Venezuela’s economy is forecast to expand at its fastest pace in 15 years, marking a rebound for a country that recently emerged from the deepest recession in Latin America. SourceContinue Reading
It may not be quite throwing caution to the winds, but the prospect of hefty profits and supply that may not stretch to meet consumer demand is enticing U.S. refiners to run at a 21-month high, testing equipment limits to sustain high rates without breakdowns. SourceContinue Reading
Through the agreement, Longboat farmed-in to two near-term, gas weighted exploration prospects on the Norwegian Continental Shelf targeting combined gross unrisked mean prospective resources of 223 mmboe1. SourceContinue Reading
Oil Should Stay In Triple Digits: Analyst | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jul 01, 2022, 2:30 PM CDT Crude oil prices should stay in the triple digits, Kpler’s...Continue Reading
Supply Disruptions Drive Bullish Sentiment In Oil Markets | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jul 01, 2022, 2:00 PM CDT Bullish sentiment is once again building in oil markets as supply disruptions...Continue Reading
India has initiated a windfall tax on the country’s oil producers and oil refiners who are exporting more due to the high international price of crude oil and refined products, Reuters said on Friday. India’s windfall tax will be 23,250 rupees per ton on oil producers and 6 rupees per liter on gasoline and jet...Continue Reading
Mexican President Looks To Inaugurate Unfinished Refinery | OilPrice.com Latin America Energy Advisor The Inter-American Dialogue engages our network of global leaders to foster democratic governance, prosperity, and social equity in Latin America and the Caribbean. Together, we work… More Info Related News By Latin America Energy Advisor – Jul 01, 2022, 12:30 PM CDT Mexican...Continue Reading
U.S. Rig Count Slips | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Jul 01, 2022, 12:11 PM CDT The number of total active drilling rigs in the United States fell by...Continue Reading
Domestic Demand Helps Russian Oil Production To Rebound | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 01, 2022, 11:30 AM CDT The start of the summer driving season and favorable economics for Russian refiners have helped Russia’s oil production to rebound from the lows...Continue Reading
OPEC’s Oil Production Drops As Cartel Undershoots Target Again | 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 – Jul 01, 2022, 11:00 AM CDT OPEC’s crude oil production fell in June...Continue Reading
