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Thursday, February 22, 2024

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OPEC+ and Russian Cuts Not Affecting Oil Prices as Expected

Inflation, Recession Fears Moderate Price Pressures
Inflation, Recession Fears Moderate Price Pressures Oil prices this June were a far cry from the sky-high prices we saw one year ago, following the Russian invasion of Ukraine… https://oilandenergyonline.com/articles/all/opec-and-russian-cuts-not-affecting-oil-prices-expected/

Surprise Announcement from OPEC+

Last month, OPEC+ released a surprise announcement, that, beginning May 2023, they would drastically cut crude production for the year by over 1 million barrels per day.
Last month, OPEC+ released a surprise announcement, that, beginning May 2023, they would drastically cut crude production for the year by over 1 million barrels per day. Amid… https://oilandenergyonline.com/articles/all/surprise-announcement-opec/

Human Biofuel

Researchers find wastewater-to-biocrude conversion economically viable
Researchers find wastewater-to-biocrude conversion economically viable Wastewater — American households produce billions of gallons of it daily, from flushing toilets to cleaning… https://oilandenergyonline.com/articles/all/human-biofuel/

A New Benchmark for U.S. Crude

S&P Global Platts launches American GulfCoast Select
S&P Global Platts launches American GulfCoast Select S&P Global Platts, a leading independent provider of information and benchmark prices for the commodities and energy markets,… https://oilandenergyonline.com/articles/all/new-benchmark-us-crude/

From Breakfast to Biocrude

This article originally appeared on the U.S. Department of Energy website (energy.gov) as part of the Office of Energy Efficiency & Renewable Energy’s “EERE Success Story” series. Cattle waste and wastewater. Sludgy grease ensconced in restaurant and c…
This article originally appeared on the U.S. Department of Energy website (energy.gov) as part of the Office of Energy Efficiency & Renewable Energy’s “EERE Success Story” series.… https://oilandenergyonline.com/articles/all/breakfast-biocrude/

Congress Calls for Additional SPR Sales

Recent legislation has directed the sale of more than 100 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) in U.S. government fiscal years (FY) 2022 through 2027.
The following article originally appeared in the February 21 edition of Today In Energy, published by the U.S. Energy Information Administration, under the heading, “Recent… https://oilandenergyonline.com/articles/all/congress-calls-additional-spr-sales/

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