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

The Risk of a Regional War in the Middle East | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT Oil markets now view the Middle East conflict as having escalated to its most dangerous point since October 7th, and Iran’s anticipated response to the killing of the leader of Hamas...Continue Reading

Russia’s Drilling Activity Slumps From Record High Amid OPEC+ Cuts | 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, 7:45 AM CDT Russia’s oil industry has slowed drilling...Continue Reading

Chevron Misses Q2 Earnings Estimates | 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, 6:45 AM CDT Chevron Corporation (NYSE: CVX) booked second-quarter earnings below analyst expectations, weighed...Continue Reading

Oil Trading Giant Vitol to Buy Asian Trader Noble Resources | 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, 5:41 AM CDT Vitol has agreed to buy Asian...Continue Reading

China’s Falling Diesel Demand Dampens Oil Outlook | 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, 4:30 AM CDT The property sector crisis and the rise of LNG...Continue Reading

BP and Iraq to Develop Oilfields in Kirkuk | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 02, 2024, 3:30 AM CDT BP will team up with the government of Iraq to rehabilitate and develop four oil and gas fields in the northern region of...Continue Reading

18 Oil Companies Targeted in Price Gouging Lawsuit | 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 02, 2024, 2:30 AM CDT A judicial panel has grouped together more than a dozen...Continue Reading

Oil Prices Set for Monthly Loss Despite War Premium | 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 02, 2024, 12:57 AM CDT Despite a surge in oil prices this week on...Continue Reading