WTI trades back above $86 after whipsawing around it this week. Oil price rises near 1% despite EIA calls for a negative outlook on Oil demand. The US Dollar Index surges close to 106.00 and sets forth a fresh five-month high. Oil prices are jumping higher again on Friday after the small 0.75% decline from
Oil rallies over 2% with Middle East tensions nearing war status Read More »
Oil prices rose on Friday on the back of heightened tension in the Middle East, amid fears that wider conflict would hinder output from the region. However, a price drop is predicted over the next few weeks as fewer US interest rate cuts are expected this year. Brent, the benchmark for two thirds of the
Oil bounces back amid Middle East tensions as Opec forecasts robust summer market Read More »
Klondike Silver Corp. [TSXV-KS; OTC-KLSVF; WKN-A1H8T1] provided an update from its current underground drill program at the Silvana Mine, targeting western extensions of the mine within the historic Silvana claim block that the company owns in southeastern British Columbia. Drill holes from the first phase of drilling were laid out to intersect, map and model
Klondike Silver tables 2024 drilling program, British Columbia Read More »
DETROIT — The U.S. government’s auto safety agency has opened an investigation into a Ford recall for gasoline leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn’t fix the leaks. The National Highway Traffic Safety Administration said in documents posted Friday that the probe will “evaluate the
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In collaboration with Firefly, Wizz Air has set a new goal to power 10 per cent of its flights with sustainable aviation fuel (SAF) made from recycled waste materials by 2030. This ambitious target signifies a major leap forward in Wizz Air’s sustainability plan, further solidifying the air carrier’s commitment to developing sustainable aviation fuel.
Low Cost Airline ‘Wizz Air’ Partners With Firefly To Turn Human Waste Into Jet Fuel Read More »
Crude Oil Oil Demand to Grow by 2.2 million Barrel Daily – OPEC The Organisation of Petroleum Exporting Countries (OPEC+) has further extended its oil production cuts this month, with a target to push oil price to $100 a barrel. The decision was anything but unexpected and, unlike previous production policy announcements, it had the
Oil Demand to Grow by 2.2 million Barrel Daily – OPEC 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 – Apr 11, 2024, 7:00 PM CDT High decline rates for shale wells usually set in soon after commissioning. The U.S. oil rig count is currently 20% below its post-pandemic peak after flatlining
U.S. Crude Production To Decline In 2024 As Shale Activity Stalls Read More »
This article was produced by National Geographic Traveller (UK). Rome, Venice, Capri — the list of locations for the new Netflix series, Ripley, reads like the recipe for a bucket-list trip through the best of Italy. Patricia Highsmith was inspired to write The Talented Mr Ripley, the book on which the series is based, during
Ripley, White Lotus and more: why Hollywood is obsessed with Italy Read More »
By Robert Rapier – Apr 11, 2024, 5:00 PM CDT Department of Energy cancels solicitations for Bayou Choctaw SPR site deliveries, citing oil price increases. Despite promises to refill the SPR, Biden Administration halts purchases as market dynamics shift. Predictions of limited SPR replenishment align with historical trends of presidential actions in election years to
Biden Administration’s SPR Plans Derailed by Oil Price Surge Read More »
