Commenting on the passage of the bill, American Petroleum Institute President and CEO Mike Sommers said “At a time when energy prices have risen alongside broader economy-wide inflation, the House reconciliation bill would only exacerbate the challenges facing Americans.” SourceContinue Reading

Texas Grid Still Vulnerable To Blackouts | 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 19, 2021, 10:00 AM CST The Texas grid remains vulnerable to blackouts in case of a repeat...Continue Reading

OPEC+ Pumped Less Oil Than Agreed In October | 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 Related News By Tsvetana Paraskova – Nov 19, 2021, 9:30 AM CST The OPEC+ group’s compliance rate with the oil...Continue Reading

Oil Prices Tank On Renewed COVID Panic | 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 19, 2021, 9:00 AM CST Austria announced on Friday it would impose a full...Continue Reading

The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks, according to Goldman Sachs Group Inc. SourceContinue Reading

Baker Hughes has been awarded two contracts from ADNOC this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates. SourceContinue Reading

Goldman: Concerted Release Of Petroleum Reserve Won’t Move Oil Prices Much | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 19, 2021, 8:30 AM CST The oil market has already priced in the concerted release of crude oil from national reserves The U.S. is expected...Continue Reading

How A Biden SPR Release Will Send Oil Prices Even Higher In 2022 | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Nov 18, 2021, 8:00 PM CST Goldman Sachs strategist Courvalin: A possible U.S. SPR release has now been fully priced in...Continue Reading

The Energy Transition Will Be Impossible Without Fossil Fuels | 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 18, 2021, 7:00 PM CST OPEC members and...Continue Reading

Is Lithium The Best Bet On A Overheated EV Market? | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Nov 18, 2021, 6:00 PM CST Wall Street is raising serious concerns about sky-high valuations of EV-makers Lithium markets have...Continue Reading