Don’t Expect A Major Rally In Oil | OilPrice.com Premium Content By Editorial Dept – Jan 13, 2023, 9:00 AM CST U.S. West Texas Intermediate crude oil futures rallied on Thursday, testing its high for the week amid optimism that that demand for fuel will grow in 2023. The move followed a more than 3%...Continue Reading
Oil Prices Climb Despite Demand Uncertainty | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jan 13, 2023, 9:00 AM CST Oil prices have been buoyed this week by promising inflation data in the U.S., although the uncertainty surrounding China’s oil...Continue Reading
Why Putin Replaced His Top Military Commander | OilPrice.com Premium Content By Editorial Dept – Jan 13, 2023, 9:00 AM CST Politics, Geopolitics & Conflict Russia’s top military commander for the “special operation” in Ukraine has been replaced. General Sergei Surovikin, charged with leading the attack on Ukraine’s energy infrastructure and appointed only three months...Continue Reading
By Editorial Dept – Jan 13, 2023, 9:00 AM CST While fluctuating back and forth with fears of global recession and uncertain U.S. economic data, China’s economic reopening remains a significant key to demand determinations; yet, no one can get a handle on the severity of the country’s Covid crisis and what it might mean...Continue Reading
Natural Gas Prices Under Pressure As Production Climbs | OilPrice.com Premium Content By Editorial Dept – Jan 13, 2023, 9:00 AM CST 1. Restart of Freeport LNG Remains Uncertain – Despite market rumors suggesting a restart might be delayed again, Freeport LNG is sticking to its original pledge of resuming production in the second half...Continue Reading
Head Of Saudi Wealth Fund Will Not Testify In Defense Of Elon Musk | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Jan 13, 2023, 8:30 AM CST The governor of the Public Investment Fund, Saudi Arabia’s $620-billion sovereign wealth fund,...Continue Reading
Largest U.S. Refinery Back Up and Running | 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 – Jan 06, 2023, 2:00 PM CST The largest crude oil refinery in the United States has...Continue Reading
U.S. Oil, Gas Rig Activity Dips In First Count Of New Year | 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 – Jan 06, 2023, 12:12 PM CST The total number of total...Continue Reading
By Editorial Dept – Jan 06, 2023, 12:00 PM CST With 2022 behind us, many have reflected on what a banner year it has been for oil stocks. From pariah to market darling amid an energy crisis, major stocks like Exxon (+71.42%) and Chevron (+49.45%) have seen major gains. WTI, however, closed out the year...Continue Reading
3 Energy Stock Picks For 2023 | OilPrice.com Premium Content By Martin Tillier – Jan 06, 2023, 12:00 PM CST If you are reading this, I know that you are interested in the energy sector, and therefore you are aware that 2022 was an outstanding year for energy stocks. The sector ETF, XLE, delivered a...Continue Reading