Crude Oil Inventories See Smaller Than Expected Build | 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 – May 18, 2021, 3:47 PM CDT The American Petroleum Institute (API) on Tuesday reported a...Continue Reading

$70 Oil Could Put The Brakes On China’s Crude Buying Spree | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 18, 2021, 3:00 PM CDT China’s accelerated crude oil stockpiling could be coming to an end with oil at $70 and the possibility that strategic...Continue Reading

Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans | 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 – May 18, 2021, 2:30 PM CDT Royal Dutch Shell does not see its...Continue Reading

IEA Drops Bombshell Report On Oil And Gas | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Premium Content By Josh Owens – May 18, 2021, 2:00 PM CDT The IEA made headlines...Continue Reading

EPA Orders Shutdown Of Caribbean Refinery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 18, 2021, 1:30 PM CDT The U.S. Environmental Protection Agency has ordered the complete shutdown of the Limetree Bay refinery on the Caribbean island of St. Croix because of “multiple...Continue Reading

By ZeroHedge – May 18, 2021, 12:00 PM CDT Update (1245ET): Well that didn’t last long. After oil prices plunged on Iran nuclear deal optimism, they have surged back higher again now after Russian Envoy Ulyanov clarified his earlier remarks, noting that it’s “too early for a breakthrough” in the nuclear talks, noting that “unresolved issues remain.”...Continue Reading

Could This Be The Hottest Investment Sector For 2021? | OilPrice.com By Jennifer Weybridge – May 18, 2021, 11:30 AM CDT A $52-billion pain management market, a $14-billion antidepressant market, and a  $4.5 trillion global wellness market are all coming together to make what could be a mega opportunity for a segment that few can...Continue Reading

Oman Plans Massive $30 Billion Green Hydrogen Project | 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 Premium Content By Tsvetana Paraskova – May 18, 2021, 11:00 AM CDT Middle Eastern oil producer Oman plans to build...Continue Reading

Besides being the provider of lithium iron phosphate (LFP) batteries for Tesla’s China-made Model 3 cars with standard driving ranges, CATL systems are incorporated into Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo vehicles, among others. To secure access to raw materials to back its battery production, back in April, the company took a stake in China Molybdenum...Continue Reading

Prices At The Pump Stuck At 7-Year Highs | 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 – May 18, 2021, 10:00 AM CDT Gasoline prices remained elevated, with many stations staying shut despite...Continue Reading