By Editorial Dept – May 17, 2024, 9:30 AM CDT OPEC+ is once again grappling with familiar challenges: some of its members are eager to increase crude oil production after a prolonged period of restraint. Historically, OPEC has maintained that its primary mission is to balance global supply and demand, not to directly influence prices....Continue Reading
Republicans Pressure Biden to Deliver Weapons to Israel | OilPrice.com Premium Content By Editorial Dept – May 17, 2024, 9:30 AM CDT Politics, Geopolitics & Conflict The US House of Representatives (Republican-led) has now passed a bill to force Biden to deliver weapons to Israel after he postponed bomb shipments to force Netanyahu’s hand over...Continue Reading
Easing Inflation Sparks Bullish Sentiment in Oil Markets | OilPrice.com Premium Content By Editorial Dept – May 17, 2024, 9:30 AM CDT US Job Market and Fed Rate Expectations Crude prices edged up on Thursday after data showed a stabilizing U.S. job market, fueling expectations that the Federal Reserve could begin cutting interest rates by...Continue Reading
A Coal Stock Worth Buying? | OilPrice.com Premium Content By Martin Tillier – May 17, 2024, 9:00 AM CDT Readers may have noticed that I don’t often write about coal stocks. That is because I try my best to be positive, and coal is a hard subject on which to be that way. It is...Continue Reading
Russia and China Expect to Sign a Deal for Power of Siberia 2 Pipeline Soon | 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 – May 17, 2024, 9:00 AM CDT Russia...Continue Reading
Oil Prices Remain Rangebound but a Breakout May Be Coming | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – May 17, 2024, 9:00 AM CDT Oil prices have remained rangebound this month, but falling inventories and a slowdown in U.S. inflation...Continue Reading
The EV Charging Business of Utility Giant Engie Is Bleeding Cash | 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 – May 17, 2024, 8:05 AM CDT EV Box, the electric vehicle...Continue Reading
World’s Top Sovereign Wealth Fund Seeks More Climate Disclosure From Shell | 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 – May 17, 2024, 6:15 AM CDT Norway’s $1.66-trillion sovereign wealth fund,...Continue Reading
Trump Presidency Could Jeopardize $1 Trillion in Clean Energy Investments | 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 – May 17, 2024, 5:13 AM CDT The United States could see a...Continue Reading
Suriname Oil Discoveries Hit 2.4 Billion Barrels | 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 – May 17, 2024, 3:34 AM CDT Crude oil discoveries in Suriname have opened access to some 2.4...Continue Reading
