Energy News
- From businessday.ng|2 hr 5 min ago
Reports have indicated that Nigeria government’s efforts to curtail crude oil theft in the oil producing region has failed to yield the desired results as loses increased from 100,000 barrels/day in 2013 to 400,000 barrels/day in 2023. The report released weekend is a production of several months of deep investigation carried out by public policy firm, ...
- From apnews.com|Jun 13, 2024
Damage to a utility’s power equipment by gunfire found in Durham was associated with an outage that left hundreds of people without power earlier this week, the company said. About 730 people experienced a power outage for about two hours on Monday after reports of “a fire and equipment failure” on Duke Energy’s power distribution grid, spokesperson Jeff ...
- From cmegroup.com|Jun 14, 2024
Refined Products Gasoline and diesel, along with jet fuel and fuel oil, are collectively called refined products because they are products that are made by refining crude oil. Oil refineries are large, complex industrial process facilities located around the world. The amount of gasoline and diesel produced from refineries depends on global refinery ...
- From ilna.ir|2 hr 41 min ago
The CEO of National Iranian Oil Company has said that with the implementation of the development and exploitation plan of Changuleh and Bandkarkheh fields and the purchase of crude oil processing services, 80,000 barrels per day will be added to the country's oil production capacity. He said that with the finalization of these plans, about 17 billion ...
- From whitehouse.gov|34 hr ago
Today, as part of the Summit for Peace in Ukraine and her sixth meeting with Ukrainian President Volodymyr Zelenskyy, Vice President Kamala Harris is announcing that the United States will provide over $1.5 billion through USAID and the State Department to support the people of Ukraine. From USAID, this includes $500 million in new funding for energy ...
- From fxempire.com|Jun 14, 2024
video The natural gas markets have been back and forth during the session, perhaps a little bit negative, but really at this point in time, natural gas is overextended. We do have a significant amount of heat in the United States over the next several days, and markets had been banking on that. However, that’s already been priced in, so the question then ...
- From msn.com|15 hr ago|4 comments
It seemed like big news, and many wondered why the mainstream media had seemingly ignored it. Turns out, there was a very good reason. Earlier this week, reports circulating ...
- From channelnewsasia.com|7 hr ago
Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday (June 16) to celebrate a thaw in once-icy trade ties with Australia. The ...
- From usfunds.com|34 hr ago|5 comments
As we approach the halfway mark of 2024, I figured it’d be constructive to check in on the results of this year’s record-breaking elections. The numbers are particularly striking: ...
- From stats.gov.cn|2 hr 46 min ago
In May, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly ...
- From fxempire.com|Jun 14, 2024
video The natural gas markets have been back and forth during the session, perhaps a little bit negative, but really at this point in time, natural gas is overextended. We do have a significant amount of heat in the United States over the next several days, and markets had been banking on that. However, that’s already been priced in, so the question then ...
- From litefinance.org|Jun 14, 2024
Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
- From cmegroup.com|Jun 13, 2024
The world's two most relied-upon crude oil benchmarks are WTI, predominantly traded on CME Group, and Brent, its European peer. Their attractiveness to financial investors is subject to a number of moving parts: the underlying supply/demand balance, economic considerations, weather and geopolitics. The weekly reports of the Commitment of Traders provide a ...