Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According […]
The Red Sea facilitates approximately 12 percent of global trade, including 30 percent of global container traffic. Shipping times vary by the size of the vessel, but large container vessels take approximately 25 days to […]
Yahoo Finance (Reuters) –Oil prices fell 2% on Thursday, largely unwinding an earlier rally, as massive weekly gasoline and distillate stock builds overshadowed a larger-than-expected crude stock draw. Brent crude fell by $1.57, or 2%, […]
IER . Commentary Contact The Expert Key Takeaways Exxon has proposed buying Pioneer Natural Resources and Chevron has proposed buying Hess. If the mergers succeed, Exxon and Hess will represent about 4.2 percent of the […]
The Biden administration on Friday finalized a plan to dramatically curb the number of offshore oil and gas lease sales over the next five years as it continues to aggressively push green energy development. The Department of the […]
Oil Price The global push for decarbonization hasn’t impacted either the access to external capital or the cost of capital for oil and gas companies, S&P Global Ratings and S&P Global Commodity Insights said in […]
Today Oil prices remained under pressure on Wednesday after sliding to their lowest in more than three months in the previous session, slipping further on concern over waning demand in the United States and China. […]
CNBC Oil rose on Friday, as the U.S. jobs market slowed more than expected last month, bolstering expectations of a pause in interest rate hikes in the world’s biggest consumer, but they remained on track […]
By Charles Kennedy of Oilprice.com The United States is likely to tighten the sanction enforcement on Iran’s crude oil exports over the Hamas-Israel war and the Iranian backing of Hamas, Helima Croft, the head of […]
CNBC Oil prices fell on Tuesday for the third straight session, after a flurry of slow economic data from Germany, the euro zone and Britain that weighed on the outlook for energy demand. Brent crude futures […]
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