Pietro D
Pitts
Hart Energy
Ecoanalítica: Venezuelan Oil Production, Economy to Grow in 2024
Venezuelan consultancy Ecoanalítica expects the OPEC country’s oil production and economy to grow in 2024—aided primarily by a recent license granted to the benefit of oil and gas companies by the U.S. government.
Oil Jumps More than 3% on Red Sea Tanker Attack, Reroutings
A Norwegian-owned vessel was attacked in the Red Sea on Dec. 18, causing shipping firms to avoid the route.
Red Sea Attacks Force Rerouting of Vessels, Disrupting Supply Chains
The Red Sea attacks have begun to affect energy shipments, with BP temporarily pausing all transits through the Red Sea and oil tanker group Frontline avoiding passages through the waterway.
Venezuelan Lawmakers Back Extension for PDVSA, Chevron Tie-ups
Venezuela's national assembly approved a 15-year extension for a pair of joint ventures between state-owned oil company PDVSA and U.S. major Chevron.
Global Energy Watch: Chevron and the US’ Geopolitical Chess Match with Venezuela
To allow Chevron Corp. to recoup outstanding debts in Venezuela, Washington has had to make two risky board moves in a geopolitical chess match with the South American country.
DUG Appalachia: Gas-averse Regions Put Selves at Mercy of Weather
Regions trying to wean themselves off natural gas, like New England and Europe, are at risk of an energy crisis in a harsh weather event, says BOK Financial’s Dennis Kissler.
Brent Crude Oil Closes Below $80 Ahead of OPEC+ Meeting
Prices tumbled midweek when OPEC+ postponed to Nov. 30 a ministerial meeting to iron out differences on production targets for African producers.
What's Affecting Oil Prices This Week? (Nov. 27, 2023)
A delayed OPEC meeting, Russian oil export sanctions, falling confidence in Chinese multinational companies and the Israeli-Hamas conflict are all playing a hand at affecting oil prices this week.
OPEC Meeting Pushed Back, Signaling Lack of Quota Consensus, Rystad Says
OPEC+ members recognize the need to cut production at their ministerial meeting, now set for Nov. 30, but the question is how to shoulder the burden, a Rystad Energy analyst said.
What's Affecting Oil Prices This Week? (Nov. 13, 2023)
For the upcoming week, Stratas Advisors forecast during the fourth quarter that oil demand will outpace supply by around 900,000 bbl/d.