Hurricane Fury in 2024 Slows US Gulf Energy Production | 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 17, 2024, 2:00 PM CST The 2024 hurricane season was relentless, and it...Continue Reading

The U.S. Desperately Needs to Protect Itself Against Future MIneral Export Bans | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 17, 2024, 1:00 PM CST China’s export bans on critical minerals like gallium, germanium, and antimony highlight US vulnerabilities in its...Continue Reading

EU’s “Business as Usual” Stance on Ukraine Continues into 2025 | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Dec 17, 2024, 12:00 PM CST The EU...Continue Reading

Kosmos Backs Off, Tullow Takes a Hit | 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 17, 2024, 11:30 AM CST Sometimes, no deal is better than a bad one—or so...Continue Reading

Trump Tantrum Pushes Canadian Oil into Overdrive | 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 17, 2024, 11:00 AM CST President-elect Donald Trump has threatened to impose 25% tariffs on all imports from Canada and Mexico. Canada...Continue Reading

Indian Refiner BPCL To Boost Oil Processing Capacity | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 17, 2024, 10:30 AM CST India’s second-largest fuel retailer, Bharat Petroleum Corporation Limited (BPCL), plans to raise its refining capacity by 10 million tons per year by 2028,...Continue Reading

Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at the Baltic port of Primorsk, pressure for Russia to align with its OPEC+ quota, and increased sanctions pressure. In the four weeks to December 15, Russia’s seaborne crude exports averaged 3.06 million barrels per day...Continue Reading

Goldman Sachs: Huge Spare Capacity Weighs on Oil Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 17, 2024, 9:30 AM CST Spare oil production capacity at the highest quartile in history is weighing on Brent crude prices, and time spreads have looked undervalued...Continue Reading

Biden Administration Set to Extend Record $15-Billion Loan to PG&E | 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 17, 2024, 8:30 AM CST The U.S. Department of Energy has...Continue Reading

Demand Concerns Continue to Weigh on Oil Ahead of Fed Meeting | 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 17, 2024, 8:15 AM CST Oil prices are under pressure ahead of the next Federal Reserve meeting, with demand concerns...Continue Reading