Bank Of China Gets Tiny Fine For Negative Oil Price Disaster | 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 – Dec 11, 2020, 4:00 PM CST The global oil market descended into a new low in April after oil...Continue Reading
Germany Looks To Protect Russia-Led Nord Stream 2 From US Sanctions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 11, 2020, 3:30 PM CST The German state where the controversial Russia-led natural gas pipeline Nord Stream 2 is planned to land has proposed the...Continue Reading
EVs Take Record 15% Share Of UK’s Used Car Market | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 11, 2020, 2:30 PM CST Last month’s announcement that the UK would ban sales of new gasoline and diesel cars as of 2030 was most likely...Continue Reading
Oil Takes a Breather After Big Rally | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Dec 11, 2020, 2:00 PM CST Oil prices fell back on Friday morning following a strong rally on the...Continue Reading
Oil Prices Take A Breather After Big Rally | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Dec 11, 2020, 2:00 PM CST Oil prices fell back on Friday morning following a strong rally on...Continue Reading
Rig Count Sees Largest One-Week Increase Since January | 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 Premium Content By Julianne Geiger – Dec 11, 2020, 12:34 PM CST Baker Hughes reported on Friday that the number of...Continue Reading
By Editorial Dept – Dec 11, 2020, 12:00 PM CST 1. Deep capex cuts for shale – A group of 33 U.S. shale companies cut capex to just $5.8 billion combined in the third quarter, according to a new report. – That was down from $13.9 billion for the same period a year earlier, a...Continue Reading
By Editorial Dept – Dec 11, 2020, 12:00 PM CST Last week, I talked about the illogicality of recent moves in crude, and there has been more of the same this week, if anything even more pronounced. I guess I should be used to markets behaving illogically after nearly four decades of working in and...Continue Reading
By Editorial Dept – Dec 11, 2020, 12:00 PM CST Last week, we asked how quickly General Haftar might grow weary of waiting on an elusive oil revenue agreement while the country continues to pump out 1.2 million bpd of oil, which the Central Bank cannot access without a revenue-distribution resolution. This week, we find...Continue Reading
By Editorial Dept – Dec 11, 2020, 12:00 PM CST Politics, Geopolitics & Conflict Once again, it’s China stepping into the vacuum in Iraq, targeting the oil industry. This time, Iraq is set up for a multi-billion-dollar bailout from Beijing in a deal that would see the Iraqi government repay the debt in the form...Continue Reading
