Saudi Arabia Angers Asian Buyers As It Hikes 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 – Apr 05, 2021, 10:00 AM CDT Saudi Arabia has hiked its crude oil prices...Continue Reading
Suez Canal Traffic Jam Clears | 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 05, 2021, 9:30 AM CDT The backlog of ships in the Suez Canal has been cleared following the...Continue Reading
U.S. Oil Dips Below $60 On Renewed Demand Concerns | 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 05, 2021, 9:00 AM CDT Oil prices dropped early on Monday, as...Continue Reading
Imports jumped 5.8% in March from a year earlier, the biggest increase since March 2020. Demand for the fuel used in heating and power generation had been steadily growing before Covid-19, as nations shift away from coal-fired power over climate concerns. SourceContinue Reading
Crude has rallied this year as vaccine rollouts help major economies reopen. The decision by the Organization of Petroleum Exporting Countries and its allies was seen as a vote of confidence in the outlook for energy demand. The U.S. also added more than 900,000 jobs in March, the most in seven months. SourceContinue Reading
French oil major Total SE must continue to produce gas in Myanmar and pay taxes to the military junta to protect staff from forced labor and maintain electricity supplies, Chief Executive Patrick Pouyanne said in an op-ed in Le Journal du Dimanche newspaper. SourceContinue Reading
The Future is Electric: Why EV Stocks Could Continue To Soar In 2021 | OilPrice.com Premium Content By Max Gibson – Apr 04, 2021, 8:00 PM CDT While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything. And it could happen much sooner than most...Continue Reading
Forget OPEC Production Cuts, It’s Exports That Matter | 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 – Apr 04, 2021, 6:00 PM CDT Oil prices went on a rollercoaster ride this week ahead...Continue Reading
World’s Largest Lithium Producer: Get Ready For A Mega-Rally | 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 – Apr 04, 2021, 4:00 PM CDT Several months ago, Chile’s second-largest lithium producer, Albemarle Corp. (NYSE:ALB), warned that global supplies of...Continue Reading
An estimated 10,000 people fleeing an insurgent attack in northern Mozambique have sought refuge in a village within the concession area of Total SE’s $20 billion natural gas project, with more still arriving, according to two people with direct knowledge. SourceContinue Reading