Oil Dips As Consuming Nations Mull Strategic Reserve Releases | 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 18, 2021, 10:00 AM CST Oil prices ignored a bullish EIA inventory...Continue Reading
In its November Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that rising production from OPEC+ countries and the United States will lead to global liquid fuels inventories increasing and crude oil prices falling in 2022. SourceContinue Reading
Biden Calls On FTC To Investigate Oil Companies And High Gas Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 18, 2021, 9:30 AM CST President Joe Biden has asked the Federal Trade Commission to investigate the possibility of oil companies’ involvement in price...Continue Reading
China Prepares To Release Oil From Strategic Reserve | 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 18, 2021, 9:00 AM CST Reuters: China is preparing to release crude oil from its...Continue Reading
Some U.S. lawmakers are seizing on the energy price surge to revive long-standing legislation that would subject the OPEC oil cartel to the same antitrust laws used more than century ago to break up Standard Oil’s monopoly. SourceContinue Reading
China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil consumers are willing to work together to keep a lid on energy costs. SourceContinue Reading
Exxon Mobil Corp. submitted bids for 94 drilling leases in shallow waters near the Texas coastline, an apparent step forward for a giant proposed carbon-capture project close to Houston’s industrial corridor. SourceContinue Reading
Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S. cargoes to the region boosts demand for ships. SourceContinue Reading
Oil edged up after the Energy Information Administration said the impact of a potential release from U.S. emergency crude reserves would only be short-lived. SourceContinue Reading
Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive. SourceContinue Reading
