National Gasoline Prices Fall Below $3 Per Gallon | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Dec 09, 2024, 1:30 PM CST The U.S. national average price of gasoline has fallen below $3 per gallon for the first time in...Continue Reading
According to data published by the United Nations Statistics Division, China accounted for 31 percent of global manufacturing output in 2022. As Statista’s Felix Richter shows in the chart below, that puts the country almost 15 percentage points ahead of second-placed United States, which used to have the world’s largest manufacturing sector until China overtook...Continue Reading
Kuwait’s Economy Struggles as Oil Production Cuts Persist | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Dec 09, 2024, 12:30 PM CST The International Monetary Fund (IMF) has predicted that Kuwait’s economy will remain in a recession due...Continue Reading
DNO ASA, the Norwegian oil and gas operator, today announced that its operated Trym field in the Norwegian North Sea is back on production after a five-year shutdown during which TotalEnergies redeveloped the Tyra field infrastructure. SourceContinue Reading
California’s fuel market, where gasoline prices have been consistently higher than the national U.S. average, has seen multiplying challenges in recent years, which resulted in new state legislation and an announcement of a refinery closure in October, the Energy Information Administration (EIA) said in an analysis on Monday. As of December 9, the average U.S....Continue Reading
Explosion at Eni Fuel Depot Near Florence Kills Two and Injures Nine | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2024, 10:30 AM CST An explosion and fire at a fuel depot owned by energy major Eni near Florence, Italy, killed on Monday...Continue Reading
SLB has announced the launch of Neuro™ autonomous geosteering, a tool designed to dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations. SourceContinue Reading
Oil prices climbed by more than 1% on Monday after China unveiled plans to adopt its first loosened monetary policy stance since 2010 as it looks to boost economic growth. Brent crude for February delivery was up 1.52% to trade at $72.21 per barrel at 10.00 am ET while the WTI crude January contract gained...Continue Reading
Germany’s Power Prices Rise as Market Tightens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2024, 9:30 AM CST Germany’s power margin, the available electricity supply to meet demand, is set to drop this week to the lowest level so far this winter,...Continue Reading
The 2024 China-Africa Think Tank Energy Forum recently convened in Chad’s capital, N’Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities. SourceContinue Reading
