Demand Concerns Counter Libya Outages in Volatile Week for Oil Prices | OilPrice.com Premium Content By Editorial Dept – Aug 30, 2024, 7:30 AM CDT This week, crude oil prices experienced significant volatility driven by a mix of geopolitical tensions, supply disruptions, and economic concerns. The market’s direction was heavily influenced by events in the...Continue Reading
China Reaches Key Clean Energy Target | OilPrice.com Premium Content By Editorial Dept – Aug 30, 2024, 7:30 AM CDT Iraq-Kurdistan Row Escalates Amidst Worsening OPEC+ Compliance – The political standoff between Iraq and the Kurdish Regional Government took a new twist this week after industry associations of oil producers claimed crude production in the...Continue Reading
Maduro Clings to Power in Venezuela | OilPrice.com Premium Content By Editorial Dept – Aug 30, 2024, 7:30 AM CDT Politics, Geopolitics & Conflict While reports are circulating that Israel is claiming to have forced the collapse of the Hamas brigade in Rafah, it remains unclear if the brigade has been defeated or has simply...Continue Reading
Indian Refiner Expects Domestic Fuel Demand to Rise by 5% Annually | 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 – Aug 30, 2024, 7:00 AM CDT Fuel demand in the world’s...Continue Reading
Indian State Refining Giant Seeks $3.8 Billion Loan for Capacity Expansion | 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 – Aug 30, 2024, 6:00 AM CDT India’s state-controlled refiner Bharat Petroleum...Continue Reading
Ecuador Begins Shutting Oil Wells in the Amazon | 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 – Aug 30, 2024, 4:47 AM CDT Ecuador has shut down one well and began...Continue Reading
Harris Does U-Turn on Fracking ahead of November Election | 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 – Aug 30, 2024, 3:30 AM CDT Kamala Harris said she would not ban fracking if...Continue Reading
Oil Prices Under Pressure Despite Libya Supply Shock | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 30, 2024, 2:31 AM CDT Crude oil prices steadied earlier today after gaining more than 1% on Thursday on the news of production shutdowns in Libya. However, analysts...Continue Reading
Libya’s Oil Production Has Now Slumped by 700,000 bpd | 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 – Aug 30, 2024, 1:42 AM CDT Libya’s crude oil production slumped by 700,000 barrels daily...Continue Reading
5 Best-Performing Oil & Gas Stocks In 2024 | 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 – Aug 29, 2024, 5:00 PM CDT The energy sector’s 7.1% return in the year-to-date has been well below the S&P 500’s 17.2%...Continue Reading