India Is Shopping In The Americas To Cut Reliance On Middle East Oil | 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 – Mar 24, 2021, 3:30 PM CDT Indian refiners are...Continue Reading

Futures in New York jumped 5.9% on Wednesday, just about erasing the prior session’s price plunge that pushed futures to the lowest since early February. A U.S. inventory report showed domestic fuel consumption is at the highest in four months and Gulf Coast refiners are increasing their appetite for crude. SourceContinue Reading

Emissions from the Permian basin dropped 60% from March to April last year as oil producers shut in wells and cut back on new ones due to tumbling crude prices. But methane emissions are now back at pre-pandemic levels as drilling ramps up, according to the non-profit Environmental Defense Fund. SourceContinue Reading

The oil price needed to profitably drill a new well is $52 a barrel, executives from almost 100 producers said in the latest quarterly survey by the Federal Reserve Bank of Dallas. That’s an increase of 6%, compared with when the question was asked last year. To cover costs on existing wells, companies need $31,...Continue Reading

How Will We Pay for the Energy Transition? | 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 – Mar 24, 2021, 3:00 PM CDT Earlier this month, the International Renewable Energy Agency said the...Continue Reading

World’s Newest Oil Hotspot Undeterred By Poor Drilling Results | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Mar 24, 2021, 2:00 PM CDT After a series...Continue Reading

Oil Industry Hit Hard By New Travel Restrictions | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Mar 24, 2021, 1:00 PM CDT A slump in Europe’s travel...Continue Reading

UK Vows To Protect North Sea Oil Jobs | 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 – Mar 24, 2021, 12:30 PM CDT The UK government has vowed to protect up to 40,000...Continue Reading

Turkey Looks To Improve Energy Relations With Egypt | OilPrice.com Vanand Meliksetian Vanand Meliksetian has extended experience working in the energy sector. His involvement with the fossil fuel industry as well as renewables makes him an allrounder… More Info Premium Content By Vanand Meliksetian – Mar 24, 2021, 12:00 PM CDT Ever since the attempted...Continue Reading

Iran’s Oil Exports To Rise In March | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 24, 2021, 11:30 AM CDT Iran’s crude oil exports are rising this month compared to February and March last year, tanker tracker Petro-Logistics told Reuters on Tuesday. Last week,...Continue Reading