U.S. Drilling Activity Continues To Slow
The U.S. rig count dropped this week, with the amount of active oil rigs falling by 10
Source: oilprice.com
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Spain Boosts LNG Port Capabilities But Russian Gas Is In The Mix
Spanish natural gas grid operator Enagas has said that the volume of liquefied natural gas (LNG) vessels loaded in Spain and setting sail for Europe doubled in 2022
Source: oilprice.com
4 Days from Deadline, EU Fails To Agree On Russian Oil Products Price Cap
After delaying a vote on Wednesday due to disagreements among member states, member nations of the European Union are hoping to strike a deal on a price cap for Russian oil products this Friday
Source: oilprice.com
U.S. Manufacturing PMI Hits Lowest Since May 2020
The U.S. manufacturing sector has contracted once again, marking the lowest PMI since May 2020
Source: oilprice.com