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2 days Mozambique Says Total’s LNG Project Is Safe From Militants 2 days U.S. And Iran Set To Hold Indirect Talks On Nuclear Deal 2 days India Set To Review ‘Unfair’ Oil Import Contracts With Saudi Arabia 2 days EVs, Smart Appliances Pose Cybersecurity Risks 3 days Oil Demand Boosted By Highest Number Of Flights Since COVID Started 3 days Biden Administration Studies If EVs Can Enter Biofuel Credit Program 3 days Big Oil Beats NYC Appeal On Climate Change Lawsuit 3 days ExxonMobil Set To Outperform As Oil And Gas Prices Climb 3 days U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy ....
Sea Container Imports Continue At Record Pace. Exports Decline Year-over-Year. Oil prices extend gains on U.S. fiscal stimulus prospects as Biden inauguration looms Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.60%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.33% and 0.11% respectively. What Is Moving the Markets Here are the headlines moving the markets. Oil Majors Win Big As LNG Prices Soar Shell turned the lights back on at its Prelude offshore LNG facility just as Asia was being frozen by a cold spell that sent prices for liquefied natural gas sky-high. It couldnt have timed the restart better. And it wasnt the only Big Oil major that benefited from the price spike over commodity traders and independent producers of gas. An analysis from Reuters points to Shell and Total as two examples of why Big Oil is better placed to benefit from such price spikes: the supermajors simpl ....
The United States on Tuesday sanctioned a network of oil trading firms, individuals and vessels that have helped Venezuelan state-run oil company PDVSA sell crude mainly to Asia despite Washington's sanctions on the South American nation. ....