American consumers can expect a small break in gasoline prices from President Joe Biden’s decision to tap the nation’s oil reserves, though the move risks falling short for voters already bristling at his handling of the highest rate of inflation in decades. SourceContinue Reading
The pace of oil and gas drilling in Canada next year will exceed levels seen before the pandemic as producers ride the global energy rally, an industry group said. SourceContinue Reading
President Joe Biden’s effort to tame pump prices by tapping government oil stockpiles could backfire for one simple reason: American gasoline prices more closely track international, rather than U.S., oil benchmarks. SourceContinue Reading
Keystone XL Developer Seeks $15 Billion In Compensation | 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 Related News By Irina Slav – Nov 23, 2021, 4:30 PM CST TC Energy Group, the company that was developing the Keystone...Continue Reading
JPMorgan: $80 Oil Is ‘Remarkably Cheap’ | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 23, 2021, 4:00 PM CST Oil prices are cheap compared to record highs of other assets including stocks and other commodities, JPMorgan Chase says. Brent Crude was trading at around...Continue Reading
Crude Oil Inventory Build Follows Announcement Of SPR Release | 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 – Nov 23, 2021, 3:51 PM CST The American Petroleum Institute (API) reported an inventory...Continue Reading
Russia’s Lukoil Looks To Drill This 12 Billion Barrel Iraqi Oil Field | 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 – Nov 23, 2021, 3:00 PM CST...Continue Reading
Kazakh-Chinese Nuclear Fuel Plant Kicks Off Operations | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Related News By Eurasianet – Nov 23, 2021, 2:30 PM CST A fuel assemblies plant heralding a new...Continue Reading
Biden’s Bid To Lower Oil Prices Fails | 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 – Nov 23, 2021, 2:00 PM CST Reader Alert: From now until Thanksgiving, your donations to food baskets will be...Continue Reading
European natural gas prices could surge as new reports indicate Gazprom will halt all natural gas flows to Moldova, an Eastern European country, in 48 hours over non-payment for its gas consumption. The news follows Germany’s energy regulator, which suspended the approval process for the Nord Stream 2 pipeline last week. Russian President Vladimir Putin continues to...Continue Reading
