This photo shows a pump from a gasoline station. Edd Gumban / File MANILA, Philippines — Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy (DOE). Rodela Romero, DOE-Oil Industry Management Bureau assistant
Oil prices seen to decline again next week 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 – May 10, 2024, 1:18 AM CDT Crude oil prices started moving higher early on Friday, set to book their first weekly gain in several weeks as China reported
Oil Prices Are on Course for the First Weekly Gain in Weeks Read More »
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 Premium Content By Tsvetana Paraskova – May 09, 2024, 6:00 PM CDT The Federal Government of Canada bought the Trans Mountain Pipeline Expansion from Kinder Morgan back in 2018. The
Trans Mountain Expansion: A Game-Changer for Canadian Oil Prices Read More »
Author of the article: The Canadian Press Amanda Stephenson Published May 09, 2024 • Last updated 1 hour ago • 2 minute read A new survey shows nine out of ten Canadian energy sector executives believe oil prices will remain strong for the next three to five years. Pumpjacks draw out oil and gas from wells
Oil executives expect sustained period of strong crude prices, survey shows Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – May 08, 2024, 5:00 PM CDT The oil price selloff appears to have been triggered by a return of demand pessimism thanks to last week’s report by the EIA that showed a
Extreme, But Unjustified, Pessimism Has Returned to Oil Markets Read More »
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 Premium Content By Tsvetana Paraskova – May 08, 2024, 4:00 PM CDT All major clean energy ETFs have outperformed the main oil and gas exploration ETFs last month. Persistently high
Can Renewable ETFs Continue To Outperform Oil & Gas? Read More »
The Canadian Press Apple’s biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro CUPERTINO, Calif. (AP) — Apple on Tuesday unveiled its next generation of iPad Pros and Airs — models that will boast faster processors, new sizes and a new display system as part of the company’s first update
MEG Energy says Trans Mountain expansion will boost Canadian oil prices ‘for years’ Read More »
American drivers may pay about the same prices at the pump this summer, providing a boon for the Biden administration’s efforts to tame inflation. Author of the article: Bloomberg News Lucia Kassai Published May 07, 2024 • 1 minute read People pump gas in Austin, Texas. Photo by Brandon Bell /Photographer: Brandon Bell/Getty (Bloomberg) —
Summer Gasoline Prices Seen Holding Steady in Relief for Drivers Read More »
CALGARY – The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for “years” to come, an executive with oilsands producer MEG Energy Corp. said Tuesday. “It is great for industry and Canada to have that tremendous asset available,” said MEG’s vice-president of marketing Erik Alson during a conference call with analysts to
MEG Energy says Trans Mountain expansion will boost Canadian oil prices ‘for years’ Read More »
Tuesday 07 May 2024 7:25 am BP has reported a decline in earnings and higher debt for the first quarter of the year. BP has reported a drop in profit for the first quarter of the year and higher net debt amid lower oil prices. The UK oil major reported underlying replacement cost profit of
BP reports profit drop as lower oil prices hit earnings Read More »
