Razor-Thin Spare Capacity To Keep Oil Prices Elevated
The post-COVID rebound in economies and oil demand have left global spare oil production capacity at very low levels with ...
Tag: Oil Demand
Gasoline Prices See Longest Downward Streak Since 2015
U.S. gasoline prices fell for the fourteenth week in a row, according to a Monday note from GasBuddy. The national average ...
OPEC Upbeat On Global Economic Growth
Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on ...
Energy Aspects: Crude Oil Demand Not Declining In Recession Pattern
Global oil demand is not declining in a pattern that would be consistent with a recession, and demand will still ...
Domestic Demand Helps Russian Oil Production To Rebound
The start of the summer driving season and favorable economics for Russian refiners have helped Russia’s oil production to rebound ...
Analysts Hike Oil Price Forecast As Supply Concerns Intensify
Brent prices are expected to average $106.82 a barrel in 2022, the monthly Reuters poll showed on Thursday—and that’s the ...
OPEC+ Considers Production Increase At March Meeting
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources told Reuters on ...
Alaska Pipeline Operator Eases Oil Cuts As Demand Picks Up
Alyeska Pipeline, the operator of the Trans-Alaska Pipeline System (TAPS), is allowing increased oil flows through the pipeline system, easing ...
Why Is Russian Crude So Expensive?
One of the main reasons why the coronavirus-induced price slump feels so odd is that it is accompanied by a ...
Clean energy can become Big Oil’s best investment
For years, major oil company CEOs and climate change activists alike have claimed they want oil corporations to make far ...
