Oil Gains 4% on Interest Rates, 2024 Forecasts | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 14, 2023, 11:55 AM CST Oil prices were nearing a 4% gain on Thursday as the U.S. dollar weakened and the International Energy Agency (IEA) upgraded its demand...Continue Reading

Maersk Gives Fuel Carriers Ability to Bypass Red Sea to Avoid Attacks | 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 – Dec 14, 2023, 11:30 AM CST Maersk fuel carriers will have...Continue Reading

The world is sliding into a copper deficit over the next couple of years as one of the world’s largest copper mines was forced to shutter operations while demand for the refined metal remains elevated due to renewable energy infrastructure and electric vehicles demand.  Warnings of a copper squeeze come as the Panamanian government recently closed...Continue Reading

EU Reaches Provisional Deal on Electricity Market Reform | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 14, 2023, 10:30 AM CST The European Union and the European Parliament reached on Thursday a provisional deal to reform the EU’s electricity market design to make power prices less...Continue Reading

Russia’s Oil Revenues Slump to the Lowest Level since July | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 14, 2023, 10:00 AM CST IEA: Russia’s oil revenues dropped in November.  IEA: Russia’s export revenues for crude and oil products fell by 17% month-on-month in...Continue Reading

Plunging Solar Module Production Costs Give China Huge Advantage | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 14, 2023, 9:30 AM CST China’s costs for producing solar modules have plummeted by 42% over the past year, which gives Chinese manufacturers a huge cost advantage...Continue Reading

Electric Vehicle Market Sees 20% Surge in Global Sales for November | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 14, 2023, 9:00 AM CST Rho Motion: Sales of EVs and plug in hybrids were up 20% globally in November. The boost...Continue Reading

IEA: Global Oil Inventories Fell in October   | 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 – Dec 14, 2023, 8:30 AM CST Global observed oil inventories fell in October, with...Continue Reading

Canada’s Cenovus Energy Raises Capital Expenditure for 2024 | 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 – Dec 14, 2023, 7:30 AM CST Cenovus Energy, one of Canada’s biggest oil and...Continue Reading

IEA Raises Its 2024 Oil Demand Growth Forecast | 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 – Dec 14, 2023, 6:17 AM CST Global oil demand growth is materially slowing down...Continue Reading