Oil crashed more than 10% in both London and New York as a new coronavirus strain sparked fears that renewed lockdowns will threaten the global recovery in demand. SourceContinue Reading
Oil Prices Crash On New Covid Fears | OilPrice.com Premium Content By Editorial Dept – Nov 26, 2021, 11:05 AM CST U.S. West Texas Intermediate crude oil futures plunged on Friday as the discovery of a new and possibly vaccine-resistant coronavirus variant spooked investors, raising concerns over potential demand destruction and adding to worries that...Continue Reading
Aramco And Reliance Industries Scrap $15 Billion Refinery Deal | 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 26, 2021, 11:00 AM CST Aramco and Reliance Industries have called off a $15...Continue Reading
Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 26, 2021, 9:30 AM CST Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of...Continue Reading
The IEA Lashes Out At OPEC As A New Oil Price War Looms | 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 26, 2021, 9:00 AM CST The head of the International...Continue Reading
President Joe Biden wants Americans to dramatically scale back their use of gasoline. And he wants that fuel to be as cheap as he can get it. If you sense a contradiction there, you’re hardly alone. SourceContinue Reading
5 Trillion Reasons To Be Bullish On Tesla | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 25, 2021, 7:00 PM CST In the latest EV sector report, the EV kingpin, Tesla Inc. (NASDAQ:TSLA), has cemented its credentials as one of the few electric vehicle...Continue Reading
Asia Is Facing A Long-Tern Natural Gas Crunch | 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 – Nov 25, 2021, 6:00 PM CST Asia has seen a run in natural gas...Continue Reading
The EV Industry Is Desperate For New Lithium Supply | 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 25, 2021, 4:00 PM CST Lithium is once again rallying as automakers go all-in...Continue Reading