Oil prices closed higher today, back inside their YTD range, following OPEC's forecast that global oil demand will continue to increase strongly next year and exceed growth in supplies.
OPEC is publishing estimates for the year ahead a few months earlier than normal “to offer more tra (more…)
Authored by Mike Shedlock via MishTalk.com,
The climate fear-mongers are pressuring Biden to ban natural gas exports. Let’s discuss the ramifications.
Politco notes Biden’s Aides Weigh Climate Test for Natural Gas Exports.
“We know that the Biden administration really needs a climate win and in order for them to win.”
The public is more than a bit sick of the policies of this (more…)
Authored by Charles Kennedy via OilPrice.com,
Just days after similar protests shut down the country’s largest oilfield, Sharara, new protests against corruption and distribution of oil wealth have erupted again in Libya, threatening to shut down two oil and gas facilities within 72 hours.
The two facilities, at the Zawiya refinery, west of Tripoli, pump gas from the Mellitah complex, owned by Italian Eni and the Libyan National Oil Company (NOC), and halting operations (more…)
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