Oil Companies Stand Up To Los Angeles City Council Drilling Ban
After decades of transitioning towards renewable energy, with several new developments across the state, LA has finally taken significant steps ...
Tag: Oil Production
Venezuela’s Dilapidated Oil Industry Is An Environmental Catastrophe
The collapse of Venezuela’s once prolific oil industry has triggered an economic and humanitarian crisis that accelerated in 2019 after ...
OPEC’s Oil Production Rises By 120,000 Bpd In December
A rebound in Nigerian production raised OPEC’s oil output in December by 120,000 barrels per day (bpd) compared to November, ...
Oil Prices Could Sink Without Further OPEC+ Action
Oil prices could sink if OPEC+ acts in line with market expectations and agrees to keep production quotas stable for ...
UAE Denies OPEC+ Production Hike Discussions
The UAE has reiterated that it has not been in any discussions with OPEC members to change the existing agreement, ...
OPEC: Higher Oil Investments Are Needed To Avoid Rampant Volatility
The oil industry needs to increase investment in capacity and new production so that the oil market can avoid high ...
Rising Oil Prices Make BofA Bullish on These Stocks
It’s been an awesome 2022 for energy stocks, with the S&P 500 Energy index surging 63% so far this year ...
We need to elect people who will end our OPEC addiction
So Saudi Arabia and OPEC are again playing one of their favorite games, which is enjoying how much power they ...
Valero Refineries to Operate at 95% Capacity
Valero (VLO) , the second largest U.S. crude oil refiner, plans to run its refineries at 95% of combined total production capacity ...
Oil Volatility Returns, Pushing Gasoline Prices Higher
Crude oil prices rose for the first weekly increase on Friday, while gasoline prices also mirrored its move upwards. The possibility ...
Investing
