Switzerland will release oil from its emergency reserves as it lowers the obligatory levels of petroleum stocks by 6.5% due to low water levels on the Rhine River and chaos in railway transportation
Pierre Andurand Sees Oil Demand Surprising To The UpsideEnergy Spat Between Mexico And The U.S. EscalatesExxon Plans Another 35 Wells Offshore GuyanaSpain, Portugal, Greece Reject EU 15% Gas Usage CutRussia Blames Western Sanctions For Lower Gas Supply To EuropeConocoPhillips Considers Exiting U.S. Gulf Of MexicoShell Seeks $1.
5 Billion From Gulf Of Mexico Asset SalesBiden Fails To Declare ‘Climate Emergency’, Vows To Use Executive PowerPutin: Even Launch Of Nord Stream 2 Can't Help With Europe's Gas ShortageBaker Hughes: Oil Market Faces“Unusual Set of Circumstances”EU Urges Countries To Cut Gas Consumption By 15%Russian And Iran Ink $40 Billion Oil And Gas AgreementU.S. Gasoline Prices Fall Below $4.
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Biden Fails To Declare ‘Climate Emergency’, Vows To Use Executive Power | OilPrice.comAs anticipated, U.S. President Joe Biden refrained from declaring a climate emergency, which would grant him additional powers to deal with a national climate crisis, during his speech Wednesday at the site of a former coal plant in Massachusetts
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Baker Hughes: Oil Market Faces“Unusual Set of Circumstances” | OilPrice.comBaker Hughes missed analyst forecasts of adjusted earnings as it reported on Wednesday a set of what it said were “mixed results” for the second quarter of 2022 due to supply-chain inflation and revenue losses
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Europe Does A Complete U-Turn On African Oil And Gas | OilPrice.comAs European governments race to secure every drop of natural gas that they can, consumers in countries like Nigeria and Mozambique are losing out.
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Novak: Russia Will Not Export Oil If Price Cap Is Below Production Cost | OilPrice.comRussia will not supply oil to the global markets if the price cap being discussed is set at a level below Russia’s cost of production, Russian Deputy Prime Minister Alexander Novak told state television on Wednesday
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The Middle East Oil Bonanza Will Slow In 2023 | OilPrice.comWhile high oil prices have driven strong revenues for Middle Eastern oil producers in 2022, economic growth will likely slow next year
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Putin Calls Saudi Crown Prince To Discuss Oil Market, OPEC+ | OilPrice.comRussian President Vladimir Putin had a phone conversation with Saudi Arabia’s Crown Prince Mohammed bin Salman to discuss the oil market and OPEC+.
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