Supply and demand changes in December have been supportive of oil price's current less-bearish view so far, analysts say.
For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.
President-elect Donald Trump talks about reviving the famously controversial Keystone XL Pipeline while threatening tariffs on the nation where it originates
Enbridge estimates 1,650 bbl have leaked from its Line 6 before repair, an incident that has given fodder to opponents of another Enbridge project.
Allete Inc. announced its acquisition by the Canada Pension Plan Investment Board and Global Infrastructure Partners in May.
One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.
U.S. production and prices may increase; global cooperation may decrease; but Trump’s previous tariffs had less of an impact on import prices than the COVID pandemic.
However, the Department of Energy’s most recent report will likely be used in lawsuits against ongoing and future LNG export facilities.
Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?