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HomeCrude Oil News

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Crude Oil News

Daily Energy Standup Episode #275 – Wind Farm Challenges, Oil Price Forecasts, and Global Tensions Unveiled

December 21, 2023 Andy Del Prado

Daily Standup Top Stories Another Offshore Wind Farm Hits the Dust December 20, 2023 Stu Turley Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its […]

Russia
Crude Oil News

Russia’s Oil Exports to China and India Surge

December 20, 2023 Mariel Alumit

Russia has increased significantly its crude oil exports to China and India this year, with volumes to China hitting 100 million tons annually, or around 2 million barrels per day, Nikolay Tokarev, the head of […]

Oil
Crude Oil News

Analysts Say Oil Prices Unlikely To Hit $100 In 2024

December 20, 2023 Mariel Alumit

OPEC+ faces record-breaking U.S. oil production and rising supply from other non-OPEC+ producers, including Brazil, Guyana, Canada, and Norway. Barring a major geopolitical escalation resulting in a large supply outage, oil prices are unlikely to […]

Russian oil
Crude Oil News

EU countries get Russian oil exemption – Reuters

December 20, 2023 Stu Turley

Brussels will allow Slovakia to export fuel produced from sanctioned crude to the Czech Republic for another year The European Union has granted Slovakia a year-long exemption allowing it to export fuel processed from Russian […]

Climate Crisis

Daily Energy Standup Episode #274 – Navigating Challenges and Strategies in Global Energy Dynamics

December 20, 2023 Andy Del Prado

Daily Standup Top Stories Energy Workforce: Biden’s Gulf of Mexico leasing auction “detrimental” to U.S. energy supply December 19, 2023 Mariel Alumit (WO) – Energy Workforce & Technology Council released the following statement rebuffing the newly […]

Oil Prices
Crude Oil News

OPEC+ Enters 2024 With `Wait and Hope’ as Its Strategy

December 19, 2023 Stu Turley

Any weakness in oil demand or increase in supply — or both — could push the market into a surplus next year. Saudi Energy Minister Prince Abdulaziz bin Salman is apparently keen on Alexandre Dumas, often […]

Strategy
Crude Oil News

Strategy to End Iran’s Aggression

December 19, 2023 Mariel Alumit

History continues to offer lessons and strategy to Washington if only the Biden Administration had the wisdom to hear it. Eighty years ago, the allies quickly realized that both Nazi Germany and Imperial Japan fed […]

Biden
Crude Oil News

Biden Govt Sets Only Three Fossil Fuel Leases for 2024-29

December 19, 2023 Mariel Alumit

The Biden administration has cut the number of lease sales in the United States outer continental shelf (OCS) from the previously proposed 47 to just three in the final oil and gas leasing program for […]

Permian
Crude Oil News

Permian operator Callon Petroleum mulls options amid buyer interest

December 19, 2023 Stu Turley

World Oil (Bloomberg) — Permian Basin operator Callon Petroleum Co. is considering strategic options amid takeover interest from rival oil and gas players, people familiar with the matter said, as dealmaking accelerates in the U.S. […]

Crude Oil News

Daily Energy Standup Episode #273 – Duke’s Rate Hike, BlackRock Lawsuit, and Global Supply Chain Concerns

December 18, 2023 Andy Del Prado

Daily Standup Top Stories Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon Mandates December 18, 2023 Mariel Alumit Duke Energy has thrown consumers under the proverbial (electric) bus to make their […]

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