By Editorial Dept – Apr 02, 2021, 11:00 AM CDT I have spent nearly four decades in and around financial markets, and that experience has left me with certain habits and preconceptions. I am, for example, usually reluctant to take an obvious trade and would far rather take a contrarian stance on a well-hyped story....Continue Reading

By Editorial Dept – Apr 02, 2021, 11:00 AM CDT Geopolitics It’s the 11th hour for a true ceasefire in Yemen now as the world waits to see what Saudi Arabia will do next and the Houthis continue to apply pressure. Most recently, the Houthis claimed to have launched drone attacks on Riyadh, though there...Continue Reading

By Editorial Dept – Apr 02, 2021, 11:00 AM CDT 1. Renewables shift to accelerate – The shift towards renewable energy in the U.S. will accelerate over the next two to three years, according to an IEEFA analysis. – Solar and wind are the least cost option in most of the country. “Coal will be...Continue Reading

By Editorial Dept – Apr 02, 2021, 11:00 AM CDT U.S. West Texas Intermediate crude oil futures finished higher this week following some friendly news from OPEC+ on Thursday. The market was poised to finish the week lower until OPEC and its allies made an announcement that may have shook a few of the weaker...Continue Reading

Shale Giant Pioneer Buys Texas Oil Company For $6.4 Billion | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Apr 02, 2021, 11:00 AM CDT Pioneer Natural Resources has inked a deal to acquire energy independent DoublePoint Energy for a consideration of $6.4 billion, including the...Continue Reading

India Set To Review ‘Unfair’ Oil Import Contracts With Saudi Arabia | 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 – Apr 02, 2021, 10:30 AM CDT India continues its efforts to...Continue Reading

Saudi Crown Prince: Aramco Could Reduce Dividend | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Apr 02, 2021, 10:00 AM CDT Aramco could pay less than the originally planned $73.5 billion to its Saudi state shareholder in order to prioritize investments, Crown Prince Mohammed said...Continue Reading

EVs, Smart Appliances Pose Cybersecurity Risks | 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 – Apr 02, 2021, 9:30 AM CDT Electric vehicles and smart appliances, whose popularity among Americans is growing, pose...Continue Reading

Oil Rallies As OPEC+ Signals Confidence In Demand Recovery | 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 – Apr 02, 2021, 9:00 AM CDT Following hectic trade movements all day on...Continue Reading

Pioneer Natural Resources Co. is buying DoublePoint Energy LLC in a deal valued at $6.4 billion, less than three months after completing its purchase of fellow shale driller Parsley Energy Inc. as it expands in the U.S. Permian Basin. SourceContinue Reading