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
Russia’s Natural Gas Exports To Europe Have Slumped This Month | 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 – May 15, 2023, 8:17 AM CDT Russia’s natural gas exports via pipeline...Continue Reading
Nationalized German Energy Firms Paid Big Bonuses To Their Traders | 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, 6:27 AM CDT Uniper and Sefe, two energy firms...Continue Reading
ONEOK And Magellan Merger To Create $60-Billion Pipeline Giant | 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, 4:00 AM CDT ONEOK will buy Magellan Midstream Partners in...Continue Reading
Turkey’s Next President To Be Elected In Runoff | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 15, 2023, 2:57 AM CDT Turkey’s incumbent president Recep Tayyip Erdogan failed to secure 50% of the votes in yesterday’s election, heading for a runoff with closest rival...Continue Reading
Oil Prices Sink As Economic Concerns Continue To Dominate Markets | 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 – May 15, 2023, 2:22 AM CDT Oil prices started the week lower once again,...Continue Reading
Newcrest Agrees To Newmont’s $17.8 Billion Takeover Bid | 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 – May 15, 2023, 1:06 AM CDT Australian copper mining major Newcrest has decided to back an...Continue Reading
Venezuela Plans To Issue LNG Export Licenses To European Majors | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 15, 2023, 8:30 AM CDT Venezuela is planning to issue in June export licenses to European majors Eni and Repsol to ship liquefied natural gas (LNG)...Continue Reading
