Saudi Aramco Hikes Oil Prices To Asia For Second Consecutive Month | 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 – Aug 04, 2021, 11:00 AM CDT The world’s largest oil exporter,...Continue Reading

The high-performing electric frac solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network. SourceContinue Reading

Donut Makers Urge Biden To Change Biofuel Policy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 04, 2021, 10:30 AM CDT The American Bakers Association (ABA) is lobbying with the Biden Administration to lower or at least halt the rising mandates for biofuel blending...Continue Reading

Surprise Crude Inventory Build Forces Oil Prices Lower | 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 – Aug 04, 2021, 9:40 AM CDT Crude oil prices moved lower today after the Energy Information...Continue Reading

Oil Tanker Seized In Gulf of Oman, Ordered To Sail To Iran | 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 – Aug 04, 2021, 9:30 AM CDT A tanker carrying bitumen has been...Continue Reading

West Texas Intermediate futures slumped 1.9%, after retreating 4.6% in the previous two sessions. The delta strain of Covid-19 has been detected in almost half of China’s 32 provinces in just two weeks, and at least 46 cities have advised residents not to travel unless strictly necessary. SourceContinue Reading

Oil Prices Slide For Third Day In A Row On Delta Fears | 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 – Aug 04, 2021, 8:30 AM CDT Oil prices fell for...Continue Reading

Benchmark U.S. oil futures have advanced 45% this year and at that pace are on track for the biggest annual increase since 2016. In returning so much cash to shareholders, shale drillers are showing they will pass on gains from higher crude prices rather than use them to increase production. SourceContinue Reading

“One of the negatives of this quarter has been some horrible hedging; guys locked in at $42 a barrel,” Paul Sankey, the veteran oil-industry analyst and founder of Sankey Research LLC. SourceContinue Reading

Petroleos Mexicanos is measuring crude production at a warmer temperature than government regulators, inadvertently inflating the oil giant’s output figures, according to people familiar with the practice. SourceContinue Reading