Bearish Sentiment Is Dominating Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 15, 2024, 10:00 AM CST Bearish sentiment continued to dominate oil markets this week despite steep gasoline and diesel draws in the U.S. Friday, November 15th,...Continue Reading

Russian Refiners Cut Crude Processing as Hefty Losses Mount | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 15, 2024, 9:30 AM CST Russia’s refineries have started to reduce run rates and some consider shutting in operations, as the facilities are struggling with hefty losses...Continue Reading

Carbon Credit Dispute Overshadows Early Progress at COP29 | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Nov 15, 2024, 9:00 AM CST COP29 in Baku has been marked...Continue Reading

By Editorial Dept – Nov 15, 2024, 8:30 AM CST With the current transit contract for Russian gas through Ukraine expiring at the end of this year, it’s now a desperate scramble for Slovakia, Hungary, and (to a lesser extent) Austria to secure new deals for alternative gas, while the rest of the European Union...Continue Reading

China Could Lead Climate Fight if U.S. Drops Out | 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 – Nov 15, 2024, 8:30 AM CST China could become the leader of the...Continue Reading

The Strong Dollar Is Back and Weighing on Oil Prices | OilPrice.com Premium Content By Editorial Dept – Nov 15, 2024, 8:30 AM CST Crude oil prices fell 2.5% this week due to softening demand projections, a strong U.S. dollar, and rising supply expectations. Amid global economic uncertainty, reports from the U.S. Energy Information Administration...Continue Reading

Libya’s Fragile Peace Is Under Threat Again | OilPrice.com Premium Content By Editorial Dept – Nov 15, 2024, 8:30 AM CST Politics, Geopolitics & Conflict While foreign operators are returning to Libya with a renewed zeal and oil is again flowing, another protest this week highlights how fragile the situation is. Protesters on Tuesday shut...Continue Reading

Which Oil Companies Stand to Benefit Most From a Trump Presidency? | OilPrice.com Premium Content By Editorial Dept – Nov 15, 2024, 8:30 AM CST With the US Presidential election more than a week behind us and, with Republicans controlling the Senate and House as well as the White House, the so-called “Trump trade” is...Continue Reading

Supply Risk and Soaring Demand Keep European Natural Gas Prices at 1-Year High | 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 – Nov 15, 2024, 7:30 AM CST European benchmark natural...Continue Reading

UK Approves $2.5 Billion Funding for Power Link to North Sea Wind Farms | 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 – Nov 15, 2024, 6:30 AM CST The UK’s energy...Continue Reading