By Editorial Dept – Jun 21, 2024, 7:00 AM CDT While Putin was hoping his visit to Kim Jun-Il and a timely defense pact with North Korea would create more of a fuss in the media, center stage has been consumed by Israel and Lebanon, on the brink of war, or so is the fear. ...Continue Reading

Why The IEA’s “Peak Oil” Forecast May Be Good for Energy Investors | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT This week, the International Energy Agency (IEA) issued a report predicting that “peak oil” the all time high point in oil demand, will come as soon as 2029. My...Continue Reading

A Powerful Family Army Is Forming in Eastern Libya | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT Politics, Geopolitics & Conflict The Sudanese government has accused the UAE of supplying weapons to the rival paramilitary force with whom the government has been engaged in a bloody civil war for...Continue Reading

Oil Prices Climb Out of Contango as Summer Demand Kicks In | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT 1. Summer Demand Finally Kicks In, Lifting Oil Prices Out of Contango – The summer rally of the oil markets might finally materialize as ICE Brent crept up to $85...Continue Reading

Oil Prices Surge on Falling Inventories and Rising Geopolitical Tensions | OilPrice.com Premium Content By Editorial Dept – Jun 21, 2024, 7:00 AM CDT Oil futures have surged sharply this week, driven by a significant draw in U.S. crude inventories and signs of a cooling job market that have fueled hopes of a potential Federal...Continue Reading

Europe’s Negative Power Prices Highlight the Need for Energy Storage Investment | 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 – Jun 21, 2024, 6:00 AM CDT European wholesale electricity markets have...Continue Reading

Eastern Australia at Risk of Imminent Natural Gas Shortages | 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 – Jun 21, 2024, 5:00 AM CDT Australia’s east coast faces natural gas shortages...Continue Reading

Canada Oil Group Removes Energy Transition Content Amid Greenwashing Push | 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 – Jun 21, 2024, 4:00 AM CDT A Canadian oil industry association has removed all...Continue Reading

Chevron-Hess Merger Stalls on Arbitration Issues | 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 – Jun 21, 2024, 2:30 AM CDT The merger between Chevron and Hess Corp. may be delayed until next...Continue Reading

Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall | 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 – Jun 21, 2024, 1:19 AM CDT Crude oil prices...Continue Reading