World Oil (Bloomberg) –France has joined a group of countries and states that support fixing a date to end fossil fuel exploration, putting its name to an initiative that was snubbed by the UK The Beyond Oil and Gas Alliance (BOGA) represents a rare supply-side initiative to cut hydrocarbon production. The group, which was created by Denmark and Costa Rica
Concerns over rising inflation, ongoing supply chain bottlenecks, and the Fed’s taperi…
Nasdaq LONDON, Nov 11 – Oil prices are expected to stabilise near current levels over the next few months, then decline progressively over the course of next year, according to the latest forecasts from the U.S. Energy Information Administration. The EIA expects output increases from OPEC+, U.S. shale firms and other oil producers will outpace slowing growth in consumption, helping
Nasdaq LONDON, Nov 11 – OPEC on Thursday cut its world oil demand forecast for the last quarter of 2021 as high energy prices curb the recovery from COVID-19, delaying the timeline for a return to pre-pandemic levels of oil useuntil later in 2022. The Organization of the Petroleum Exporting Countries in a monthly report also raised its supply forecast from U.S.
Natural Gas Inventories as of November 5, 2021 The EIA has released its natural gas inventory report, showing a net increase of 7 Bcf as of November 5, 2021. Working gas in storage was 3,618Bcf as of Friday, November 5, 2021, according to EIA estimates. This represents a net increase of 7 Bcf from the previous week. Stocks were 308
Rising oil and natural gas prices have benefited the industry so far this year. However, the …
World Oil WASHINGTON (Bloomberg) – President Joe Biden faces growing pressure even from fellow Democrats to address rising gasoline prices with measures such as a ban on oil exports, a move that could upend global markets, discourage shale drilling and end up not helping American drivers that much. It was only six years ago that Congress lifted a 40-year-old ban
Canada’s primary equities benchmark displayed grit once more in the first week of No…
New York, Nov. 11, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the r…
P&F Industries, Inc. Reports Results For The Three And Nine-Month Periods Ended Septe…
New York, Nov. 11, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the r…
Inflation and strong demand for crude oil from the reopening global economy and controlled su…
