Oil prices slipped on Friday, with some supply concerns easing on expectations that crude exports would resume from Kazakhstan’s CPC terminal, while the European Union remained split on whether to Continue Reading
1. OPEC Exports Underwhelm Despite High Prices Source: Kpler. – The Russia-Ukraine war has taken OPEC heavyweights out of the public limelight, somewhat concealing the fact that the 400,000 b/d Continue Reading
Since Monday, the national average for a gallon of regular gasoline has decreased by two cents to $4.23. According to new data from the Energy Information Administration (EIA), total domestic Continue Reading
Governments increasingly turn to ordinary citizens as need for power conservation becomes more urgent The Tokyo Tower is partially lit as part of energy-saving measures in Tokyo on March 22. Continue Reading
California diesel prices climbed 52.5 cents a gallon this week in the San Francisco Bay market because of a hydrotreater outage at Chevron Corp’s (CVX.N) Richmond, California, refinery, said West Continue Reading
Gas Prices Top $6 Per Gallon in California California Governor Gavin Newsom’s proposal to give $400 to every car owner to offset record-high gasoline prices has prompted criticism that it Continue Reading
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to the Dallas Fed Energy Survey. In the organization’s Continue Reading
Oil prices slipped on Friday, with some supply concerns easing on expectations that crude exports would resume from Kazakhstan’s CPC terminal, while the European Union remained split on whether to Continue Reading
Crude prices declined in volatile trading on Thursday as investors assessed the potential for new supply in tight markets amid prospects of a new Iran deal. Brent futures were down Continue Reading
Damage at the CPC terminal in Kazakhstan may take up to 1 million bpd of crude oil off the market. Trafigura’s co-head of oil trading Ben Luckock said that an Continue Reading
