

Russia’s Crude Oil Exports By Sea Continue To Climb | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 15, 2023, 9:00 AM CDT Russia’s seaborne crude oil exports rose to a new high in the four weeks to May 12th, hitting 3.6 million bpd. Nearly...Continue Reading