Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum this week, raising its stake in the U.S. oil firm to 24.4%, a regulatory filing...
OilPrice.com | Warren Buffett Buys Up Even More Occidental Petroleum
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Charles Kennedy
OilPrice.com | Venezuela Halts Nearly All Oil Exports Amid Payment Probe
Crude oil exports from Venezuela have all but dried up as the...
OilPrice.com | Robust EV Demand Sends Argentina’s Mining Exports To A 10-Year High
Exports of mined commodities from Argentina hit the highest in 10...
OilPrice.com | Output At Huge Kazakh Oilfield Dips On Unscheduled Maintenance
The giant Tengiz oilfield in Kazakhstan saw its oil production...
OilPrice.com | Russia Has Started Exporting Diesel To Saudi Arabia
Russia started exporting diesel to Saudi Arabia—its ally in the...
OilPrice.com | Saudi Aramco Hikes Oil Prices Once Again
Saudi Aramco raised the official selling price for the crude oil...
OilPrice.com | Russia: Western Heavy Weapons Takes Conflict To “New Level”
In an about-face on the provision of Western weapons for Ukraine, and despite warnings from Moscow of a serious...
OilPrice.com | Hess Earnings Outshine With New Guyana Discovery
Fourth-quarter earnings on Wednesday saw Hess Corporation (NYSE:HES) soundly beat Wall Street estimates, with...
OilPrice.com | World Oil Demand Hit A 9-Month High In November
Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in...
OilPrice.com | Norway Replaces Russia As Germany’s Top Gas Supplier
Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas...
OilPrice.com | China Significantly Hikes Fuel Export Quotas At The Start Of 2023
China has increased its fuel export quotas by as much as 46% for the first batch of 2023 allocations compared...
OilPrice.com | German Finance Minister Calls For Reverse Of Fracking Ban
Amid Russia’s war on Ukraine and a European energy crisis, German Finance Minister Christian Lindner is calling...
OilPrice.com | Russia And Iran Invest $20 Billion In New Trade Route To Avoid Sanctions
Russia and Iran, which have grown increasingly closer in recent years, have joined forces to evade the Western...
OilPrice.com | Biden Administration Proposes New Rules To Curb Gas Flaring
The Biden administration has proposed a set of new rules aimed at curbing gas flaring on public lands, with the...
OilPrice.com | Output At Huge Kazakh Oilfield Dips On Unscheduled Maintenance
The giant Tengiz oilfield in Kazakhstan saw its oil production drop by 11% in early March compared to February...
OilPrice.com | Russia Has Started Exporting Diesel To Saudi Arabia
Russia started exporting diesel to Saudi Arabia—its ally in the OPEC+ group—in February, after Moscow’s key...
OilPrice.com | Saudi Aramco Hikes Oil Prices Once Again
Saudi Aramco raised the official selling price for the crude oil it exports to Asia and Europe for yet another...
OilPrice.com | ADNOC Expects To Raise $2 Billion By Listing Its Natural Gas Business
The United Arab Emirates’ state oil and gas major, ADNOC, has said it expects to raise some $2 billion from the...
OilPrice.com | Exxon Warns Of Kazakh Oil Export Risks
Exxon has warned that it is vulnerable to disruptions at its Kazakh oil operations because of the export...
OilPrice.com | Oil Up For 3rd Day In a Row As Fed Proves Less Hawkish
Brent crude is up 1.55% today, rising for the third day in a row following Federal Reserve Chairman Jerome...
OilPrice.com | Russia: Western Heavy Weapons Takes Conflict To “New Level”
In an about-face on the provision of Western weapons for Ukraine, and despite warnings from Moscow of a serious...
OilPrice.com | Hess Earnings Outshine With New Guyana Discovery
Fourth-quarter earnings on Wednesday saw Hess Corporation (NYSE:HES) soundly beat Wall Street estimates, with...