After losing between 6-7% on Wednesday, oil prices are taking a toll on energy equities, with European giants shedding 6-8% and American oil companies down 5-7%.
Algeria: Western Price Caps On Russian Crude Could Lead To Supply DisruptionSaudi Arabia Says Oil Prices Won’t Dictate Its Budget In The FutureRussia Expects Its Oil And Natural Gas Production To Drop In 2023Oil Prices Rebound From Three-Month LowsSaudi Arabia’s Energy Minister Slams NOPEC Bill And Price CapsSpain Takes 84% More Russian LNG Than Before InvasionOPEC Is More Optimistic On China’s Oil Demand Growth In 2023OPEC Remains Cautious Despite Bullish Chinese Demand ForecastTotalEnergies’...
DevelopmentsChinese Oil Drillers Set New Asian Depth RecordNorway’s Oil Fund Held Over $260M In Failed SVB Banking GroupUK Subsidies To Fossil Fuel Producers Far Exceed RenewablesStrikes That Shut Down French LNG Terminals Expected To ContinueMayor Of Seoul Calls For South Korea To Develop Nuclear WeaponsBiden Expected To Greenlight Alaska Oil ProjectSenator Manchin Threatens To Block Biden Nominees Over IRA Energy ProvisionsSaudi Arabia And Iran Agree To Restore Diplomatic RelationsU.S.
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