See how oil prices play a major role in shaping economies globally. 📉📈

#EconomicInfluence #OilMarket
#fuelingtheeconomy #economicimpact #oilprices #drivingchange #economicinsights #oilandeconomy #morethanblackgold #globalimpact #oileconomics

Michigan Advanced Biofuels Coalition shares how @Evergreengrease represents key supply chain components that bring biomass-based diesel fuel to Michigan and beyond.
rb.gy/o9fgx

#oileconomics
#shipping

$1 rise to $79.99 for #StrategicPetroleumReserve is minor versus OPEC, oil demand shifts. #OilEconomics

#oil spill #oil #oil spill s #oil spill response #oil industry #environment #oil spill swide #oil andgasindustry #industry #oil economics #oil world #industry counseling #climatechange #oil based #industry talk #pollution #ocean #industri #marinelife #oil pollution #savetheplanet

Oil investors to usher in 2024 amid oversupply, demand concerns
#OilInvestors #OilPrices #EnergyMarket #BrentCrude #EconomicGrowth #MiddleEastTension #Oversupply #OilDemand #EnergyOutlook #OilMarketTrends #EnergyForecast #OilEconomics #OilProduction
newseurope24.com/oil-investors-…

The US tightens the grip with potential sanctions on Iranian oil. What will be the ripple effect on global markets? #Sanctions #OilEconomics

U.S. West Texas Intermediate crude sees a slight increase. Every cent counts in the global #oil game! #WTICrude #OilEconomics #GlobalMarket

#Oil isn't just about energy, it's about economics and geopolitics too. #Aramco 's profits drop adds another twist to the tale. Let's unravel this together. #Oil Economics

Oil prices soar past $94, first since August 2022. 📈⛽

Interestingly, they're now higher than when the US Strategic Petroleum Reserves (SPR) were tapped. With 250 million fewer barrels in reserves, it seems like a 'sell high, buy higher' scenario. 🛢️💸 #OilEconomics

Financial tidbit: 🏦 Investors see recent U.S. inflation readings as a sign that the Federal Reserve might delay interest rate hikes. This could boost hopes for sustained oil demand, as higher rates might dampen economic growth. #USInflation #FederalReserve #OilEconomics

Tweet 6/8:
(1) Saudi Arabia could offset any oil disruptions caused by an attack, potentially stabilizing prices and indirectly aiding Biden’s electoral prospects. They want the Ayatollahs degraded. #SaudiArabia #OilEconomics

Chinese refiners lean on crude stockpiles in July as refinery processes jump but imports dip. A deeper look into the numbers reveals more. 🛢️ #ChinaCrude #OilEconomics #oott #oilandgas

Full Story Here: oilprice.com/Latest-Energy-…

THE WORD OIL PRODUCTION

#OilProduction #EnergySector #GlobalOil #PetroleumIndustry #EnergyCrisis #OilMarkets #EnergyTransition #FossilFuels #SustainableEnergy #CrudeOil #EnergyPolicy #OilEconomics

youtu.be/C5APrcO9QSc?si… via YouTube

🛢️According to Ernst & Young, US oil & gas producers prioritized shareholder payouts over exploration in 2022. Meanwhile, global economic headwinds, led by China, impact oil prices. #OilEconomics