India Oil Demand Falls For First Time In 20 Years Due To COVID | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 11, 2021, 9:00 AM CST India’s crude oil demand last year fell for the first time in more than 20 years because of...Continue Reading
A cold snap across Spain is expected to last through mid-January has resulted in natural gas prices more than doubling in the last week, according to Bloomberg. LNG prices trading at Spain’s Punto Virtual de Balance (PVB) gas trading hub hit a record 51.55 euros ($63.13) a megawatt-hour this week, or $18.54 per million British thermal units...Continue Reading
The Houthis are backed by Iran in Yemen’s civil war and have been blamed for several missile strikes and other attacks on Saudi Arabia, some of which they’ve claimed responsibility for. SourceContinue Reading
How U.S. Shale Upended Global Crude Flows | 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 – Jan 10, 2021, 7:00 PM CST The U.S. removed the ban on American crude oil...Continue Reading
3 Electric Vehicle Stocks That Could Boom In 2021 | OilPrice.com Premium Content By Nick Shaw – Jan 10, 2021, 6:30 PM CST There’s no denying that 2020 was an incredible year for electric vehicles… And Elon Musk was the man of the hour. Never in the history of wealth accumulation has anyone shot up...Continue Reading
Is This The Most Exciting Oil Play Of The Decade? | OilPrice.com By Jeff Black – Jan 10, 2021, 6:00 PM CST The last great oil discovery onshore could unfold in the next few weeks, and it’s been hiding right under the noses of the supermajors. It’s all because of a treasure trove of government-held...Continue Reading
The prince’s plan to diversify the economy of the world’s largest crude exporter spans more than 10,000 square miles in a remote area of Saudi Arabia’s northwest. It’s described on its website as “a bold and audacious dream” that will become a hub for new technologies and businesses. SourceContinue Reading
How Will Biden’s Presidency Impact South America’s Oil Boom? | 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 – Jan 10, 2021, 4:00 PM CST Much has been...Continue Reading
The second-largest OPEC member, Iraq increased Basrah Light crude to buyers in Asia by 70 cents a barrel, to a $1.10 premium over the regional benchmark, according to a price list from the state oil marketer. SourceContinue Reading
Government-owned Abu Dhabi National Oil Co. set Murban crude at a premium of 75 cents a barrel to the regional benchmark, according to a notice from the producer. SourceContinue Reading