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Tagged Under: oil supply
10/31/2023 / By Arsenio Toledo
European Union (EU) officials held an emergency meeting on Friday, Oct. 27, to discuss the potential for the continent to experience energy supply...
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10/27/2023 / By Belle Carter
Iraqi Prime Minister Mohammed Shia al-Sudani has warned that fighting between Israel and Hamas, which is on the brink of dragging other countries in...
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09/11/2023 / By News Editors
Most people think everything is fine. The Fed is getting inflation under control and soon they’ll be able to cut interest rates, keeping the...
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08/17/2023 / By Laura Harris
Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality...
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05/24/2023 / By Laura Harris
The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European...
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05/10/2023 / By Arsenio Toledo
Poland has threatened to cut off oil exports to Germany's PCK Schwedt Refinery if it does not completely remove a Russian company as a...
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02/13/2023 / By Arsenio Toledo
Russia announced on Friday, Feb. 10, that it will cut oil production by 500,000 barrels per day in March in retaliation for a United States- and...
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02/07/2023 / By Arsenio Toledo
The price of oil will rise back above $100 a barrel this year, and will continue rising in 2024 due to serious supply problems as spare production...
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11/21/2022 / By Arsenio Toledo
Two-thirds of all Russian seaborne oil exports are now heading to Asian countries as the country continues to divest itself from relying on the...
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11/01/2022 / By Mary Villareal
Another oil price surge is expected in December in the U.S. if a European embargo on Russian oil goes into effect and the Saudis refuse to increase...
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10/28/2022 / By Arsenio Toledo
Some of the United States' leading energy executives have spoken with Secretary of Energy Jennifer Granholm, warning her and the administration that...
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10/28/2022 / By Arsenio Toledo
Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel.
From...
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10/26/2022 / By Belle Carter
An economic expert blasted President Joe Biden's drawdowns from the U.S. Strategic Petroleum Reserve (SPR), saying that these failed to control...
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10/19/2022 / By Belle Carter
The Kingdom of Saudi Arabia (KSA) has confirmed that President Joe Biden's administration requested KSA to delay the Organization of the Petroleum...
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10/12/2022 / By Ramon Tomey
U.S. President Joe Biden said he will re-evaluate the country's ties with Saudi Arabia after the kingdom and its oil-producing allies announced a...
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10/12/2022 / By Mary Villareal
Ann Vandersteel, co-chair of the Zelenko Freedom Foundation (ZFF), said the supply cut announced by the Organization of the Petroleum Exporting...
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09/22/2022 / By Kevin Hughes
Gas prices are set to rise after the November 2022 midterm elections, coinciding with the end of President Joe Biden's raid on the Strategic...
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09/12/2022 / By Kevin Hughes
The Organization of the Petroleum Exporting Countries (OPEC) and its associated producers announced Sept. 5 that they will decrease oil production by...
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08/03/2022 / By Belle Carter
Portfolio managers were bullish on purchasing U.S. distillates last week as shortages in diesel and heating oil continue.
Hedge funds and other...
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08/03/2022 / By Kevin Hughes
Omar Haijawi-Pirchner, head of Austria's Directorate of State Security and Intelligence Service (DSN), has warned of possible riots this fall due...
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