Oil rebounded from one of its biggest ever daily drops as traders assessed the risks to global demand from the Omicron variant of Covid-19 and the potential response by OPEC and its allies. SourceContinue Reading

The Geopolitical Game That Could Transform Gas Markets | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Nov 28, 2021, 6:00 PM CST An apparent detente between...Continue Reading

3 Chip Stocks To Watch As The Semiconductor Shortage Worsens | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 28, 2021, 4:00 PM CST A global shortage in semiconductor chips has been wreaking havoc on the tech sector, automotive industry,...Continue Reading

Biden’s Blunder Could Send Oil Prices To $100 | 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 – Nov 28, 2021, 12:00 PM CST Oil prices may have crashed below $70 on Friday due...Continue Reading

Norway’s Oil Boom Is Only Just Beginning  | 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 – Nov 28, 2021, 10:00 AM CST Norway’s revenues from oil and gas...Continue Reading

The Biden administration on Friday issued a long-awaited blueprint for overhauling oil and gas development on federal lands that includes boosting royalty rates despite high gasoline prices that have spurred demands to accelerate domestic production. SourceContinue Reading

Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the temperature starts to drop. SourceContinue Reading

Americans will see prices at the pump fall “before long,” President Joe Biden said after tapping U.S. oil reserves to ease price pressures and risk a feud with OPEC. SourceContinue Reading

The oil producers’ group OPEC+ will likely take a cautious stance when deciding this coming week whether to go ahead with planned output increases after the emergence of a new coronavirus variant sent crude prices tumbling, according to Vitol Group. SourceContinue Reading

Enbridge Inc.’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts was rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their crude. SourceContinue Reading