• 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
  • 11 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days The United States produced more crude oil than any nation, at any time.
  • 36 mins Could Someone Give Me Insights on the Future of Renewable Energy?
  • 7 days How Far Have We Really Gotten With Alternative Energy
  • 11 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 10 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 10 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.

Energy / Crude Oil

Could An Energy Crunch Lead To A Worldwide Financial Crisis?

Nov 16, 2021 at 16:28 | David Messler

There is a case that can be made that the present day liquidity profile and reduced capital investment in upstream sources for new supplies of petroleum, match the similar scenario…

OPEC+ Raised Oil Production By More Than 400,000bpd In October

Nov 16, 2021 at 09:01 | Tsvetana Paraskova

Led by production increases in Saudi Arabia and Russia, the OPEC+ group raised its October oil output by 490,000 barrels per day (bpd), TASS news agency quoted the International…

Is It Fair To Ask Africa To Stop Pumping Oil And Gas?

Nov 15, 2021 at 14:44 | Haley Zaremba

Sub-Saharan Africa is responsible for just 3% of all global greenhouse gas emissions, but is heating up faster than anywhere else on the planet. Africa is

BP: Oil & Gas Will Be Needed For Decades

Nov 15, 2021 at 13:15 | Tsvetana Paraskova

Oil and gas will have a role to play in the energy system for decades to come, BP’s chief executive Bernard Looney said on Monday, adding that the industry should…

The U.S. Shale Patch Is Back In Growth Mode

Nov 15, 2021 at 12:53 | Tsvetana Paraskova

U.S. shale production is back to growth mode as producers continue to add rigs onshore. Output will continue to climb over the next year as some large oil…

Natural Gas Prices Could Spike As Europe Braces For Its First Cold Blast

Nov 15, 2021 at 12:47 | ZeroHedge

After months of rollercoaster moves in European nat gas prices as energy producers and traders jockeyed for position ahead of what could be a brutal winter, all…

Russia And Saudi Arabia See Oil Oversupply In 2022

Nov 15, 2021 at 12:11 | Julianne Geiger

“Everybody is predicting a surplus of supply starting from the first or second quarter,” next year, Russian Deputy Energy Minister Pavel Sorokin told Bloomberg on the sidelines of this week’s…

Yergin: Underinvestment May Lead To Series of Energy Crunches

Nov 15, 2021 at 11:01 | Tsvetana Paraskova

The oil industry is not investing enough to meet growing energy demand, including for crude, which could lead to a series of energy crunches down the road, oil expert Daniel…

Senate Majority Leader Urges Biden To Release Oil From SPR

Nov 15, 2021 at 09:00 | Charles Kennedy

Senate Majority Leader Chuck Schumer has called on President Biden to release oil from the strategic petroleum reserve in order to bring retail fuel prices down ahead of the holidays.…

Biden’s Baffling Oil Policy Faces Backlash From All Sides

Nov 12, 2021 at 12:38 | Irina Slav

President Joe Biden and his administration hardly planned for everything that happened this year. In fairness, no administration could have planned for it: soaring oil and gas demand,…

The 800 Million Barrel Oilfield Getting Boris Johnson In Trouble

Nov 12, 2021 at 12:32 | Felicity Bradstock

The planned Cambo oilfield in the U.K.’s North Sea, thought to hold 800 million barrels of oil, faced significant pressure in the lead up to COP26, as Prime…

Will Oil Ever Become Truly Worthless?

Nov 12, 2021 at 12:22 | Felicity Bradstock

Could fossil fuels and Big Oil actually become ‘worthless’ within the next few decades, and what would this mean for the global economy? New research

Options Traders Are Betting On $300 Oil

Nov 12, 2021 at 11:13 | Tsvetana Paraskova

Adventurous options traders placed bets this week on oil prices hitting $250 and even $300 per barrel, betting for the first time this year that oil could exceed $250, ICE…

Energy Industry Strikes Back At Democrats' Oil Export Ban Proposal

Nov 12, 2021 at 08:59 | Irina Slav

Energy industry insiders have slammed a proposal by a group of Democratic Senators to ban U.S. oil exports in a bid to rein in retail fuel prices. "That proposal does…

Rosneft Sees Possible Supercycle In Oil And Gas Markets

Nov 12, 2021 at 08:35 | Tsvetana Paraskova

Rosneft chief executive Igor Sechin said that the rebound in global demand for oil and gas and the gap between supply and demand could lead to a new supercycle for…

Crude Oil Is Back, And It Isn’t Going Anywhere

Nov 11, 2021 at 17:17 | Tsvetana Paraskova

Pressured by investors and society, the global oil industry is looking for ways to stay in the game by meeting the world's growing demand for energy, including crude,…

Biden’s $1 Trillion Spending Package Will Boost Oil Demand

Nov 11, 2021 at 13:27 | Charles Kennedy

Amid efforts by the Biden administration to put a lid on fuel prices, it was the passage of the Democratic-sponsored $1-trillion infrastructure bill last weekend that became the…

China Boosts Imports Of ''Cheap'' Iranian Crude

Nov 10, 2021 at 10:28 | Tsvetana Paraskova

Independent refiners in China boosted imports of oil from Iran between August and October, attracted by the cheaper Iranian crude despite the risk of running afoul of U.S. sanctions, Reuters…

Oil Prices Fall After EIA Reports Crude Inventory Build

Nov 10, 2021 at 09:40 | Irina Slav

Crude oil fell today after the Energy Information Administration reported an inventory build of 1 million barrels for the week to November 5. This compares with a build…

EIA: Oil Demand Rebounds Faster than Supply

Nov 10, 2021 at 08:24 | Irina Slav

Crude oil demand is rebounding faster than supply, pushing prices higher, the Energy Information Administration said this week, noting that the price of West Texas Intermediate had reached…

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