Nigeria upped its production by 110,000 bpd, while Iran’s output reached its highest since 2018, exempt from OPEC+ cuts because of U.S. sanctions. Saudi Arabia maintained its commitment to pumping approximately 9 million bpd in […]
Oil prices started the week of Oct. 9 off with a surge as the war between Israel and Palestinian Islamist militant group Hamas entered its third day, but by the fourth day oil prices had […]
Daily Standup Top Stories Nano Nuclear Thinks It Will Be ‘First Company to Sell Microreactors,’ With 2030 Target October 11, 2023 Allen Santos Authored by Nathan Worcester via The Epoch Times (emphasis ours), During a wide-ranging […]
OPEC general secretary Haitham al-Ghais criticizes calls to halt investments in new oil projects, labeling it an “extremely risky narrative.” Amid contrasting views with the IEA, OPEC’s latest oil outlook expects global oil demand to […]
Daily Standup Top Stories Major headwinds threaten off-shore wind targets October 10, 2023 Mariel Alumit The pervasive narratives about off-shore wind in recent years have been that costs are falling, and that wind power is cheap. […]
Representatives from the oil industry and from OPEC will attend the COP28 climate summit in Dubai next month, OPEC Secretary General Haitham Al Ghais said on Tuesday. “The oil industry will be at COP and […]
By Simon Watkins of Oilprice.com In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing round on […]
Daily Standup Top Stories Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next. October 9, 2023 Mariel Alumit Oil prices were climbing sharply on Monday in reaction to the attack on Israel by […]
OPEC raised forecasts for global oil demand through to the middle of the century, even as the world shifts away from fossil fuels to avert catastrophic climate change. Oil consumption will climb 16% over the […]
HOUSTON, Oct 4 (Reuters) – Global crude oil prices could rise to $100 a barrel based on the OPEC+ decision on Wednesday to maintain supply cuts, the chief economist of Norwegian oil and gas company […]
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