What's Affecting Oil Prices This Week? (Nov. 18, 2024)
For the upcoming week, the price of Brent crude could test its support at $70 and if the price breaks below this level, the price of Brent could fall to $66.
What's Affecting Oil Prices This Week? (Nov. 11, 2024)
The return of Donald Trump to the U.S. presidency could have both positive and negative impacts on the oil market.
Energy Transition in Motion (Week of Nov. 8, 2024)
Here is a look at some of this week’s renewable energy news, including a solar panel deal involving a 5-gigawatt solar module facility south of Dallas.
OPEC Outlook: US Shale Oil Volumes to Hit 16.7 MMbbl/d by 2030
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
CNOOC’s Long Lake Northwest Project Begins Crude Production
CNOOC’s Long Lake Northwest project will reach a peak production of 8,200 bbl/d of crude in 2025.
Moelis’ Cantor: Trump to Make American Energy Investable Again
Former GOP Majority Leader Eric Cantor, vice chairman and managing partner at Moelis, said EV subsidies are likely to be in the president’s crosshairs in his second term.
A Tale of Two Strategies: How Baker Hughes, NOV are Traversing the Natural Gas Age
Natural gas demand is on the rise, and with that comes a flurry of measures to capitalize on evolving market needs. How are Baker Hughes and NOV navigating the changing energy landscape?
Harris or Trump? Majors’ CEOs Say ‘Nothing's Going to Change’
The captains of BP, Shell, Petronas and Eni see the U.S. election as a short-term event, although the results could raise tensions with China and put the fate of the Inflation Reduction Act up in the air.
What's Affecting Oil Prices This Week? (Nov. 4, 2024)
For the upcoming week, with the increased geopolitical risk and OPEC+’s delay in phasing out its production cut, Stratas Advisors expect that the price of Brent crude could test $77.
First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes
First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.