Oil Drops as Technical Indicators Prompt SellingOil fell to its lowest in almost three weeks, with technical indicators driving the market's direction amid a lack of clarity on crude demand.Clogistical Admin2023-01-31T03:01:03-06:00January 31, 2023|Categories: Maritime News|Tags: rigzone news| Read More
$1 Trillion Green Investment Matches Fossil Fuels For First TimeFor the first time, the world invested as much money into replacing fossil fuels as it spent on producing oil, gas, and coal.Clogistical Admin2023-01-30T03:01:04-06:00January 30, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be DifferentExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.Clogistical Admin2023-01-29T03:00:05-06:00January 29, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Oil Posts First Weekly Loss of the YearBulls approached and quickly withdrew from oil's 100-day moving average, driving crude to its first weekly loss since the start of the year.Clogistical Admin2023-01-28T03:01:04-06:00January 28, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Oil Up as Market Benchmarks WaverOil gained as energy traders grew more confident about the commodity's immediate outlook.Clogistical Admin2023-01-27T03:00:04-06:00January 27, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Oil Edges Up in Volatile SessionOil edged higher in a volatile session as technical market indicators signaled to traders that higher prices may be around the corner.Clogistical Admin2023-01-26T03:01:03-06:00January 26, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Oil Falls Amid Broader Market PressureOil erased gains from the past two sessions as earnings from multiple US companies disappointed, potentially signaling a dour short-term outlook for energy traders.Clogistical Admin2023-01-25T03:01:03-06:00January 25, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Envoy Says USA to Boost Pressure on China to Stop Importing Iran OilIranian crude shipments have surged in recent months.Clogistical Admin2023-01-24T03:00:05-06:00January 24, 2023|Categories: Maritime News|Tags: rigzone news| Read More
ADNOC Adds HSBC, ADCB, EFG on Mega IPO Of Gas UnitADNOC has added banks including HSBC and EFG to help arrange the planned initial public offering of its natural gas business, sources said.Clogistical Admin2023-01-23T03:00:04-06:00January 23, 2023|Categories: Maritime News|Tags: rigzone news| Read More
Four EU Nations Call for Zero Emissions Target for Trucks And BusesThe Netherlands is leading calls for the EU to target zero emissions from heavy-duty vehicles to bring the sector in line with its climate goals.Clogistical Admin2023-01-22T03:00:04-06:00January 22, 2023|Categories: Maritime News|Tags: rigzone news| Read More