Gasoline stocks fall 6.08 million barrels Implied demand hits 10.04 million b/d Crude stocks draw 6.87 million barrels US gasoline stocks moved sharply lower in the week ended July 2 Continue Reading
California’s power grid operator on Thursday issued a “flex” alert for Friday, asking consumers to conserve energy from 4 p.m. to 9 p.m. as high demand driven by extreme heat Continue Reading
Way back in March, a veritable eternity ago if you measure by the daily news cycle, Oilprice reported that high oil prices were coming down the pike, and while oil Continue Reading
Gasoline stocks fall 6.08 million barrels Implied demand hits 10.04 million b/d Crude stocks draw 6.87 million barrels US gasoline stocks moved sharply lower in the week ended July 2 Continue Reading
Mexican President Andres Manuel Lopez Obrador said on Wednesday that his government will create a new business within the state oil company Petroleos Mexicanos (PEMX.UL) to distribute liquefied petroleum gas Continue Reading
The Mexican government launched a quest against foreign oil companies operating in the country pretty much from day one in office. First, it suspended new oil and gas auctions and Continue Reading
U.S. crude oil production is expected to fall by 210,000 barrels per day (bpd) in 2021 to 11.10 million bpd, the U.S. Energy Information Administration (EIA) said on Wednesday, a Continue Reading
Denmark’s wind farm developer Orsted (ORSTED.CO) on Wednesday said it had submitted a bid to develop the Skipjack Wind 2 offshore wind farm in the state of Maryland in the Continue Reading
BofA’s Yazhari on Tight Oil Market, Spike in Prices The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand. Oil explorers will Continue Reading
U.S. Job Openings Reach Record High 9.2 Million in May U.S. job openings rose to a fresh record high in May, underscoring persistent hiring difficulties and reflecting more vacancies in Continue Reading
