A rarely used technique called…
In an increasingly bullish oil…
Following the news that Chevron had agreed to pay a nearly 40 percent premium to acquire Anadarko Petroleum, investors quickly bid up the shares of other potential acquisition targets. As…
The president of the United States may remove a 1920 piece of legislation that bans any non-U.S. vessels from moving any cargo between two U.S. ports. The reason: an imbalance…
Entrepreneurs in California were pioneers of the American oil industry in the 19th and the beginning of the 20th century. One of the oldest still producing oil fields in the…
For better or for worse, oil is the lifeblood of the global economy, with the commodity being the single most important energy source. And while the developed economies are its…
2018 was a terrible year for commodities, but few sectors fared as badly as lithium. The crucial battery metal, also known as “White petroleum”, struggled through a 50 percent…
Oil prices took a breather mid-week after the U.S. saw a larger than expected increase in crude inventories. The market is still heading in a bullish direction, but the path…
Things are starting to look good financially for Saudi Arabia again - very good. The de facto OPEC leader and world’s largest oil exporter said today it posted a…
Oil prices have rallied more than 2 percent this week after the Trump Administration canceled the waivers given to major consumers of Iranian oil - including both China and India…
The construction of Nord Stream 2 is nearing its logical conclusion – a grand standoff, in the first move of which the Council of the European Union adopted the amended…
The price jump evidenced during the last weeks was blasted through the ceiling with the White House announcing it does not intend to renew waivers to buyers of Iranian crude.…
Washington’s announcement that it will not extend its sanctions waivers for key importers of Iranian oil - China, India, Turkey, Japan and South Korea - raises the geopolitical stakes in…
Sources - OP boots on the ground in Libya - Western diplomat in Algeria Billionaires Fall in Algeria: Here’s Why Sonatrach Is Less Worried Than Others Algeria’s clientelist patronage system…
The White House sent a bullish jolt into oil markets this week with a surprise decision to eliminate their waiver program for key buyers of Iranian crude. To review, the…
Occidental Petroleum said on Wednesday that it is proposing to buy Anadarko at a higher price than the one Anadarko had accepted from Chevron, potentially opening a bidding war…
A week before the U.S. announced it was ending sanction waivers for all Iranian oil customers, U.S. President Donald Trump had a phone call with Libya’s eastern strongman Khalifa Haftar…
Investor Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to…
The Saudi state news agency reported today that the Kingdom is happy with Washington’s decision to not extend the waivers for Iran oil sanctions that it had granted to…
Despite the somewhat sudden end of the U.S. sanction waivers for all Iranian oil buyers, Goldman Sachs doesn’t see oil prices rallying much higher. “While we acknowledge the near-term…
Halliburton said that the market for oilfield services had reached a bottom and was poised for a rebound, a statement that initially led to a jump in its share price.…
Battery metals tracker Adamas Intelligence says that in February 2019, 76% more lithium carbonate equivalent (LCE) was deployed worldwide in batteries of new electric, plug-in hybrid and hybrid electric passenger…