China’s economic outlook and the Delta variant tanker were the most recent forces that led to crudes slip to open the month of August. Brent crude at writing was lower by 2.02% at $73.89/bbl while WTI slipped 2.31% and fell to $72.24/bbl. In mid-July OPEC+ met to discuss growing demand and supply increases. After some […]
Read MoreNorway Oil Firms – Union to resume wage talks
According to CNBC and Rueters, the dispute between the Lederne Drilling Union and the Norwegian Oil and Gas Association began when talks collapsed on Sept. 30, which prompting production outages from Oct. 5.
Read MoreSidestepping the Shutdown
With the partial government shutdown milling around out there, oil has found a way to stay the course. Seeing that energy production has become essential for the U.S. Economy, the Bureau of Land Management as issued exemptions for the energy fields. The Bureau of Land management is the governing body that oversees oil and gas […]
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