Lithium Prices Soar As Tesla, Apple And Google Fight For Supply | OilPrice.com By Jody Wilson – Feb 22, 2021, 6:00 PM CST The electric vehicle (EV) revolution is gaining serious momentum. According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026. The extraordinary demand...Continue Reading

Iran Doubles Down On Nuclear Ambitions As It Expands Oil Influence | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Feb 22, 2021, 5:00 PM CST Tehran’s...Continue Reading

Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts | 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 – Feb 22, 2021, 4:30 PM CST The leaders of...Continue Reading

Europe’s Rare Earth Dependency Dilemma | 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 – Feb 22, 2021, 4:00 PM CST Solar panels. Wind turbines. Electric vehicle batteries and motors. These are just four...Continue Reading

India’s Oil Imports From North America Break Another Record | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 22, 2021, 3:30 PM CST The United States and Canada accounted for 11 percent of India’s crude oil imports in January—a record-high share of North American crude...Continue Reading

A robust recovery in demand from the Covid-19 pandemic had pushed prices to the highest settlement in more than a year last Wednesday, and Goldman sees the rally accelerating as consumption outpaces supply from OPEC and shale. SourceContinue Reading

U.S. Shale’s Struggles Will Be Help OPEC Stabilize Oil Prices | 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 – Feb 22, 2021, 3:00 PM CST OPEC and its allies could find...Continue Reading

Hayal Ahmadzada, Socar’s chief trading officer, said the glut of excess oil stocks that built up in 2020 in response to the pandemic will be fully drawn down by the summer. At the same time, soaring prices for steel used in pipes, wells and fittings as well as the high cost of capital for producers...Continue Reading

Goldman Sachs Sees $75 Oil In Q3 2021 | 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 – Feb 22, 2021, 2:00 PM CST Goldman Sachs is now even more bullish on...Continue Reading

Proponents of expanded renewable forms of energy (and opponents of fossil fuel energy, including petroleum) have taken this catastrophe as an opportunity to demonize natural gas, suggesting that falling natural gas supplies were the primary source of the loss of power supply. SourceContinue Reading