Will OPEC+ Extend Oil Production Cuts? | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 06, 2024, 3:00 PM CDT OPEC+ is likely to extend production cuts in June due to stable inventories and prices. OPEC+ may rescind some previous cuts to...Continue Reading
New EPA Regulations on Fossil Fuel Emissions Could Lead to Power Shortages | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 06, 2024, 2:00 PM CDT The EPA’s carbon capture mandates aim to reduce emissions but could lead to electricity rationing and...Continue Reading
Steel Producers Make Major Move to Improve Market Transparency | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – May 06, 2024, 1:00 PM CDT Nucor and Cliffs...Continue Reading
Shell To Exit Downstream South Africa Assets | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 06, 2024, 12:30 PM CDT Shell is preparing to divest from downstream operations in South Africa as a result of an internal portfolio review, Shell said in a statement...Continue Reading
U.S. Continues to Tighten Grip on Russia’s Military and Industrial Sectors | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – May 06, 2024, 12:00 PM CDT The...Continue Reading
One of the recent positives for bonds and non-energy stocks could have run its course after Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, according to Bloomberg markets live reporter Garfield Reynolds Over the weekend, state-owned Saudi Aramco raised the June official selling price of Arab Light crude for customers in Asia by...Continue Reading
Belgium’s Ports Are Brimming With Unsold Chinese EVs | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 06, 2024, 11:00 AM CDT Ten years ago this week, we posted one of out most viral stories, highlighting the over-capacity in the auto industry: “Where the...Continue Reading
Saudi Aramco in Talks to Buy Shell Gas Stations in Malaysia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 06, 2024, 10:30 AM CDT Four unnamed sources have told Reuters that Saudi state-run oil giant Aramco is in talks to potentially acquire Shell’s billion-dollar...Continue Reading
Biden Administration Bans Fossil Fuels in Federal Buildings | OilPrice.com Premium Content By Robert Rapier – May 06, 2024, 10:00 AM CDT The rule, mandated by the Energy Independence and Security Act of 2007, requires federal buildings to phase out fossil fuel usage by 2030. The focus is on transitioning to cleaner electricity sources like...Continue Reading
ADNOC Terminates Talks to Buy Into Brazilian Petrochemicals Firm | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 06, 2024, 9:30 AM CDT The Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a stake in Brazil’s petrochemicals company Braskem from its controlling...Continue Reading
