Oil Prices Soar As Market Shrugs Off Recession Fears | 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 – Jul 29, 2022, 11:00 AM CDT The price of crude oil skyrocketed on Friday...Continue Reading

Why Oil Prices Could Spike Next Week | OilPrice.com Premium Content By Editorial Dept – Jul 29, 2022, 11:00 AM CDT U.S. West Texas Intermediate crude oil futures are trading higher on Friday on reports that OPEC and its allies will ignore President Biden’s request to boost supply at next week’s production meeting. A weaker...Continue Reading

By Editorial Dept – Jul 29, 2022, 11:00 AM CDT With the Fed’s decision to raise rates behind us, there are still multiple uncertainties threatening to keep oil prices unstable. In the current tight market, the Fed’s move to hike rates by 75 basis points sent WTI lower, but by less than 1%. Gasoline prices...Continue Reading

Breaking Down Big Oil’s Incredible Earnings | OilPrice.com Premium Content By Editorial Dept – Jul 29, 2022, 11:00 AM CDT Politics, Geopolitics & Conflict Thousands of protesters loyal to Shi’ite cleric Moqtada al-Sadr stormed the Iraqi parliament on Wednesday, leading to an ongoing political standoff for OPEC’s second-largest oil producer. The protesters, completely controlled by...Continue Reading

The Unstoppable Rise Of European Power Prices | OilPrice.com Premium Content By Editorial Dept – Jul 29, 2022, 11:00 AM CDT 1. Recession Could Soon Become Reality – Despite recent attempts to redefine the concept of economic recession, economic data firmly points to the inevitability of one amidst soaring inflation, weakening manufacturing, and generally worsening...Continue Reading

Russia Asks For LNG Payments Via Moscow Bank | 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 – Jul 29, 2022, 10:30 AM CDT Russian Sakhalin Energy Investments Co is asking the buyers of...Continue Reading

Eni Steps Up Buybacks After Quadrupling Q2 Earnings | 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 – Jul 29, 2022, 10:00 AM CDT Italy’s Eni followed other European majors in increasing...Continue Reading

U.S. Refiners Haven’t Seen Fuel Demand Destruction | 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 – Jul 29, 2022, 10:00 AM CDT U.S. refiners: there’s no indication of fuel demand destruction....Continue Reading

German Cities Begin Turning Off Lights To Save Energy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 29, 2022, 9:30 AM CDT Berlin, Germany’s capital, and other cities have started turning off the spotlights on historic monuments and municipal buildings in an effort to...Continue Reading

Saudi Arabia, Russia Meet To Discuss Cooperation Ahead Of OPEC+ Meeting | 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 – Jul 29, 2022, 8:30 AM CDT Saudi Arabia’s Energy Minister Abdulaziz bin Salman...Continue Reading