OPEC+: Reuters Leaks on Oil Plans Again
Reuters and its anonymous sources are again stirring the oil market. This time, the wire says OPEC+ is preparing another supply hike in November, with Saudi Arabia pushing for something…
USA Rare Earth Stock Surges on White House Talks
Shares of USA Rare Earth (NASDAQ: USAR), which looks to develop a domestic rare earth magnet supply chain, surged by 23% late on Thursday and another 14% in pre-trade on…
Kazakhstan Supports OPEC+ Oil Production Hikes
Kazakhstan backs the OPEC+ group’s decision to reverse part of the production cuts, Kazakh President Kassym-Jomart Tokayev said on Friday. “The president has emphasized Kazakhstan’s support for the decision by…
Putin: Oil Prices Could Soar Past $100 Without Russian Crude
Amid rising global energy demand, oil prices could jump above $100 per barrel if Russia’s oil is pushed out of the market, Russian President Vladimir Putin said on Friday. “It’s…
Helium market faces rare oversupply as Russian volumes reshape global balance
For the first time in years, the global helium market is experiencing excess supply, with Russian volumes flooding into Asia and softening demand for new container builds in the US.…
Helium market faces rare oversupply as Russian volumes reshape global balance
For the first time in years, the global helium market is experiencing excess supply, with Russian volumes flooding into Asia and softening demand for new container builds in the US.…
India Eyes Long-Term U.S. LPG Supply
India’s biggest state-owned oil companies seek long-term supply of liquefied petroleum gas (LPG) from the United States for the first time, according to tender documents Bloomberg has reviewed. Indian Oil…
Fire Erupts at Chevron Refinery in California
Following an explosion of a yet-to-be-determined nature, a large fire broke out on Thursday night at Chevron’s El Segundo refinery in the Los Angeles area. The fire, which was first…
U.S. Backs Historic Deal to Keep Kurdish Oil Moving
The U.S. Administration wants to ensure that the just-restarted oil exports from Iraq’s semi-autonomous region of Kurdistan continue to flow via pipeline to Turkey in the long run, an anonymous…
Solar Could Help Iraq Boost Oil Exports by 250,000 Bpd
Iraq could ramp up its crude oil exports by some 250,000 barrels daily as it saves this amount from local consumption with the help of several solar power projects. Zawya…
