Energy Newswatch: Oil |
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Oil Plunges as US Stockpiles Grow |
01 Feb 2023 20:46:53 UT |
Oil prices fell the most in about a month as government data showed US crude inventories swelled to the highest levels since June 2021. The Energy Information Administration’s report on Wednesday... |
OPEC+ committee recommends staying course on oil output policy |
01 Feb 2023 20:44:43 UT |
VIENNA, Feb. 1 (Xinhua) -- Leading oil officials on Wednesday recommended to maintain the current oil output policy of OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and its... |
Natural Gas Confirms its Bearish Stance |
01 Feb 2023 20:23:46 UT |
Natural gas falls deeper into oversold territory as a new bearish trend continuation signal triggered. The 14-Day RSI reached 25.56 Wednesday, the most oversold since February 2017, nearly six years... |
Researcher hoping to capitalize on valuable untapped natural gas resources |
01 Feb 2023 20:24:00 UT |
MORGANTOWN, W.Va. — Natural gas is a booming industry in West Virginia and the United States, accounting for more than 38 percent of the nation’s total energy consumption. One West Virginia... |
EU struggles to agree Russian oil product price cap, seeks Friday deal |
01 Feb 2023 20:31:23 UT |
EU countries will seek a deal on Friday on a European Commission proposal to set price caps on Russian oil products, after postponing a decision on Wednesday amid divisions between member states,... |
Natural gas continues southwards, hitting mid-$2 levels |
01 Feb 2023 13:12:31 UT |
By Barani Krishnan Investing.com -- Natural gas futures continued their journey southwards Wednesday as bears retained their chokehold on the market despite expectations that storage of the heating... |
Schumer Says Senate May Add Russia, Iran to House Bill Ending Strategic Oil Sales to China |
01 Feb 2023 20:20:16 UT |
WASHINGTON (UrduPoint News / Sputnik - 02nd February, 2023) The US Senate may add countries including Russia and Iran to a bill passed by the House of Representatives banning sales from the... |
Biden administration takes another step toward advancing a controversial oil drilling project in Alaska | CNN Politics |
01 Feb 2023 15:01:00 UT |
The Interior Department’s Bureau of Land Management advanced the controversial Willow oil drilling project on Alaska’s North Slope, releasing the final environmental impact statement before the... |
Bill would let utilities recover the cost of natural gas plants during construction |
01 Feb 2023 20:01:00 UT |
A state House bill, HB 1421, would allow utilities to recover the cost of natural gas plants as they’re being built — easing those costs into customers’ bills over a longer period of time. It’s... |
‘OPEC does not control the price’: OPEC President |
31 Jan 2023 23:42:07 UT |
Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, will meet virtually on February 1. The meeting comes as the price of oil has rallied towards... |
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