U.S. Drilling Activity Slips Further As Oil Prices Rise | 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 Premium Content By Julianne Geiger – Apr 05, 2024, 12:12 PM CDT The total number of active drilling rigs for...Continue Reading
Musk Lashes Out at Reuters for “Lies” Over Inexpensive EV | 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 Premium Content By Julianne Geiger – Apr 05, 2024, 11:00 AM CDT Reuters reported on Friday that Tesla has...Continue Reading
Is $100 Oil Within Reach? | OilPrice.com Premium Content By Editorial Dept – Apr 05, 2024, 10:00 AM CDT A few weeks ago, when WTI crude was trading just below $80, I wrote here that I was about to break with my usual, contrarian trading style and establish a long-term long position in oil after...Continue Reading
U.S. Drivers Feeling the Pinch at the Pump as Gas Prices Soar | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Apr 05, 2024, 10:00 AM CDT The national average gas price has hit $3.57 per gallon, up from $3.10 at the start...Continue Reading
Argentina’s President Is Going to War With Its Oil Provinces | OilPrice.com Premium Content By Editorial Dept – Apr 05, 2024, 10:00 AM CDT What happens when Argentina’s oil provinces cut off supplies amid a head-to-head battle with the country’s new libertarian president, Javier Milei, who has approached his mandate with a guns-blazing attitude and...Continue Reading
Tensions Between Israel and Iran Soar | OilPrice.com Premium Content By Editorial Dept – Apr 05, 2024, 10:00 AM CDT Politics, Geopolitics & Conflict Israel has shored up its defenses in anticipation of a direct response from Iran following the Israel leveling of the Iranian consulate in Damascus, Syria. Two Iranian generals were killed in...Continue Reading
OPEC+ Is Still Struggling With Production Cut Compliance | OilPrice.com Premium Content By Editorial Dept – Apr 05, 2024, 10:00 AM CDT 1. OPEC+ Sticks to Course as Focus Shifts to Overproducers – The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production targets, pushing back against increasing calls for a...Continue Reading
Oil Prices Surge as Geopolitical Risk Rises | OilPrice.com Premium Content By Editorial Dept – Apr 05, 2024, 10:00 AM CDT Oil Prices Surge WTI crude oil’s current bullish trend, closely following Brent crude’s movements, has placed it at a crucial point for traders. This trend, driven by a mix of geopolitical tensions and economic...Continue Reading
UAE Sends Medium Sour Crude to Local Refinery Instead of Exporting It | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 05, 2024, 9:30 AM CDT Abu Dhabi National Oil Company (ADNOC) has been sending medium sour grade Upper Zakum for processing at a local...Continue Reading
Brent Breaks Above $91 as Bullish Sentiment Builds | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Apr 05, 2024, 9:00 AM CDT Oil prices rallied this week as geopolitical risk and supply issues added to bullish sentiment, although concern that...Continue Reading