European oil companies want to follow in Chevron’s footsteps to operate in Venezuela
In November, US authorities gave Chevron the green light to continue its operations in Venezuela. Since then, expectations are focused ...
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Tag: Oil
China wants to take advantage of Russian weakness and buy cheap oil
The war in Ukraine is generating gigantic expenses for Russia and its finances are no longer what they used to ...
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OPEC+ is ready for a new production cut
Experts warn that the price of crude oil will exceed $110 dollars per barrel next year. The oil cartel is ...
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China’s raw material imports, a thermometer of the global economy
Chinese customs data are very interesting to anticipate stock price movements based on what could happen with the Asian giant's ...
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Leading oil companies report extraordinary profits in the quarter
Leading oil companies report record earnings. Both in America and Europe have benefited from the inflationary context. Chevron and Exxon ...
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Oil prices rise, but several factors raise concerns for the future
Oil prices rise although everyone looks to the Fed this week. In the US, gasoline demand falls due to inflation. ...
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Oil prices fall due to lower gasoline demand in the U.S
Crude oil inventories decreased by 446,000 barrels. The inflationary effect causes demand to be lower. Another influential factor is the ...
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OPEC sees slight drop in oil demand in 2023
OPEC reports that oil demand will continue to rise in 2023. The forecast for 2022 remains at 3.36 million bpd. ...
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Macron calls for imposing price controls on oil market
Cutting off Russia's source of financing is one of the priorities on the agenda resulting from the G-7 meeting. But ...
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