SINGAPORE/SEOUL, April 3 (Reuters) – The OPEC+ group’s surprise additional production cuts could push oil prices back towards $100 a barrel, tighten the market and encourage refiners to diversify supplies, analysts and traders said. […]
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/File Photo April 3 (Reuters) – U.S. natural gas prices last […]
FRANKFURT, April 3 (Reuters) – An oil production target cut announced by some of the world’s top exporters is bad news for the European Central Bank as it tries to bring down inflation but will […]
Sunday’s surprise OPEC+ production cuts have redefined the outlook for crude prices, bringing $100 a barrel back into the frame.Prior to the announcement, the cartel’s own numbers suggested the group would need to pump more […]
OPEC+’s surprise move to cut 1 million barrels a day of oil production is poised to raise US fuel prices just as President Joe Biden is expected to launch his re-election campaign. He has a limited range […]
OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy. It’s a significant […]
Senator Joe Manchin stepped up his fight with the Biden administration over its implementation of the president’s signature climate bill in a way Manchin says over-emphasizes clean energy technology, turns away from fossil-fuel production and […]
Russia has decided to keep its oil production at a reduced level through 2023 amid high volatility in the global market, said Deputy Prime Minister Alexander Novak.Russia had previously pledged to cut its crude-only output […]
Feedgas to those LNG export plants climbed after Freeport LNG’s facility in Texas exited an eight-month outage in February and returned to near full power this week. Freeport LNG shut in June 2022 after […]
More than a year in the making, a draft blueprint to rid North Carolina’s transportation sector of carbon emissions is largely a “plan to make a plan” that doesn’t reflect the urgency of the climate […]
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