COP28 Summit Approves Proposal To Hold COP29 In Azerbaijan
The COP28 climate summit in Dubai on December 11 approved a proposal to hold the next iteration of the annual event in the South Caucasus nation of Azerbaijan
Source: oilprice.com
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Canadian oil & gas lashes out over 'de facto production cuts'
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com
Crude Oil Tanks Nearly 4% as US Output Overshadows OPEC
Prices of Brent crude and West Texas Intermediate were down nearly 4% on Wednesday as an unexpected and significant increase in U.S. gasoline inventories added to concerns about lagging demand
Source: oilprice.com
Dutch Fund Keeps Shell, BP in Portfolio as it Dumps 40 Other Oil Firms
Dutch pension fund Pensioenfonds Metaal & Techniek (PMT) is divesting from 40 oil and gas companies, but will keep its investments in Shell and BP and seven other energy firms as it sees the nine companies as “the most promising”
Source: oilprice.com
Bloomberg Analyst Survey Predicts OPEC+ Output Extension
About 50% of analysts surveyed by Bloomberg on Friday says that they expect OPEC+ to roll over the deep production cuts into 2024
Source: oilprice.com