California Gasoline Price Surges Above $6
Gasoline in California has topped $6 a gallon.
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Oil Settles Lower After Surge
Brent retreated from a four-year high as algorithmic trading and thin volumes drove volatility.
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OPEC+ Delegates Expect Another Symbolic Supply Hike
OPEC+ is likely to agree another symbolic production increase for June, three delegates said.
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USA Crude Oil Inventories Drop More Than 6MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 459.5 million barrels on April 24, the EIA's latest weekly petroleum status report showed.
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European Commission Completes Inaugural Hydrogen Matchmaking Round
Vendor offers represented 265 projects spanning green hydrogen, lower-carbon hydrogen and hydrogen derivatives.
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CNOOC Ltd Logs Higher Q1 Profit
The Chinese state-backed company reported around $5.72 billion in net income for the first quarter, up 7.1 percent from the same three-month period last year on higher realized oil prices and oil and gas sales.
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Could This be the Beginning of the End for OPEC?
Rigzone talks to analysts from the Heritage Foundation, Wood Mackenzie, and Standard Chartered.
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EU Allows Broader State Aids to Protect Industries from Energy Volatility
The Middle East Crisis Temporary State Aid Framework, adopted following a consultation with member states, allows various forms of government assistance for agriculture, fishery and transport companies until yearend.
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Oil Prices Surge Amid Increasing Geopolitical Concerns
Oil prices surged amid increasing concerns about the geopolitical situation in the Middle East, Daniel Takieddine, Co-Founder and CEO of Sky Links Capital Group, said.
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Iberdrola Posts Higher Adjusted Profit on UK Power Growth
The year-on-year increase was mainly due to electricity distribution in the UK growing 72.6 percent to nearly 15,000 gWh.