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PetroFunders presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines- oil and gas 360

PetroFunders presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines

Oil and Gas 360 Publisher’s Note: PetroFunders presented at the 2022 The Energy Venture Investment Summit presented by EnerCom and Colorado School of Mines on Thursday, February 17, 2022 on the Colorado School of Mines campus in Golden, Colorado.    You can view company summaries and all the presentations from The Energy Venture Investment Summit at https://theenergyventuresummit.com/presenting-companies. For more information

Saudi prince, rebuked by West, faces dilemma over Russia and China- oil and gas 360

Saudi prince, rebuked by West, faces dilemma over Russia and China

Yahoo News RIYADH – The United States and Britain are ramping up pressure on Saudi Arabia to pump more oil and join efforts to isolate Russia, while Riyadh has shown little readiness to respond and has revived a threat to ditch dollars in its oil sales to China. British Prime Minister Boris Johnson flew into the world’s biggest crude oil

Russian supply blow shakes global oil output picture - IEA- oil and gas 360

Russian supply blow shakes global oil output picture – IEA

Reuters Global oil output was already hard pressed to meet the sharp rebound in economic activity in the wake of the COVID pandemic – then came Russia’s invasion of Ukraine. The International Energy Agency on Tuesday said sanctions and wary buyers were set to take 3 million barrels of Russian oil and products off the market, setting back hopes of

Ukraine war threatens oil demand and investment, OPEC says- oil and gas 360

Ukraine war threatens oil demand and investment, OPEC says

World Oil (Bloomberg) — Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned. International crude prices briefly hit a 13-year high of almost $140 a barrel last week as a boycott of Russian supplies deepened the shortfall in already tight world markets. Brent futures have

Oil rises towards $116 as EU weighs Russian ban- oil and gas 360

Oil rises above $100 as supply concerns balance Ukraine talks

Reuters LONDON– Oil rose above $100 a barrel in a volatile session on Wednesday, finding support from supply concerns and easing worries about slowing Chinese demand, while signs of progress in Russia-Ukraine peace talks limited gains. Three million barrels per day of Russian oil and products may not find their way to market beginning in April in the wake of

U.S. crude oil inventories increase by 3.9 million barrels- oil and gas 360

U.S. crude oil inventories increase by 4.3 million barrels

Weekly Crude Oil Storage as of March 11, 2022   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.3 million barrels from the previous week.  At 415.9million barrels, U.S. crude oil inventories are about 12% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly

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