U.S. Oil and Gas Drilling Activity Slows Amidst Price Plunge | 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 – Aug 02, 2024, 12:10 PM CDT The total number of active drilling rigs...Continue Reading
OPEC+ to Reevaluate Production Cuts as Brent Crude Prices Falter | 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 Related News By Julianne Geiger – Aug 02, 2024, 11:30 AM CDT OPEC maintained steady oil production in July,...Continue Reading
Imperial Oil Q2 Earnings Surge by 68% | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 02, 2024, 10:30 AM CDT Canadian producer Imperial Oil saw its net profit soar by 68% in the second quarter from year-ago levels as the highest second-quarter production in...Continue Reading
Chevron Ditches California for Texas | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 02, 2024, 10:00 AM CDT Chevron is moving its headquarters from California to Texas over the next five years. The company cited California’s “adversarial” policies towards the fossil...Continue Reading
Exxon Delays Startup of $10-Billion Golden Pass LNG Export Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 02, 2024, 9:35 AM CDT ExxonMobil is delaying the start-up of its joint venture Golden Pass LNG export project in Texas to late 2025 from the...Continue Reading
Oil Prices Fall Back as Demand Concerns Return | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Aug 02, 2024, 9:16 AM CDT Oil prices were dropping on Friday morning as traders returned to focus on demand concerns in the light...Continue Reading
Exxon Tops Q2 Estimates on Record Permian and Guyana Production | 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 02, 2024, 8:40 AM CDT ExxonMobil (NYSE: XOM) beat Wall Street...Continue Reading
Saudi Arabia’s Economy Struggles With OPEC+ Cuts | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT Fears of Middle Eastern Flareups Prompt Traders to Hedge Bets – Israel’s assassination of a top Hezbollah commander in Beirut and Hamas leader Ismail Haniyeh in Tehran has raised the geopolitical risk premium in...Continue Reading
A Week of Turmoil in Oil Markets | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT The crude oil market experienced significant volatility this week, with prices spiking due to a combination of geopolitical tensions and supply concerns, but ultimately being held back by demand uncertainty. Middle East Powder Keg...Continue Reading
Protests in Venezuela After Maduro Claimed Victory in Disputed Election | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT Politics, Geopolitics & Conflict Deadly protests have ensued following Maduro’s claim of victory in Sunday’s presidential elections in Venezuela. Venezuela has already cut diplomatic ties with Peru for questioning the election...Continue Reading