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HomeCrude Oil News

Crude Oil News

Coal

China’s Lingering Oil Concerns

October 1, 2024 Andy Del Prado

Daily Standup Top Stories Oil, Natural Gas, and Coal Dominate U.S. Rail Freight September 30, 2024 Mariel Alumit U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, […]

Oil
Crude Oil News

Russia Expects Oil Price Volatility to Subside

September 30, 2024 Mariel Alumit

Russia’s Novak believes oil prices have already incorporated the geopolitical premium from Middle East tensions. Oil prices had spiked early on Monday morning after a weekend of significant escalation of conflict in the Middle East. […]

China
Crude Oil News

China Oil Demand Concerns Aren’t Going Away

September 30, 2024 Mariel Alumit

China’s economic woes and property crisis have been weighing on global oil demand consumption and growth expectations this year. Despite some renewed optimism in the wake of the Fed’s jumbo cut, concerns about China aren’t […]

Wyoming
Crude Oil News

Industry ‘concerned’ after lackluster Wyoming lease sale

September 30, 2024 Mariel Alumit

The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future of drilling on public lands there. […]

U.S. Rail Freight
Coal

Oil, Natural Gas, and Coal Dominate U.S. Rail Freight

September 30, 2024 Mariel Alumit

U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, oil, and natural gas, being the most common. Rail stands out for its safety record and sustainability, […]

Climate Crisis

Week Recap: Nuclear Gains, EV Costs, and Oil Shipping Surges

September 28, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon […]

Offshore Oil And Gas Lease Sales
Climate Crisis

Biden-Harris Admin Won’t Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 1958

September 27, 2024 Mariel Alumit

2024 will be the first year since 1958 that the Bureau of Ocean Energy Management held no offshore oil and gas lease sales. This year will be the first year since 1958 that the Bureau […]

Oil
Climate Crisis

Newsom’s War On Big Oil Continues, Calls Them The ‘Polluted Heart Of The Climate Crisis’

September 27, 2024 Mariel Alumit

Gov. Newsom signed laws further restricting oil and gas facilities in Calif., aiming to close wells, penalize idle sites, and push California toward ‘green’ energy. Gov. Gavin Newsom (D) traveled to Baldwin Hills to sign […]

VLCC
Crude Oil News

VLCCs change hands at a rapid clip

September 27, 2024 Mariel Alumit

With VLCC earnings in solid territory, it’s no surprise that fresh sales emerge weekly in broking reports across the globe. The latest deals involve two rusty vessels. First, a 2005-built 300,000 dwt VLCC named Sake, […]

Crude Oil News

2024 Natural Gas Slump

September 26, 2024 Andy Del Prado

Daily Standup Top Stories Russia Ramps Up Arctic Oil Tanker Shipping to a New Record September 25, 2024 Stu Turley 15 oil tankers have crossed the Arctic waters so far this year With a month to […]

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