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CBS News Cyberattacks are the "perfect weapon," energy exec says amid Colonial Pipeline hack fallout The massive hack of Colonial Pipeline by a Russian-based criminal group has rattled the United States national security sphere and spurred financial concerns as millions of Americans rush to their local gas pump — and there's probably more coming, a top energy executive warns. "This is a story about the rise in cyber attacks. I mean, it's the perfect weapon, as David Sanger says, it's a short-of-war weapon," Helima Croft, a member of the National Petroleum Council and the Global Head of Comm...

4 hours Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil 7 hours Biden Could Subsidize Nuclear Power To Reach U.S. Climate Goals 10 hours Environmentalists: BlackRock’s Exxon Vote Is Moment Of Truth 11 hours New Mexico’s Oil And Gas Royalties Hit Record 1 day Iran Takes Drastic Measures To Conserve Electricity In Tehran 1 day Large Inventory Draws Boost Crude Prices 1 day Aramco Reports 30% Jump In Q1 Net Profit 1 day Mining Giant BHP Warns Against ...

3 hours Hedge Funds Capitalized On Oil Price Pullback 5 hours Canada’s Green Shift Could Displace Three-Quarters Of Oil Workers 6 hours Oil Trading Giant Vitol Sees Revenues Drop In 2020 8 hours BP On Track To Meet Net Debt Target Ahead of Schedule 1 day U.S. Energy Consumption Saw Biggest Decrease Ever Last Year 1 day Copper Prices Jump After Leading Producer Chile Closes Its Borders 1 day Record High COVID Cases Could Stall India’s Oil Imports 1 day Lawsuits Po...

Traders are focusing on a continued recovery in demand in the US, which is a much bigger driver of S-D fundamentals than any slower rate of growth in

China’s Oil Demand May Be Overestimated By Tsvetana Paraskova - Mar 04, 2021, 7:00 PM CST Robust oil demand in Asia has supported the bullish sentiment on the oil market in recent weeks, but the higher oil prices may cool off crude purchases from the world’s most important oil-importing region. Asian, and in particular Chinese, oil imports have been strong since the start of the year. But signs have already emerged that no crude buying spree will occur in the second quarter with oil prices above $60 eating into refining margins, and with planned maintenance at Chinese refinerie...