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Sentiment In Oil Markets Is Decidedly Bearish

The week started on the wrong foot for oil when OPEC+ decided not to cut output, but bearish news continued to pile up as traders continue to worry about global economic growth

United statesUnited kingdomGoldman sachsDavid solomonBrian moynihanJamie dimonTc energyFederal reserveOil price capJpmorgan chase coEnergy information administrationEuropean unionCanada tc energyFactors weighingPrices thisStocks decline

Americans See Another 10-Cent Drop In Gasoline Prices

Prices at the gas pump have declined 10 cents in a week, according to AAA, which says recession fears and further releases of America’s strategic petroleum reserve have contributed to the further declines

United statesWhite houseDistrict of columbiaSaudi arabiaOil prices drop as economic concerns mountWeak oil demand to slow economic growthMore drones spotted over norwegian oil infrastructureEnergy giant uniperStable oilOil price capEnergy crisis couldStep plan to bring oil prices downEnergy infrastructure leave millionsCent drop in gasolineUkraine steelmakers slammed by electricityDirty bomb

Blinken Dismisses Russian Claim That Ukraine Is Prepping A Dirty Bomb Attack

U.S. Secretary of State Antony Blinken has dismissed Russia’s allegations that Ukraine is preparing a “dirty bomb” attack

United statesWhite houseDistrict of columbiaSaudi arabiaOil prices drop as economic concerns mountWeak oil demand to slow economic growthMore drones spotted over norwegian oil infrastructureEnergy giant uniperStable oilOil price capEnergy crisis couldOctopus energyStep plan to bring oil prices downEnergy infrastructure leave millionsDirty bombInflation hits

New UK Prime Minister Sunak Faces Major Challenge With Energy Crisis

The UK’s new Prime Minister Rishi Sunak will face a number of major challenges as the UK struggles with a cost-of-living crisis and an energy crisis

United statesWhite houseDistrict of columbiaSaudi arabiaOil prices drop as economic concerns mountWeak oil demand to slow economic growthMore drones spotted over norwegian oil infrastructureEnergy giant uniperStable oilOil price capEnergy crisis couldOctopus energyStep plan to bring oil prices downEnergy infrastructure leave millionsDirty bombInflation hits

Drilling Activity In The U S Sees Little Change This Week: Baker Hughes

The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday

United kingdomWhite houseDistrict of columbiaUnited statesSaudi arabiaUnited kingdom generalWeak oil demand to slow economic growthMore drones spotted over norwegian oil infrastructureEnergy giant uniperStable oilEnergy crisis couldOil price capOctopus energyStep plan to bring oil prices downIran is conductingDrills on the azerbaijan

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