By Irina Slav – Sep 13, 2024, 2:23 AM CDT Oil prices are on track for a weekly gain, ending a three-week losing streak, primarily due to Hurricane Francine’s disruption of U.S. Gulf Coast production. The IEA’s downward revision of oil demand growth, citing weaker Chinese demand, has been offset by the hurricane’s impact on […]
Oil Prices Poised for Weekly Gain Read More »
Sandip Sabharwal , asksandipsabharwal.com, says there is much excess capacity in crude now, and with a huge number of LNG gas projects coming on stream next two to three years, the overall crude and oil and gas basket will remain subdued. So, it is going to be a good two-three-year phase unless and until something
What should one do in the crude-related counters? Sandip Sabharwal answers Read More »
SpaceX launched 21 Starlink satellites into low-Earth orbit from Vandenberg Space Force Base in California Thursday. photo courtesy of SpaceX/X Sept. 12 (UPI) — Riding atop a fuel cell filled with a million pounds of liquid kerosene, SpaceX launched 21 Starlink communications satellites on a Falcon 9 rocket from Vandenberg Space Force Base in California
SpaceX launches 21 Starlink satellites into low-Earth orbit Read More »
USD/CAD appreciates as commodity-linked CAD faces challenges due to lower Oil prices. WTI price falls as Eight OPEC+ members are set to raise production by 180,000 barrels per day in October. The US Dollar advanced following July’s US Personal Consumption Expenditures Index data. USD/CAD retraces its recent losses, trading around 1.3500 during the Asian session
USD/CAD rises to near 1.3500 due to lower crude Oil prices Read More »
(RTTNews) – Indian shares opened on a positive note Monday amid optimism over potential U.S. rate cuts and a continued decline in oil prices on prospect of higher OPEC+ supply. The benchmark S&P/BSE Sensex was up 230 points, or 0.3 percent, at 82,595 in early trade while the broader NSE Nifty index was up 58
Sensex, Nifty Open Higher As Oil Extends Declines Read More »
Monday, September 2, 2024 Today’s Paper Oil firms to raise pump prices Sign In New user? Click Here Follow us Watch Now Subscribe Sign In New user? Click Here OPINION NEWS REGIONS WORLD BUSINESS SPORTS ENTERTAINMENT LIFESTYLE THE SUNDAY TIMES SPECIAL FEATURES SPECIAL SECTIONS TMT NEWSWIRE LEGAL ADVICE FAST TIMES CAMPUS PRESS VIDEOS EXPATS &
Oil firms to raise pump prices Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Aug 30, 2024, 12:30 PM CDT The U.S. Environmental Protection Agency (EPA) has renewed for a second time an emergency waiver for the summer spec gasoline requirements in four Midwest states following the supply emergency after the shutdown of ExxonMobil’s Joliet
EPA Extends Emergency Waiver for Midwest Gasoline Supply Read More »
By Tom Kool – Aug 30, 2024, 11:00 AM CDT Analysts reduce price forecast: Reuters poll. The experts in the monthly Reuters poll now see Brent Crude prices averaging $82.86 per barrel this year. Oil prices continued to be under pressure despite the outage in Libya. Weaker-than-expected Chinese oil demand and high inventories globally have
Analysts Cut Oil Price Forecasts for Fourth Consecutive Month Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Aug 29, 2024, 3:11 AM CDT Crude oil prices ticked higher earlier today, after posting two daily losses, as the shutdown of oil fields in Libya took precedence
Oil Prices Inch Higher as Libya’s Oil Outage Outweighs Demand Fears Read More »
Two police officers have been confirmed dead and three others left unconscious as Shi’ite members attacked police officers in Abuja on Sunday. The proscribed organisation attacked the police checkpoint unprovoked, wielding machetes, improvised explosive devices (locally made bombs in bottles with kerosene), and knives. JUST-IN: Vehicles Burnt As Shiites Clash With Police In Abuja
JUST-IN: 2 Officers Die, 3 Unconscious As Shi’ite Attack Police Read More »
