#OilPrices #EnergyMarkets #Investing
markets.businessinsider.com
Goldman Sachs Names 3 'Strong Buy' Energy Stocks with Room to Run
A mix of factors has lifted oil prices after they hit a 12-month low in December. Heightened geopolitical tensions in the Middle East - particularly concerns about supply risks linked to Iran - have supported crude benchmarks, as well as ongoing uncertainty around production from sanctioned exporters such as Venezuela.
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#GasolineImports #CaliforniaEconomy #EnergyMarket
www.bloomberg.com
Gasoline-Starved California Is Turning to Fuel From the Bahamas
US supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California, a state battling shrinking fuelmaking capacity and high pump prices.
#Venezuela #OilIndustry #EnergyMarket
ca.finance.yahoo.com
US-led oil sales from Venezuela to bring in $5 billion in months, energy chief Wright tells NBC News
Feb 12 (Reuters) - Oil sales from Venezuela controlled by the U. S. have totaled over $1 billion so far and in the next few months will bring in another $5 billion, U.
#OPEC #OilPrices #EnergyMarket
nypost.com
OPEC+ to keep oil output unchanged as Iran tensions boost prices
OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude prices hit six-month highs on concern the US could launch a military strike on OPEC member Iran.
#OPEC #OilPrices #EnergyMarket
www.cnbc.com
OPEC+ agrees in principle to keep oil output pause for March, sources say
OPEC+ has agreed in principle to keep its planned pause on oil output increases for March when it meets later on Sunday, according to three delegates and a draft statement seen by Reuters, even after crude prices hit six-month highs on concern the U.
#OilPrices #Geopolitics #EnergyMarket
ca.finance.yahoo.com
Oil Climbs as Traders Weigh Renewed Iran Concerns, Cold Weather
(Bloomberg) -- Oil rose as traders factored in the possibility of US military action in Iran that could upend supplies from one of OPEC's leading producers, and a massive winter storm in the US pushing up the price of refined products.
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#NaturalGas #WinterStorm #EnergyMarket
www.bloomberg.com
US Natural Gas Falls After Record-Breaking Three-Day Rally
The surge has been driven by forecasts for below-normal temperatures across most of the country, threatening to boost gas consumption and drain inventories, with concerns about water icing in pipelines potentially disrupting output.
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#CrudeOil #EnergyMarket #WinterWeather
www.bloomberg.com
US Oil Markets Start to Feel Impact of Winter Storm Disruptions
Physical crude prices in North Dakota are showing early signs of tightening, while refinery utilization has slipped, raising concerns that extreme cold may impact crude supply and processing capacity.