How AI Will Impact Energy Industry Margins Over the Next 5 Years | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Oct 14, 2024, 1:00 PM CDT While billions flow into AI companies, only 5% of US businesses currently use AI. AI has...Continue Reading

Brazil’s Petrobras Cuts 2025 Capex By $4 Billion | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Oct 14, 2024, 12:57 PM CDT Brazil’s state-owned oil and gas multinational Petróleo Brasileiro S.A. (NYSE:PBR), aka Petrobras, has lowered capital expenditure...Continue Reading

AI Could Have Major Impact on Industry Profitability | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Oct 14, 2024, 12:00 PM CDT According to the Census Bureau, just 5% of American businesses have used AI to produce goods and services over the...Continue Reading

Nigerian Producer Resumes Production Despite Rampant Oil Theft | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Oct 14, 2024, 11:30 AM CDT After three years of shutdown over rampant theft and related damage, Nigerian independent producer Belemaoil Producing...Continue Reading

Banking Giants Claim It Is Time to Invest in Britain | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Oct 14, 2024, 11:00 AM CDT Leading global...Continue Reading

China War Games Near Taiwan Ignite Another Geopolitical Flashpoint | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 14, 2024, 10:30 AM CDT In the latest geopolitical escalation this month, China began military drills in the Taiwan Strait on Monday, dispatching army, navy, air force,...Continue Reading

Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Oct 14, 2024, 10:00 AM CDT Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly in...Continue Reading

OPEC Oil Production Dipped by 600,000 Bpd in September Amid Libyan Blockade | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 14, 2024, 9:30 AM CDT OPEC’s crude oil production slumped by 604,000 barrels per day (bpd) in September compared to August, as Libya’s output...Continue Reading

Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 14, 2024, 8:30 AM CDT Algeria is set to soon announce a new oil and gas licensing round in which major international firms,...Continue Reading

OPEC Slashes Oil Demand Growth Forecast Again | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 14, 2024, 8:00 AM CDT OPEC has revised its global oil demand growth forecast for 2024 and 2025 downward. The primary driver of the revision is weaker-than-expected Chinese oil...Continue Reading