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#oilprice.com. × #Jan.08.2025 Oil Prices Climb on OPEC Data and a Strong U.S. Economy | OilPrice.com. Oil prices rose after data showed production decline from OPEC and Russia, along with strong US economic data suggesting continued demand.
#Business #Russia #Europe
#oilprice.com. × #Jan.07.2025 API Reports Large Crude Draw, Major Jump in Fuel Inventories | OilPrice.com. Crude inventories saw a larger than expected decline for the week ending January 3rd, while fuel inventories continue to soar
#Business #USA #North America
#oilprice.com. × #Jan.07.2025 Trump Pledges Swift Reversal of Biden’s Offshore Drilling Ban | OilPrice.com. President-elect Donald Trump declared his intentions to overturn outgoing President Joe Biden’s ban on offshore oil and gas drilling
#Business #Politics
#oilprice.com. × #Jan.07.2025 Wind Power Costs Challenge UK Energy Goals | OilPrice.com. The UK’s aging power grid is facing mounting challenges as wind power becomes a dominant force in the nation’s energy mix
#Business #United Kingdom #Europe
#oilprice.com. × #Jan.07.2025 Oil CEO John Hess: Oil Markets Close To Being Balanced | OilPrice.com. Hess CEO John Hess shared his perspective on the oil market, suggesting it is closer to being balanced rather than oversupplied in 2025
#Business
#oilprice.com. × #Jan.07.2025 South Sudan To Restart Oil Production As Force Majeure Is Lifted | OilPrice.com. Dar Petroleum Operating Company (DPOC), the largest oil operator in South Sudan, will resume oil production on Wednesday after Sudan lifted the force majeure on the pipeline route through Sudan
#Business #Sudan #Africa #South Sudan
#oilprice.com. × #Jan.07.2025 Trump Considers Executive Order to Protect Natural Gas Appliances | OilPrice.com. Incoming U.S. President Donald Trump is preparing an executive order to protect natural gas appliances from federal, state, and local regulations.
#Business
#oilprice.com. × #Jan.07.2025 Wind Became UK’s Largest Power Source in 2024 for First Year Ever | OilPrice.com. Wind power surpassed natural gas to become the largest source of electricity generation in the UK for the first time in 2024, marking a significant milestone in the country's transition to a low-carbon
#Business #United Kingdom #Europe
#oilprice.com. × #Jan.07.2025 Key Chinese Ports Ban Oil Tankers Sanctioned by the U.S. | OilPrice.com. China's key oil ports are banning sanctioned tankers, potentially curbing Iranian oil imports and raising costs for independent refiners amid tightening US sanctions.
#Business #China #USA #Asia #North America #Iran
#oilprice.com. × #Jan.07.2025 Russia Claims Compliance With OPEC+ Oil Output Cuts in December | OilPrice.com. Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future production cuts and potentially impacting the cartel's stability.
#Business #Russia #Europe
#oilprice.com. × #Jan.07.2025 Global Crude Exports Fall in 2024 for First Time Since Covid | OilPrice.com. Global crude oil exports declined in 2024 for the first time since the pandemic due to weaker demand, reshuffled trade routes caused by geopolitical events, and rising production from new sources.
#Business #Americas
#oilprice.com. × #Jan.07.2025 Suncor Energy’s Oil Production Hit a Record High in 2024 | OilPrice.com. Suncor Energy achieved record-breaking oil production and refining in 2024 due to increased demand, high upgrader utilization rates, and the completion of the Trans Mountain Expansion Project.
#Business #Canada #North America
#oilprice.com. × #Jan.07.2025 Exxon Sues California for Recycling Attack | OilPrice.com. Exxon Mobil has filed a lawsuit against California Attorney General Rob Bonta and environmental groups, accusing them of defamation and reverse greenwashing in response to prior allegations of misleadi
#Business #USA #North America
#oilprice.com. × #Jan.07.2025 Alberta Teams Up With Enbridge to Boost Pipeline Capacity | OilPrice.com. Alberta's government is partnering with Enbridge to expand pipeline capacity and boost oil production, focusing on streamlining construction and using oil and gas revenue to fund the project.
#Business #Canada #North America
#oilprice.com. × #Jan.07.2025 U.S. Adds Chinese Oil Major and Shipping Line to Military Blacklist | OilPrice.com. The US added China's state oil company CNOOC and shipping giant Cosco to a military blacklist, potentially impacting their US business operations.
#Business #China #USA #Asia #North America
#oilprice.com. × #Jan.06.2025 European Gas Depleting At Fastest Pace In Seven Years | OilPrice.com. Europe’s vast natural gas inventories are currently depleting at the fastest clip since 2018 as cold weather ramps up heating needs
#Business #Weather #Europe
#oilprice.com. × #Jan.06.2025 Officials Declare Emergency As Oil Spill Reaches Crimea | OilPrice.com. Russian-appointed officials have declared an emergency after oil was detected on the shores of Sevastopol
#Business #Russia #Europe
#oilprice.com. × #Jan.06.2025 Germany And Italy Have Replaced Russian Gas Via Ukraine | OilPrice.com. Central European gas flows have fully adapted to the end of Russian gas supply via Ukraine, with Germany and Italy making up the shortfall
#Business #Russia #Germany #Ukraine #Italy #Europe
#oilprice.com. × #Jan.06.2025 Top Gas Turbine Maker Bets on Taiwan as Country Phase Outs Nuclear | OilPrice.com. One of the top natural gas turbine makers in the world, GE Vernova, sees big opportunities in Taiwan, which is set to phase out nuclear this year and needs more gas-fired generation to power its chip-m
#Business #Asia #Taiwan
#oilprice.com. × #Jan.06.2025 Sudan Lifts Force Majeure on Oil Flows to Red Sea Port | OilPrice.com. Sudan has lifted the force majeure on oil exports from South Sudan, allowing for the resumption of crude oil transportation through its territory.
#Business #Politics #Sudan #Africa #South Sudan
#oilprice.com. × #Jan.06.2025 Biden Bans Oil Drilling in Huge Coastal Areas Ahead of Trump Inauguration | OilPrice.com. Biden permanently bans offshore drilling across 625 million acres of U.S. coastal waters, citing environmental risks.
#Business
#oilprice.com. × #Jan.06.2025 Biden Administration Plans More Sanctions on Russian Oil Exports | OilPrice.com. The Biden Administration is preparing new sanctions targeting Russian oil tankers that exceed the $60 per barrel price cap, aiming to disrupt Russia’s oil revenues and support Ukraine.
#Business #Politics #Russia #Ukraine #USA #Europe #North America #Americas
#oilprice.com. × #Jan.06.2025 India Looks to Expand Strategic Petroleum Reserve Sites | OilPrice.com. India, the world's third-largest oil importer with surging demand, is building new strategic petroleum reserves and inviting private companies to participate in the project.
#Business #Asia #India #Americas
#oilprice.com. × #Jan.06.2025 Saudi Arabia Hikes Its Oil Prices to Asia as Supply Tightens | OilPrice.com. Saudi Arabia raised the price of its crude oil for Asia in February more than expected, capitalizing on tightening global oil supplies due to OPEC+ cuts and reduced volumes from Iran and Russia.
#Business #Russia #Europe #Asia #Iran #Saudi Arabia
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