By Editorial Dept – Aug 30, 2024, 7:30 AM CDT Libya has had the full attention of the oil markets all week, with the Haftar clan of the east blocking oil production to gain leverage over a battle to control the Central Bank, which controls the country’s oil revenues. The initial shutdown caused a surge...Continue Reading

Demand Concerns Counter Libya Outages in Volatile Week for Oil Prices | OilPrice.com Premium Content By Editorial Dept – Aug 30, 2024, 7:30 AM CDT This week, crude oil prices experienced significant volatility driven by a mix of geopolitical tensions, supply disruptions, and economic concerns. The market’s direction was heavily influenced by events in the...Continue Reading

Indian Refiner Expects Domestic Fuel Demand to Rise by 5% Annually | 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 – Aug 30, 2024, 7:00 AM CDT Fuel demand in the world’s...Continue Reading

Indian State Refining Giant Seeks $3.8 Billion Loan for Capacity Expansion | 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 – Aug 30, 2024, 6:00 AM CDT India’s state-controlled refiner Bharat Petroleum...Continue Reading

Ecuador Begins Shutting Oil Wells in the Amazon | 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 – Aug 30, 2024, 4:47 AM CDT Ecuador has shut down one well and began...Continue Reading

Harris Does U-Turn on Fracking ahead of November Election | 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 – Aug 30, 2024, 3:30 AM CDT Kamala Harris said she would not ban fracking if...Continue Reading

Oil Prices Under Pressure Despite Libya Supply Shock | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 30, 2024, 2:31 AM CDT Crude oil prices steadied earlier today after gaining more than 1% on Thursday on the news of production shutdowns in Libya. However, analysts...Continue Reading

Libya’s Oil Production Has Now Slumped by 700,000 bpd | 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 – Aug 30, 2024, 1:42 AM CDT Libya’s crude oil production slumped by 700,000 barrels daily...Continue Reading

5 Best-Performing Oil & Gas Stocks In 2024 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Aug 29, 2024, 5:00 PM CDT The energy sector’s 7.1% return in the year-to-date has been well below the S&P 500’s 17.2%...Continue Reading

Why Coal is Still a Cornerstone of the Global Energy Mix | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 29, 2024, 4:00 PM CDT In 2023, global coal consumption reached a record 164 exajoules, driven primarily by the Asia Pacific region,...Continue Reading