• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 23 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 23 hours How Far Have We Really Gotten With Alternative Energy
  • 54 mins e-truck insanity
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days Bankruptcy in the Industry
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days The United States produced more crude oil than any nation, at any time.

Energy / Crude Oil

Millions Of ‘Hidden’ Iranian Barrels Set To Hit Oil Markets

Jul 22, 2019 at 11:19 | ZeroHedge

In what appears to be a gesture of contempt for Washington, Chinese companies have continued to import Iranian crude, but instead of reporting the crude imports, which would violate US…

What’s Behind The North Sea Spending Spree?

Jul 19, 2019 at 17:46 | Tsvetana Paraskova

Emerging from one of the worst downturns in decades, one of the world’s oldest producing oil basins, the UK North Sea, is now taking a leaf out of U.S. shale’s…

Russian Crude Could Still Be Dirty By Mid-2020

Jul 19, 2019 at 17:44 | Julianne Geiger

As Poland’s biggest refiner publicly criticized the deteriorating quality of Russian oil, a suspect in the investigation into pipeline contamination that has severely disrupted Russian supplies is seeking asylum in…

Long Speculator Exodus Sinks Crude Oil

Jul 19, 2019 at 11:31 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are inching higher on Friday, but a steep sell-off earlier in the week has solidified a weekly lower close. In case you haven’t…

Russia’s Oil Output Rebounds From Three-Year-Low

Jul 18, 2019 at 12:48 | Tsvetana Paraskova

Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said on Thursday,…

Will The U.S Gas Glut Cap Oil Production?

Jul 17, 2019 at 16:46 | Nick Cunningham

A pipeline company is fighting the practice of flaring gas in Texas, threatening to slow the pace of oil production. Flaring gas has become an epidemic in Texas. Permian…

Colombia’s Push To Triple Proven Oil & Gas Reserves

Jul 17, 2019 at 13:30 | Oxford Business Group

With no major onshore oil discoveries since 2009, Colombia’s oil and gas reserves have dwindled. The country has thus turned to non-conventional deposits as a means to boost production in…

Oil Halts Slide On Crude Draw

Jul 17, 2019 at 09:40 | Irina Slav

The Energy Information Administration reported a modest oil inventory draw of 3.1 million barrels for the week to July 12, confirming and even exceeding the American Petroleum Institute’s Tuesday estimate of…

The Only OPEC Member That Could Challenge Saudi Oil Dominance

Jul 15, 2019 at 16:59 | Simon Watkins

In line with its targets for increasing crude oil production to 6.2 million barrels per day (bpd) by end-2020 and 9 million bpd by end-2023, up from the current 4.6…

Libya’s Oil Revenue Takes A Beating

Jul 15, 2019 at 14:28 | Julianne Geiger

Libya’s oil revenue took a beating in the first half of 2019, according to its central bank as reported by Reuters. In the first six months of the year,…

Signs Of Slower Permian Oil Growth Continue To Emerge

Jul 12, 2019 at 17:42 | Tsvetana Paraskova

While U.S. shale production is booming and the Permian continues to set new production records, the pace of growth is slowing as many companies have recently scaled back production growth…

Oil Prices Rise Amid Further Rig Count Decline

Jul 12, 2019 at 12:24 | Julianne Geiger

The US oil and gas rig count fell by 5 this week, according to Baker Hughes, after losing rigs last week as well. The total number of active oil rigs…

Oil Is Gaining Momentum As Bullish Forces Increase

Jul 12, 2019 at 12:14 | Jim Hyerczyk

U.S. West Texas Intermediate oil futures are trading higher early Friday and in a position to post a gain for the week despite the release of a second report calling…

U.S. Threatens China With Sanctions On Iranian Oil Imports

Jul 12, 2019 at 10:49 | Irina Slav

The U.S. State Department has threatened China with sanctions because of its continued imports of Iranian oil—a move that was only to be expected but hardly the wisest one amid…

Is A Crude Glut Looming?

Jul 12, 2019 at 09:15 | Irina Slav

Crude oil supply in the world exceeded demand by 900,000 bpd in the first half of the year, the International Energy Agency said in its latest monthly Oil Market…

Oil Slips Despite Major Gulf Of Mexico Production Outage

Jul 11, 2019 at 16:14 | Julianne Geiger

  Oil Production from the United States in the Gulf of Mexico have been slashed in half ahead of what is expected to be a whopper of…

Oil & Gas Discoveries Rise In High-Risk Oil Frontiers

Jul 11, 2019 at 12:06 | Rystad Energy

Global discoveries of conventional oil and gas continue to show promising growth, with new finds totaling 6.7 billion barrels of oil equivalent (boe) in the first half of 2019, according…

OPEC: This Is Where Most New Oil Will Come From In 2020

Jul 11, 2019 at 10:47 | Irina Slav

Non-OPEC crude oil supply will rise by 2.4 million bpd next year, OPEC said in its latest Monthly Oil Market Report. The cartel added that the rise would be…

The World’s First Trillion Dollar Oil Company Has A Big Problem

Jul 10, 2019 at 16:35 | Tsvetana Paraskova

China’s biggest oil and gas producer PetroChina—the first company in the world to reach a US$1-trillion valuation more than ten years ago—is now so cheap that it is worth less…

1 Million Bpd At Risk In Gulf Of Mexico Tropical Storm

Jul 10, 2019 at 16:23 | Nick Cunningham

Oil producers are beginning to shut down production in the Gulf of Mexico ahead of a tropical storm heading for Texas and Louisiana. The storm, named Barry, could become a…

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