[ad_1] The fuel’s price has rallied but is much lower than a year ago. [ad_2] Source link
Tag: Natural Gas/Oil Extraction
Australia Put a Lid on Rising Energy Prices. Some Warn It Was a Mistake.
[ad_1] Lawmakers say an experiment with price controls has helped consumers, but natural-gas producers argue it is stifling investment. [ad_2] Source link
Drilling Stocks Plunge on Bets for Oil Price Slump
[ad_1] Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy.…
Singapore’s Non-Oil Domestic Exports Fall for Eighth Straight Month
[ad_1] Singapore’s non-oil domestic exports fell for an eighth straight month, with shipments of both electronics and non-electronics declining in more than half of its top 10 markets. [ad_2] Source…
OPEC Crude Production Slumps as Voluntary Cuts Bite
[ad_1] The group accelerated its efforts to tighten the oil market as a handful of the group’s largest members sharply slashed output as planned. [ad_2] Source link
WSJ News Exclusive | Oil-Field-Services Companies Hold Merger Talks
[ad_1] NexTier Oilfield Solutions and Patterson-UTI Energy are discussing a deal that would create a bigger player in a consolidating industry. [ad_2] Source link
WSJ News Exclusive | Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street
[ad_1] Updated June 11, 2023 11:47 am ET LONDON—New Shell Chief Executive Wael Sawan is heading to New York to persuade Wall Street that Europe’s biggest energy company deserves more…
Saudi Output Cut to Boost Oil Prices Could Be Costly
[ad_1] The 10% reduction in output suggests Riyadh is willing to sacrifice market share to prop up prices. [ad_2] Source link