The International Energy Forum believes the price of Brent could easily break above $100 when the EU embargo on Russian oil comes into effect.
BP Boosts Buybacks As Q3 Profit Doubles To $8.
2 BillionJapan Will Retain Its Stake In Russia’s Sakhalin-1 Oil And Gas ProjectJapan Calls On Population To Conserve EnergyPrices At The Pump Fall For Third Straight Week“Purely Outrageous”: Biden Blasts Russia’s Withdrawal From Grain Export DealEquinor Boss: Natural Gas Supply Crunch Won’t Be Fixed With Price CapWhy Tesla Considered Taking A Stake In GlencoreGerman Insurers Warn Against “Dangerous Experiments” To Lower Energy BillsOil Prices Sink As New Data Shows Weak Factory Activity In...
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Biden Says Big Oil’s Windfall Profits Result Of ‘Brutal War’ | OilPrice.comIn an address to the nation on Monday, President Joe Biden raised the specter of a windfall tax on energy companies that refuse to boost domestic production to bring down oil and gas prices which will weigh on midterm elections on November 8th.
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Giant Oil Traders Are Pivoting To Lithium And Battery Tech | OilPrice.comSo far this year, we have witnessed several key commodity traders enter into the lithium business. Lithium prices have continued taking out fresh highs, and hit an all-time high just two weeks ago amid booming demand from the electric car market.
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The World’s Largest Oil Company Posts Record-High Free Cash Flow | OilPrice.comSaudi Arabia’s oil giant also posted record-high free cash flow of $45.0 billion in the third quarter compared to $28.7 billion in 2021.
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