OPEC+ Spare Capacity Could Cushion Oil Markets | OilPrice.com Premium Content By Editorial Dept – Oct 04, 2024, 8:00 AM CDT The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spare production capacity. Traders are caught between the potential for significant supply disruptions...Continue Reading

Libya Restarts Oil Production and Exports… For Now | OilPrice.com Premium Content By Editorial Dept – Oct 04, 2024, 8:00 AM CDT Politics, Geopolitics & Conflict On Thursday, Libya’s parallel eastern government (Haftar clan) lifted the force majeure on output and exports just hours after a deal was reached for two compromise candidates to head...Continue Reading

Is It Time to Turn Bullish on Oil? | OilPrice.com Premium Content By Editorial Dept – Oct 04, 2024, 8:00 AM CDT The last time I wrote here about crude, it was to explain why oil had dropped that week on what looked, on the surface, like bullish news. In that piece, I warned that...Continue Reading

By Editorial Dept – Oct 04, 2024, 8:00 AM CDT Imminent war makes for great headlines, but they roil oil markets that are already operating at the height of disconnect, contradiction, and confusion. The whipsaw nature of oil market sentiment continues, with analysts generally reacting to a moment rather than a longer narrative, but overall,...Continue Reading

UK Auto Industry Warns Lack of Incentives Slows EV Uptake | 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 – Oct 04, 2024, 7:44 AM CDT The UK’s auto manufacturing industry will...Continue Reading

Iran’s Oil Tankers Flee Biggest Export Terminal Fearing Israeli Attack | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 04, 2024, 6:30 AM CDT Iranian oil tankers have moved away from Kharg Island, Iran’s biggest oil export terminal, amid fears of an imminent Israeli attack...Continue Reading

Petrobras Discovery Could Double Colombia’s Natural Gas Reserves | 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 – Oct 04, 2024, 5:31 AM CDT Brazil’s Petrobras has made two natural gas discoveries...Continue Reading

Goldman Sachs Sees $20 Upside to Oil Prices on Iran Supply Shock | 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 – Oct 04, 2024, 4:32 AM CDT Goldman Sachs predicts a...Continue Reading

UK Government Ready to Spend $29 Billion on Carbon Capture | 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 – Oct 04, 2024, 4:00 AM CDT The Keir Starmer government has announced funding of...Continue Reading

Exxon Warns of Oil Price Impact on Q3 Earnings | 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 – Oct 04, 2024, 3:00 AM CDT Exxon has warned that its third-quarter earnings would likely...Continue Reading