1. Spending on electricity surpassed fuels – For the first time since 1960, U.S. consumers spent more on electricity than they did on gasoline and other fuels. – The shift is the result of the plunge in spending on fuel (from reduced mobility) and a sharp increase in spending on electricity. – In April, Americans...Continue Reading

Norway’s Oil Worker Strike Could Take 330,000 Boepd Off The Market | 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 – Oct 02, 2020, 11:00 AM CDT Around 330,000 barrels of oil...Continue Reading

Vietnam Approves Exxon’s $5-Billion LNG-To-Power Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 02, 2020, 10:30 AM CDT The port city of Hai Phong in Vietnam has approved a liquefied natural gas (LNG) project for power generation, expected to be developed by U.S....Continue Reading

U.S., UAE And Israel Agree On Joint Energy Strategy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 02, 2020, 10:00 AM CDT The United States, the UAE, and Israel will pursue a joint energy strategy as a means to improve the security of the...Continue Reading

Russian Oil Production Tops OPEC+ Quota In September | 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 – Oct 02, 2020, 9:30 AM CDT Russia produced an average of 9.93 million bpd of crude...Continue Reading