Battery metal prices are sliding sideways despite demand for EV batteries sliding sideways, with more manufacturers scrambling to ramp up production
White House Leaves Door Open For Additional SPR ReleasesU.S. Officials Promised Saudis It Wouldn’t Let Oil Market CollapseSweden Boots Russia From Nord Stream InvestigationSoaring Energy Costs Could Cripple Europe’s Car Manufacturing IndustryLNG Freight Rates Hit Record High As Europe Races To Secure GasSenior U.S. Senator Wants To Halt All Cooperation With Saudi ArabiaJP Morgan’s CEO Urges U.S.
Oil And Gas Drillers To Raise ProductionOil Workers Join Iran Protests As Authorities Intensify CrackdownsFrance’s Fuel Supply Problems Worsen As Refinery Strikes ContinueRepublicans Withdraw $1 Billion From BlackRock Due To Its ESG PoliciesGermany To Unveil New Measures To Protect Consumers From High Energy PricesTesting Begins At Heavily Disputed Natural Gas Field Between Israel And LebanonShell Warns Weak Earnings From Gas Trading Could Impact Profits4 daysAlberta’s New Pro-Oil Premier Is On...
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Researchers Develop Lithium Battery With 40% More Energy Density | OilPrice.comA Pohang University of Science & Technology research team succeeded in developing an anode-free lithium battery. The design maximized energy density and improved energy density by 40%.
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U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse | OilPrice.comU.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to replenish the nation’s Strategic Petroleum Reserves
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German Panel Outlines Plan To Distribute €200 Billion In Subsidies | OilPrice.comA German panel is proposing a two-stage plan for distributing up to €200 billion in subsidies. The plan aims to help ease the strain of high energy prices.
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Soaring Energy Costs Could Cripple Europe’s Car Manufacturing Industry | OilPrice.comEurope’s energy crisis and soaring energy costs for the industry could result in Europe-based auto manufacturers losing up to 1 million units of production per quarter between this quarter and the end of 2023
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OPEC+ Oil Output Hits Highest Level Since April 2020 But Remains Below Target | OilPrice.comOPEC+ oil production hit the highest level since the Saudi-Russia oil price war of April 2020, but is still below target levels
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