Sunday, November 27, 2022

Energy

Saudi Aramco is now facing the cost of a useless oil price war

It was clear to everybody that the recent Saudi started oil price war would finish with much horrible failure for the Saudi oil producers, just like the past 2014-2016 effort did, which was also started for the same reasons. For...

KSA oil shipments to United States drop to 35-year low

This spring, Saudi Arabia drove Republicans anger in Washington by delivering a fleet of tankers to the United States to sink American oil producers with the cheapest crude. In August, America just bought 264,000 barrels per day of Saudi crude...

Volvo chief executive signifies government-backed charging infrastructure for electric cars

On Tuesday, Volvo Cars' chief executive said plug-in hybrids as a well-known idea, but that concept is looking for governmental support to develop charging infrastructure. PHEVs or plug-in hybrid cars are those vehicles that carry an internal combustion engine and...

Oil industry had accomplished its best quarter in thirty years

During the three months through the end of June, oil prices just listed their finest quarterly presentation in thirty years, demonstrating a dramatic response after dropping to record in April. Oil prices just had their best quarter in 30 years...

Global oil prices drop for 2nd time as COVID-19 spike

On Monday, oil prices slipped again for the 2nd straight session as COVID-19 infections climbed up in the U.S. and many other countries, and those nations have to implement partial lockdowns that would definitely cut fuel demand. Brent crude, the international benchmark,...

Two top crude oil price reporting agencies initiate new US crude benchmarks

On Friday, two dominant oil price reporting companies individually projected novel United States crude benchmarks, as an effort to compete with the United States WTI (West Texas Intermediate) for future agreements. Two leading oil price reporting agencies separately launched new...

The United States oil slips below $11 a barrel

Oil prices of the United States are still continuously dropping, and investors have to face worry about an overproduction of crude at such time when nobody wants amid Coronavirus. On Tuesday, during Asian trading hours, West Texas Intermediate (WTI) plunged...

Stock futures climb despite oil market facing trouble

United States equity futures are signaling to a big open righter after the day when stocks are harshly suffering by another nasty dive. On Wednesday, at the time when trading starts, primary futures pointing a growth of one percent. As oil...

With negative oil worth, President Trump to make Strategic Petroleum Reserve historic buying opportunity

For the time in the history of the oil market, oil prices fell deeply and wonder experienced energy experts and veterans; meanwhile, Mr. Trump decided to turn bloodletting into a chance for the U.S. Donald Trump said that based on...

Crude declines on oversupply concerns

On Wednesday, oil prices fell consistently by oversupplying and oil market severely crushed by the pandemic coronavirus, which had halted the movement of flights, factories, and automobiles. On Wednesday, IEA ( The International Energy Agency) predicted that twenty-nine million barrel...

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Ex-Kentucky Governor John Y. Brown Died at 88

John Young Brown Jr., a Democrat who served as the 55th Governor of the Commonwealth of Kentucky (1979-1983) and...