The American Petroleum Institute (API) reported a large build this week for crude oil of 4.762 million barrels, while analysts predicted a draw of 1.933 million barrels.
UK Approves 25% Windfall Tax On Oil And Gas ProducersAPI Reports Large Inventory Build As Oil Falls Back Below $100IEA Director: Price Cap On Russian Oil Should Extend To FuelsOPEC Remains 1 Million Bpd Below TargetThe White House Believes OPEC Has The Capacity To Boost ProductionOil Prices Rebound Following Morning DropExxon CEO Says All New Cars Will Be Electric By 2040Spain Calls On Firms To Minimize LNG Imports From RussiaRussian Court Overturns Suspension Of Caspian Pipeline Consortium...
Production FurtherNatural Gas Pipeline Explodes Southwest Of HoustonShell Continues Exporting LNG From Australian Facility Despite StrikeBuffett Buys Another $700 Million In Occidental SharesChinese Imports Of U.S. Coal Collapse By 67%Norway’s Hydropower Reserves Hit Hard By DroughtU.S. Greenlights Liquified Petroleum Gas Exports To VenezuelaShell Reverses $4.
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API rate limits at core of Musk’s decision to ditch TwitterClaims he got less access to data than paying customers and was forced to endure the indignity of a PDF
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OPEC Remains 1 Million Bpd Below Target | OilPrice.comThe ten OPEC producers in the OPEC+ pact pumped 24.8 million barrels per day (bpd) of crude oil in June, OPEC data showed on Tuesday, with production falling 1 million bpd short of the target levels.
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French Industry Switches To Oil From Gas Amid Uncertainty Over Russian Supply | OilPrice.comMajor energy-intensive industries in France look to convert gas boilers to run on oil as French and European businesses prepare for another decline or a complete halt of Russian gas deliveries to Europe, Reuters reports.
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Russia’s Plan To Cut Off Kazakh Oil Supplies To Europe | OilPrice.comThe European oil market is already incredibly tight and will soon face a supply crunch as its embargo on seaborne Russian oil imports comes into effect.
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Oil Price Crash Undermines OPEC’s Optimistic Demand Forecast | OilPrice.comToday's oil price crash highlights the downside risks that OPEC's 2023 demand forecast appears to overlook. Economic growth and a covid recovery in China are far from certainties next year.
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IEA Director: Price Cap On Russian Oil Should Extend To Fuels | OilPrice.comhe G7 idea to place a price cap on Russian oil should include a cap on the prices of gasoline and diesel, too, Fatih Birol, Executive Director of the International Energy Agency (IEA)
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