Confidence in Argentina, and its economy, looks to be picking up steam. So much so that Argentine energy companies are tapping U.S. debt markets, according to Bloomberg. Shale driller Vista Energy raised $600 million in its first foreign bond sale, while Pampa Energia is planning another market return this year amid growing output in Argentina’s...Continue Reading

Nobel Laureate Advocates for Grassroots Climate Action in Kazakhstan | 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 – Dec 09, 2024, 2:00 PM CST Raekwon Chung, a Nobel laureate,...Continue Reading

National Gasoline Prices Fall Below $3 Per Gallon | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Dec 09, 2024, 1:30 PM CST The U.S. national average price of gasoline has fallen below $3 per gallon for the first time in...Continue Reading

According to data published by the United Nations Statistics Division, China accounted for 31 percent of global manufacturing output in 2022. As Statista’s Felix Richter shows in the chart below, that puts the country almost 15 percentage points ahead of second-placed United States, which used to have the world’s largest manufacturing sector until China overtook...Continue Reading

Kuwait’s Economy Struggles as Oil Production Cuts Persist | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Dec 09, 2024, 12:30 PM CST The International Monetary Fund (IMF) has predicted that Kuwait’s economy will remain in a recession due...Continue Reading

California’s fuel market, where gasoline prices have been consistently higher than the national U.S. average, has seen multiplying challenges in recent years, which resulted in new state legislation and an announcement of a refinery closure in October, the Energy Information Administration (EIA) said in an analysis on Monday. As of December 9, the average U.S....Continue Reading

Explosion at Eni Fuel Depot Near Florence Kills Two and Injures Nine | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2024, 10:30 AM CST An explosion and fire at a fuel depot owned by energy major Eni near Florence, Italy, killed on Monday...Continue Reading

Oil prices climbed by more than 1% on Monday after China unveiled plans to adopt its first loosened monetary policy stance since 2010 as it looks to boost economic growth. Brent crude for February delivery was up 1.52% to trade at $72.21 per barrel at 10.00 am ET while the WTI crude January contract gained...Continue Reading

Germany’s Power Prices Rise as Market Tightens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2024, 9:30 AM CST Germany’s power margin, the available electricity supply to meet demand, is set to drop this week to the lowest level so far this winter,...Continue Reading

Iran’s Uranium Enrichment Surge Sparks International Concern | 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 – Dec 09, 2024, 9:00 AM CST Iran is significantly increasing its...Continue Reading