WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Energy

Alt Text

OPEC Head Calls for $65 Oil

May 24, 2016 at 17:05 | Zainab Calcuttawala

A minimum price of $65 a barrel for oil is “badly needed at the moment” according to Qatari energy minister Mohammed bin Saleh al-Sada. On Tuesday, the Qatari…

Alt Text

Why Cheap Shale Gas Will End Soon

May 24, 2016 at 16:45 | Arthur Berman

Enthusiasts believe that shale gas is simultaneously cheap, abundant and profitable thus defying all rules of business and economics. That is magical thinking. The recently released EIA…

Alt Text

India May Lose Prize Iranian Gas Field To Saudi Arabia

May 24, 2016 at 16:42 | Charles Kennedy

India’s state-owned oil and gas giant ONGC risks losing a massive Persian Gulf gas field in a contracting hurdle, as it races against Saudi Arabia to extract gas…

Alt Text

Mozambique’s LNG Dreams Falling Apart

May 24, 2016 at 16:20 | Nick Cunningham

Mozambique is heading towards a major default on outstanding loans related to offshore natural gas infrastructure, symbolizing the deflating hopes for a major source of new natural gas…

Alt Text

Soaring Electricity Demand Poses Climate Change Threat

May 24, 2016 at 15:58 | Michael McDonald

One of the biggest drivers of climate change is the on-going development of third world nations. Around the globe, countries that have spent centuries with economies largely built…

Alt Text

Oil Rally Pauses After Canada, Iran Up Production

May 24, 2016 at 15:56 | Evan Kelly

We begin by looking at some of the critical figures and data in the energy markets this week, which show that oil markets have remained steady, with global…

Alt Text

Venezuelan State-Run Oil Co. To Pay Suppliers With Debt Swap

May 24, 2016 at 12:06 | Charles Kennedy

Struggling to stay afloat as the Venezuelan economy crumbles and unrest becomes riotous, the country’s state-run oil company, PDVSA, is reportedly offering service providers a debt-swap deal in exchange for…

Alt Text

Oil Prices Spike Ahead Of Inventory Reports

May 24, 2016 at 11:21 | Matt Smith

One hundred and thirty-three years after the Brooklyn Bridge was opened to traffic, and crude is trying to navigate troubled water once again. Choppiness today comes courtesy of…

Alt Text

Is OPEC A U.S. National Security Threat?

May 23, 2016 at 16:42 | Rakesh Upadhyay

Republican Kevin Cramer from North Dakota is cosponsoring a bipartisan bill that will set up a commission to probe whether OPEC has used unfair means to bolster its…

Alt Text

Key Pipeline Could Unleash Alberta’s Oil Sands

May 23, 2016 at 16:37 | Nick Cunningham

Canadian energy regulators handed a win to Alberta’s oil sands producers last week, recommending approval for a major oil pipeline expansion to the Pacific Coast. Canada’s National Energy…

Oilprice - The No. 1 Source for Oil & Energy News