Brent crude has climbed above $80 a barrel for the first time since early May, a sign that supply is gradually tightening and demand growing. The oil prices gains came despite data showing U.S crude inventories jumped by nearly 6 million barrels last week
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Crude, Product Inventories Rise Amid Oil Price RallyChina Shaking Up Its Power, Oil, And Gas MarketsSugar-Based Flow Battery Could Accelerate The Energy TransitionA New Natural Gas Pipeline In The Barents Sea Could Cut Europe’s Reliance On LNGPetrobras Seeks Natural Gas Supply Deals To Lower Brazilian PricesWarren Buffett Takes Majority Ownership Of LNG ProjectTesla Sells And Exports More Chinese-Built Cars In JuneIdle Refineries Could Complicate Russia’s Oil Export CutsNorway Makes Biggest...
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Brent Venables vows to return OU to national prominence: Will his roster flip work?Brent Venables acknowledges Oklahoma fell “incredibly short” of expectations last year. He can talk philosophically for days about the culture of Sooner football and building his program. But he needs to win in Year 2, writes max_olson.
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Brent Breaches $79 On OPEC's Production Cut Pledges | OilPrice.comOil prices climbed on Tuesday as the oil markets began to believe the narrative that oil could tighten in the second half of the year.
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Russia’s Crude Oil Exports Start To Show Signs Of Decline | OilPrice.comAfter months of high crude oil exports by sea, Russian shipments have started to show the first signs of a decline as they dropped below the levels from February, the baseline for Russia’s oil production cut of 500,000 bpd that Moscow says began in March
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Oil Prices Move Down On Large Crude Inventory Build | OilPrice.comCrude oil prices moved lower today after the U.S. Energy Information Administration reported an inventory increase of 5.9 million barrels for the week to July 7.
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Secretive Indian Company Linked To Russian Oil Disappears Amid Scrutiny | OilPrice.comA secretive Indian company that rose to infamy for its role in shipping Russian oil has disappeared suddenly and mysteriously
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From Boom To Gloom: Saudi Arabia’s Economy Dips Due To Voluntary Oil Cuts | OilPrice.comThe oil-dependent Saudi economy was the fastest-growing G20 economy in 2022, driven by high oil production and prices; however, oil cuts are projected to reduce its economic growth to 2.1% this year.
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