By Editorial Dept – Nov 17, 2023, 7:00 AM CST Politics, Geopolitics & Conflict An oil tanker set to load crude from a Libyan port was turned away this week because it had made a run to Israel prior to attempting to load in Libya. Libya’s eastern government (the rival to the Tripoli-based GNA) had...Continue Reading

China’s Refinery Bonanza Slows Down | OilPrice.com Premium Content By Editorial Dept – Nov 17, 2023, 7:00 AM CST 1. Europe Cracks Down on Methane Emissions – The European Union agreed on a deal to place methane emission limits on Europe’s oil and gas imports from 2030, putting additional regulatory pressure on key suppliers such...Continue Reading

Will Oil Prices Fall Below $70? | OilPrice.com Premium Content By Editorial Dept – Nov 17, 2023, 7:00 AM CST January U.S. Crude Prices Plunge January U.S. crude oil witnessed a significant drop of around 5% on Thursday, hitting a four-month low. This decline in West Texas Intermediate (WTI) crude, which reached its lowest level...Continue Reading

Chevron Expands Venezuela Oil Swap Deal as Sanctions Ease | 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 – Nov 17, 2023, 6:00 AM CST Following the U.S. sanctions relief on Venezuela’s...Continue Reading

Communications Blackout in Gaza as Fuel Runs Out | 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 – Nov 17, 2023, 5:00 AM CST Telecommunications in the Gaza Strip went down on...Continue Reading

Panama Canal Restrictions Add to U.S. LNG Price Tag | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 17, 2023, 4:00 AM CST Restrictions on shipping via the Panama Canal due to drought have made the transportation of U.S. LNG to Asia more expensive, widening...Continue Reading

Economic Concerns Put Oil Prices on Track for a Fourth Consecutive Weekly Loss | 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 – Nov 17, 2023, 2:25 AM CST Crude oil prices are headed...Continue Reading

Marathon Restarts Refinery Shut Down by Fire | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 17, 2023, 1:34 AM CST Marathon Petroleum this week restarted a rebuilt reformer at its Galveston Bay refinery, which was shut down by a fire that killed one employee...Continue Reading

Has the Energy Transition Hit a Wall? | 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 – Nov 16, 2023, 7:00 PM CST Wind and solar stocks are declining due to higher costs of...Continue Reading

Global Refining Industry Braces for Tough 2024 | 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 – Nov 16, 2023, 6:00 PM CST Despite predictions of a peak in fuel demand, global demand for...Continue Reading