BofA has forecast that Brent prices--currently trading at $76.73--will average $100/bbl in 2023 thanks to Chinese oil demand recovery on a post-COVID reopening coupled with a drop in Russian supplies of about 1 million barrels per day (bpd)
Natural Gas Prices Surge 10% On Cold TemperaturesHigher Nuclear Output Helps France Meet Rising Power DemandOil Tanker Traffic Jam Off Turkey Is Set To Ease TodayJamie Dimon: Prepare For The Oil And Gas Crisis To Get Much WorseTurkey's Oil Tanker Traffic Jam Is Growing3 daysIndia’s Fuel Consumption Jumped By 10% In NovemberChina And Saudi Arabia Agree To Boost Oil Trade As Xi Visits RiyadhCanada Ends Support For International Oil And Gas ProjectsGermany’s Floating LNG Terminal...
Fall At The Fastest Rate On RecordOil Trader Trafigura Posts Record Profit In Volatile Energy MarketsRussia Boosting Natural Gas Supply To ChinaTurmoil In Peru As President Castillo Is Impeached And ArrestedAustralia Rakes In Record LNG RevenuesIndia Prepares To Increase Natural Gas ImportsSaudi Arabia Vows To Stick With China As An Energy PartnerNew Mexico Will Overtake Mexico’s Crude Oil Output This MonthApple Delays Self-Driving Car Until 2026Russia Expresses Concern Over Oil Tanker Jam...
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