Biden administration takes another step toward advancing a controversial oil drilling
CNN — The Interior Department’s Bureau of Land Management on Wednesday advanced the controversial Willow oil drilling project on Alaska’s ...
Tag: Oil Prices
OPEC+ Closely Watches Chinese Factory Data
While all eyes are temporarily on the Federal Reserve’s rate hike plans and a virtual meeting of OPEC+ ministers–both on ...
German Crude Oil Imports Rose 11% in 2022 As Crude Import Bill Doubles
Germany saw an increase in crude oil import volumes of 11.1% during the first ten months of last year, new ...
Chinese Oil Giants Expect Bumper Profits For 2022 On Spike In Prices
China’s largest state-controlled oil and gas firms on Thursday guided for a surge in net profits for 2022 as commodity ...
Vegetable Oil Is Gaining Traction As A Biofuel
Interest in biofuels has exploded in recent years, and as governments pursue both energy security and lower emissions, that interest ...
Analysts Remain Bullish On Oil Prices Despite Looming Headwinds
BEIJING, CHINA - DECEMBER 09: Medical workers wear PPE as they arrive with a patient on a stretcher ... at ...
Norway’s Oil Profits Soared To New Heights In 2022
Following several previous successful years, Norway once again saw record oil and gas profits in 2022, as well as progressing ...
RBC: If Oil Prices Fall Further, OPEC Will Act
If the selloff in oil continues and prices continue down, OPEC may well swing into action, RBC Capital Markets’ head ...
Crude Oil Inventories Rise On Refinery Shutdowns, SPR Releases
Crude oil inventories rose by 3.298 million barrels, American Petroleum Institute (API) data showed on Wednesday, after a million bpd ...
The Right Strategy For Oil Companies In 2023
Oil and gas producers seemingly have settled on a strategy. OPEC and Russia will limit production and let prices rise ...
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