By Martin Tillier – Apr 23, 2021, 10:45 AM CDT A couple of weeks ago, I wrote here that crude was stuck in a range and would probably remain so until something drastic happened to change fundamental conditions and expectations. I also said that until that came, I would be trading with a long bias,...Continue Reading
By Editorial Dept – Apr 23, 2021, 10:45 AM CDT Geopolitics Fighting continues to intensify around Yemen’s Marib province, the Saudi-backed Yemeni government’s last remaining stronghold. The Saudi-proposed ceasefire is still not being accepted by the Iranian-backed Houthis, though secret talks have been held between Iran and Saudi Arabia in Iraq recently. We have yet...Continue Reading
By Editorial Dept – Apr 23, 2021, 10:45 AM CDT 1. Texas solar boom – Texas already leads the nation in wind power, but it is rapidly catching up to California in solar. – Texas is set to add 10 GW of solar by the end of 2022. California will only add 3.2 GW, according...Continue Reading
By Jim Hyerczyk – Apr 23, 2021, 10:45 AM CDT The week got off to a promising start with prices hitting their highest level since March 18 after Libya declared force majeure on exports from the port of Hariga and said it could extend the measure to other facilities, citing a budget dispute. But things...Continue Reading
Two-Thirds Of Americans Are Interested In Electric Vehicles | 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 – Apr 23, 2021, 10:30 AM CDT Some 66 percent of Americans are interested in electric cars...Continue Reading
New Wave Of Peruvian Energy Nationalism Could Destroy Its Oil Industry | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Apr 23, 2021, 10:00 AM CDT Even...Continue Reading
OPEC Urges Its Members To Lobby Against NOPEC Bill | 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 – Apr 23, 2021, 10:00 AM CDT Secretary-General Mohammad Barkindo is urging OPEC members...Continue Reading
Venezuela Ups Domestic Oil Refining, Hurting Crude Exports | 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 – Apr 23, 2021, 9:30 AM CDT Venezuela’s PDVSA is using more of its domestic output of...Continue Reading
California Governor Newsom To Ban Fracking | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Apr 23, 2021, 9:00 AM CDT California Governor Gavin Newsom is today expected to announce a ban on new hydraulic fracturing permits, Politico reports, citing unnamed sources in the know. The...Continue Reading
Small Companies Rush To Buy Up Big Oil’s Assets | 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 – Apr 22, 2021, 7:00 PM CDT Big Oil is shedding assets like a dog sheds...Continue Reading