• 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
  • 9 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days If hydrogen is the answer, you're asking the wrong question
  • 11 hours How Far Have We Really Gotten With Alternative Energy
  • 10 days Biden's $2 trillion Plan for Insfrastructure and Jobs

Energy

Oil Prices Waver As OPEC Makes Final Push

Nov 18, 2016 at 13:47 | Evan Kelly

Oil prices falter at the end of a week full of OPEC rhetoric as a result of a soaring dollar.

Oil Slides As U.S. Rig Count Surges Most In 16 Months

Nov 18, 2016 at 12:23 | Julianne Geiger

Baker Hughes reported an astonishing 20-rig gain this week to the number of active oil and gas rigs in the United States for its November 18th reporting period, bringing the…

Venezuela’s Oil Industry To Receive Another Shot In The Arm From China

Nov 18, 2016 at 11:18 | Matt Smith

As the U.S. dollar climbs higher and higher (and higher), the crude complex is getting blown over by the gale-force headwinds it is providing. We edge closer and closer to…

OPEC: Iran Must Cap Output At 3.9 Million Bpd

Nov 18, 2016 at 10:20 | Irina Slav

OPEC’s eagerly awaited production cut agreement may have just gotten even harder to reach as OPEC members meeting in Doha are now asking Iran to freeze its output at 3.92…

Asian Energy Giants Plan A Spending Spree In Oil & Gas

Nov 18, 2016 at 09:16 | Dave Forest

Good news for mining finance this week. With Australia’s EMR Capital announcing it has raised $860 million for a second investment fund targeting gold, copper, potash, and coking coal…

Why The Permian Just Got Even Hotter

Nov 17, 2016 at 16:50 | Nick Cunningham

The U.S. Geological Survey just published an assessment of oil reserves for a section of the Permian Basin, revealing the largest estimate of continuous oil that the agency has…

Trump Could Send A Shockwave Through Natural Gas Markets

Nov 17, 2016 at 16:35 | Rakesh Upadhyay

The value of any commodity is based on its supply and the demand in the market. If one of them is disrupted, it affects prices. Natural gas has been a…

Does A Link Remain Between Inflation And Oil Prices?

Nov 17, 2016 at 14:43 | Peter Taberner

Many economists would argue that there is a complex relationship between oil prices and inflation, comprising of many differing factors. There seems to have been a calming of that connection…

Oil Prices Slightly Up On OPEC Optimism

Nov 17, 2016 at 13:07 | Matt Smith

Crude is pushing higher, fanned by OPEC production cut hopes, but kept somewhat in check by rampant US dollar strength on the back of positive U.S. economic data. Hark,…

OPEC’s Proposed Cut Will Not Be Enough To Boost Oil Prices

Nov 17, 2016 at 12:43 | Oil & Gas 360

OPEC Production Cut of 1 MMBOPD Would Raise Oil Prices About $3; Equal Demand Growth Would Add another $4 As OPEC’s November 30 meeting in Vienna draws closer, the outlook…

Saudis Announce OPEC Output Ceiling: 32.5 Million Bpd

Nov 17, 2016 at 11:19 | Tsvetana Paraskova

OPEC’s oil production cut will cap its total production at 32.5 million barrels per day in order to balance the oil market, Saudi Arabia’s oil minister Khalid al-Falih said…

OPEC Ready To Force Members To Join Cut

Nov 17, 2016 at 10:01 | Irina Slav

Some OPEC members are saying OPEC will do whatever it takes to make all members join the production cut agreement that’s been chewed over since late September—willing or unwilling. According…

Are The Saudis About To Reveal The Best Kept Secret In Oil?

Nov 16, 2016 at 16:39 | Nick Cunningham

One of the oil world’s longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret…

Is There Enough Pain To Force An OPEC Deal

Nov 16, 2016 at 16:20 | Peter Tertzakian

Where is all this oil coming from? Millions of barrels of excess crude oil are weighing down tankers that are being filled from pipelines coming from fields where rows of…

IEA Sees Oil Price Shock Ahead As Conventional Supply Falls

Nov 16, 2016 at 16:15 | Tsvetana Paraskova

If the oil industry’s upstream investments continue to be lower next year, there is a material risk that the world could end up with a shortage in new conventional supply…

How Trump Can Help OPEC Reach Its Production Quota

Nov 16, 2016 at 15:08 | Tsvetana Paraskova

While highly politically and economically charged behind-the-scenes OPEC talks are going on, the market and analysts are now factoring in another unknown that could come from outside OPEC and theoretically…

Is The U.S. Set To Become An LNG Powerhouse

Nov 16, 2016 at 15:02 | Liubov Georges

US LNG in Global Market: Exciting Opportunities and High Risks The LNG industry has been turned on its head by forces that could not been foreseen just…

Oil Sinks Back After Key OPEC Members Turn Down Invitation For Doha Meeting

Nov 16, 2016 at 11:33 | Matt Smith

Oil rallied this morning for a second consecutive day, despite a bearish-tilted EIA report. But fell in the late morning as more weight is placed on behind-the-scenes OPEC meetings, financial…

Oil Inches Higher In Spite Of EIA Reported Inventory Builds

Nov 16, 2016 at 09:59 | Irina Slav

After the API yesterday reported a 3.65-million-barrel increase in crude oil inventories and WTI remained relatively stable, the EIA has thrown in an official build/decline in inventories sure to…

The U.S. Just Became A Net Exporter Of Natural Gas

Nov 16, 2016 at 09:40 | Dave Forest

America’s energy scene has been in massive flux since the “shale miracle” broke in 2010. And these past weeks, the U.S. oil and gas industry set a milestone. Doing something…

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