OPEC+ has repeatedly postponed increases crude oil volumes in the faces of weak demand and rising supply from rivals.
EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.
Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.
China, OPEC+ and the Middle East continue to feed volatility into the oil market.
Brent crude futures fell 0.1% and WTI crude futures gained 0.1%.
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.
Continental Resources Chairman Harold Hamm helped raise millions of dollars for Donald Trump’s campaign—and he’s got a laundry list of energy goals for the next administration to tackle.
Baker Hughes and SOCAR expect to recover flare gas equivalent up to 7 million normal cu. m of methane per year and further reduce CO2 emissions by up to 11,000 tons per year.
Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
The return of Donald Trump to the U.S. presidency could have both positive and negative impacts on the oil market.