Companies that imported millions of Southeast Asian solar panels could have to pay tariffs on them “ranging from 30% to more than 230%”, according to a new report from Bloomberg.  Companies have until December 3rd to install the panels, and U.S. Customs and Border Protection has pledged strict enforcement to prevent stockpiling, potentially exposing importers...Continue Reading

Saudi Minister: OPEC+ Move to Delay Output Hike Was a Reality Check | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 06, 2024, 10:30 AM CST The OPEC+ group faced a “reality check” in discussions about its production policy and had the double task of...Continue Reading

U.S. Solar Cell Production Resumes After a 5-Year Break | 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 06, 2024, 10:00 AM CST The U.S. resumed silicon solar cell production in Q3 2024, achieving nearly 40 GW of...Continue Reading

Morgan Stanley expects Brent Crude prices to average $70 per barrel in the second half of 2025, up from a $66-$68 a barrel range expected previously, after OPEC+ delayed the beginning of its production increase and slowed the pace of the output hikes into 2026. The OPEC+ alliance decided on Thursday to delay the start...Continue Reading

Is Oil’s Gloom Overblown? Barclays Thinks So | 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 – Dec 06, 2024, 9:30 AM CST The oil market is bracing for a tough 2025, but...Continue Reading

Oil Prices Under Pressure Despite OPEC+ Decision | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Dec 06, 2024, 8:30 AM CST Despite OPEC+ postponing its planned production increases until 2025, oil prices remain under pressure due to demand uncertainty. In...Continue Reading

Oman’s State Oil Firm Plans More Unit Listings After Record IPO | 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 – Dec 06, 2024, 8:30 AM CST OQ, the national oil company...Continue Reading

The U.S. Hybrid Vehicle Market Is Booming | OilPrice.com Premium Content By Editorial Dept – Dec 06, 2024, 8:00 AM CST OPEC+ Delays Return of Production Cuts By Three Months – In a largely anticipated move, OPEC+ announced it would postpone the easing of its production cuts for another quarter and only start bringing back...Continue Reading

China and OPEC+ Provide Support for Oil Prices | OilPrice.com Premium Content By Editorial Dept – Dec 06, 2024, 8:00 AM CST Crude oil prices have found some support this week, driven by China’s economic recovery and OPEC+ production strategies. China, the world’s second-largest oil consumer, reported its fastest factory activity growth in five months,...Continue Reading

Libyan Oil Production Hits an 11-Year High | OilPrice.com Premium Content By Editorial Dept – Dec 06, 2024, 8:00 AM CST Politics, Geopolitics & Conflict Libyan oil production has hit an 11-year high at 1.422 million bpd, recovering (at least for now) from the Central Bank control battle that saw oil once again taken hostage,...Continue Reading