Oil sinks for fear of the new variant of the coronavirus

Oil sinks for fear of the new variant of the

At 9:03 a.m. local time (13:03 GMT) on the New York Mercantile Exchange (Nymex), WTI futures contracts for January delivery were $ 4.35 off the previous close. File photo. EFE / Murtaja Lateef The price of intermediate oil of Texas (WTI) plummets more than 10% this Friday, plagued by concerns about demand following the emergence … Read more

Uganda oil project: silence on black gold

Uganda oil project silence on black gold

By Laurence Caramel Posted today at 2:20 a.m., updated at 5:37 a.m. Reserved for our subscribers FactualIn this poor and landlocked country, this huge project in which the French group Total is playing a leading role is giving rise to more and more criticism, for its consequences on the environment and for the fate of … Read more

United States: “Anticipated by the markets, the announcement of the use of strategic oil reserves has made a splash”

United States Anticipated by the markets the announcement of the

United States President Joe Biden speaks on the economy on November 23, 2021 in Washington. ALEX WONG / AFP LThe alliance is unprecedented and appropriate, but it expresses the urgency: Joe Biden announced, Tuesday, November 23, that the United States will draw 50 million barrels of oil from its strategic reserves of 600 million barrels. … Read more

Biden to announce the release of 50 million barrels of oil

Biden to announce the release of 50 million barrels of

Gasoline price relief is coming. When? 0:47 (CNN) — US President Joe Biden will announce the release of 50 million barrels of oil from the Strategic Petroleum Reserve on Tuesday as his administration seeks to combat rising oil and gasoline prices ahead of the busy travel season. end of the year. “Today, the President will … Read more

Finding the missing piece in global oil life-cycle assessment

Journal Reference: Mohammad S. Masnadi, Giacomo Benini, Hassan M. El-Houjeiri, Alice Milivinti, James E. Anderson, Timothy J. Wallington, Robert De Kleine, Valerio Dotti, Patrick Jochem, Adam R. Brandt. Carbon implications of marginal oils from market-derived demand shocks. Nature, 2021; 599 (7883): 80 DOI: 10.1038/s41586-021-03932-2 A decreasing reliance on oil for fuel will inevitably decrease the … Read more