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Mexico Halts AMLO’s Push For State Controlled Electricity MarketMexico Halts AMLO’s Push For State Controlled Electricity Market | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 04, 2021, 9:30 AM CST The Supreme Court of Mexico ruled against proposed changes to how the country’s electricity...
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Shell’s Profits Plunge 87% In 2020 | 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 – Feb 04, 2021, 9:00 AM CST Anglo-Dutch supermajor Shell reported a profit of 4.85 billion for 2020, down...
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State oil producer Saudi Aramco raised prices for all crude oil grades sold to customers in the U.S. and Europe. Source
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Maersk Drilling has received a conditional letter of award from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana. Source
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Crude inventories at a key storage hub in the U.S. are now below their five-year average, and nationwide inventories continue to slump, an early indication that Saudi Arabia and allied producers are succeeding in their efforts to eliminate a glut. Source
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By David Messler – Feb 03, 2021, 7:00 PM CST Introduction This week we hit some milestones in the year-long recovery from the oil demand crash of 2020. West Texas Intermediate, (WTI) hit and moved past the $55.00 level, and Brent moved closer to $60. These are some important psychological barriers for the market, and...
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These Stocks Could Soar As The U.S.-China Electric Vehicle War Heats Up | OilPrice.com Premium Content By Kim Lau – Feb 03, 2021, 6:30 PM CST Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the...
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U.S. Oil Production On Course To Hit Record Levels In 2023 | 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 – Feb 03, 2021, 6:30 PM CST U.S. oil production fell sharply in...
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The Single Biggest Threat To Big Oil | 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 – Feb 03, 2021, 6:00 PM CST About a week ago, alternative energy plays scored crucial wins seemingly at the expense of the oil...
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Understanding The True Cost Of Net Zero Emissions | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Feb 03, 2021, 5:30 PM CST The journey to net-zero emissions will have a cost for everyone, and policymakers should clearly explain this to...
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