By Editorial Dept – Oct 07, 2022, 6:00 AM CDT This week’s noteworthy elements include more than just the slow sapping of the U.S. Strategic Petroleum Reserves, which have fallen to 416 million barrels – levels not seen since July 1984 when U.S. crude oil demand was less than 16 million barrels per day. OPEC+...Continue Reading

Does The OPEC+ Oil Price Rally Have Legs? | OilPrice.com Premium Content By Editorial Dept – Oct 07, 2022, 6:00 AM CDT U.S. West Texas Intermediate crude oil futures are up sharply late Thursday and for the week after OPEC and its allies (OPEC+) agreed to tighten global supply with a deal to cut production...Continue Reading

High Power Prices Are Undermining Europe’s Renewable Energy Plans | OilPrice.com Premium Content By Editorial Dept – Oct 07, 2022, 6:00 AM CDT 1. Drastic OPEC+ Cuts Signal Group Cohesion – Having met in person for the first time in more than two years, OPEC+ agreed to cut oil production in November 2022 by 2...Continue Reading

OPEC+ Production Cut Adds To Uncertainty In Oil Markets | 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 – Oct 07, 2022, 3:30 AM CDT This week’s decision from OPEC+ to cut...Continue Reading

The U.S. Is Preparing Its Response To The “Short-Sighted” Strategy Of OPEC+ | 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 Premium Content By Tsvetana Paraskova – Oct 07, 2022, 3:08 AM CDT Secretary Blinken has described...Continue Reading

Goldman Sachs Boosts Oil Price Predictions In Bullish Update | 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 – Oct 07, 2022, 2:30 AM CDT Goldman Sachs raised its 2022 price forecast for Brent...Continue Reading

Oil Prices Set For The Biggest Weekly Gain Since Spring | 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 Premium Content By Irina Slav – Oct 07, 2022, 1:36 AM CDT Oil prices are set for the biggest weekly...Continue Reading

Russia Claims Natural Gas Could Still Flow Through Nord Stream 2 | 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 – Oct 07, 2022, 12:59 AM CDT Russia could restart the supply of natural...Continue Reading

The Radical Plans To Counter High Oil Prices | 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 – Oct 06, 2022, 7:00 PM CDT President Joe Biden is now vowing to “consult with Congress” on ways to “reduce OPEC’s control...Continue Reading

Oil, Coal And Metals Mining Risk $1.9 Trillion Exposure To Natural 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 Premium Content By Tsvetana Paraskova – Oct 06, 2022, 6:00 PM CDT Moody’s: Environment-related risk is...Continue Reading