• 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
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 16 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 15 hours How Far Have We Really Gotten With Alternative Energy
  • 16 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 3 days Bankruptcy in the Industry
  • 6 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days The United States produced more crude oil than any nation, at any time.
OPEC+ Can Stop An Oil Rally To $100

OPEC+ Can Stop An Oil Rally To $100

The OPEC+ group could influence…

Tesla to Lay Off Over 10% of Global Workforce

Tesla to Lay Off Over 10% of Global Workforce

Tesla is laying off over…

Oil Moves Higher on Inventory Draw

Oil Moves Higher on Inventory Draw

Crude oil prices ticked higher…

Energy

More Federal Land Drilling: Possible, But Not Profitable

Dec 08, 2016 at 14:53 | Peter Taberner

As the United States catches its breath following the shock election victory of Donald Trump, the oil industry could be facing significant changes, including the President elects’ open door policy…

Crude Rises Ahead Of Non-OPEC Meeting

Dec 08, 2016 at 13:17 | Matt Smith

The mood of crude has flipped again, with optimism rising ahead of the NOPEC meeting at the weekend. Even though doubts persist, for today, oil prices push higher. Hark, here…

Trump’s Energy Advisor Hamm: We Are So Much Stronger Than The Saudis

Dec 08, 2016 at 12:33 | Tsvetana Paraskova

U.S. crude oil production is not expected to rise much next year from the current levels of around 8.6 million bpd, energy mogul Harold Hamm said at the S&P…

Leonardo DiCaprio Meets With Trump To Discuss Creation Of Millions Of Green Jobs

Dec 08, 2016 at 10:20 | ZeroHedge

In one of the more unexpected visits to take place to the penthouse at the Trump Tower on Wednesday, Leonardo DiCaprio and the head of his foundation met with President-elect…

Glencore, Qatar Fund Buy 20% In Rosneft

Dec 08, 2016 at 09:19 | Irina Slav

Glencore has teamed up with Qatar’s sovereign wealth fund to acquire a 19.5-percent stake in Russia’s oil giant Rosneft. The Swiss-based commodity trader and miner, led by Ivan Glasenberg, will…

Will We See $60 Oil By Christmas?

Dec 07, 2016 at 16:45 | Rakesh Upadhyay

For the first 11 months of the year, OPEC talked oil prices up, but by December it became clear that oil prices were not going to rise higher on mere…

U.S. Shale Set To Kill Oil Price Rally

Dec 07, 2016 at 16:24 | Nick Cunningham

The resurgence of U.S. shale will undermine the OPEC-fueled price rally, capping oil prices at roughly $50 per barrel through 2017. That is the conclusion from the EIA’s latest

The End Of The Bust? U.S. Shale Patch Could Start Hiring Soon

Dec 07, 2016 at 16:04 | Irina Slav

More than 150,000 jobs in the oil and gas sector in the U.S. have been cut since the start of the oil price crisis in mid-2014. In just the…

Drilling Frenzy? Oilfield Services Booked Out

Dec 07, 2016 at 15:46 | Peter Tertzakian

“If you don’t have your crews lined up by now, you’re not going to be able to complete your wells in Q1,” replied my oilfield service friend. “We’re fully booked…

Oil Minister: Venezuela Has Left 500,000 Bpd Output Out Of OPEC Deal

Dec 07, 2016 at 13:53 | Tsvetana Paraskova

Venezuela - one of the OPEC deal’s staunchest promoters and supporters – produces around 500,000 barrels per day of heavy oil, and this figure has been left out of the…

How OPEC Has Papered The Oil Market Cracks

Dec 07, 2016 at 13:10 | Osama Rizvi

The outcome of the Vienna meeting came as a pleasant surprise to oil markets. A deal had been hammered out and, despite the resistance, OPEC and Non-OPEC producers had agreed…

Oil Falls As OPEC Euphoria Abates

Dec 07, 2016 at 10:52 | Matt Smith

As the meeting of NOPEC fast approaches this weekend, the mood in the oil market has shifted from euphoria to skepticism, as questions remain around the intent of key producers.…

EIA Reports Crude Inventory Draw Amid Rising Doubts On OPEC Deal

Dec 07, 2016 at 09:43 | Irina Slav

As doubts about the effectiveness of OPEC’s production cut deal continue to rise, the EIA reported a 2.4-million-barrel fall in commercial inventories for the week to December 2. The…

Kuwait Calls For Meeting To Enforce OPEC Cut In Q1 2017

Dec 07, 2016 at 09:09 | Zainab Calcuttawala

Kuwait will be taking a leadership role in monitoring the Organization of Petroleum Exporting Countries’ (OPEC) week-old production freeze deal, according to acting oil minister Anas al-Saleh, who said he…

OPEC Cheating Will Cap Oil At $52

Dec 06, 2016 at 16:27 | Nick Cunningham

OPEC succeeded in pulling off what many thought was impossible, overcoming mutual disdain and mistrust to reach a deal on reducing its oil output. Oil prices skyrocketed on the…

Oil & Gas Stocks Soar On OPEC Deal – Can The Rally Continue?

Dec 06, 2016 at 16:20 | Zainab Calcuttawala

The markets are reacting to the Organization of Petroleum Exporting Countries’ (OPEC) planned production reduction not just in oil price spikes, but stock prices, too—giving the deal the power to…

Venezuela’s Maduro Praises The OPEC Deal, But How Good Is It Really?

Dec 06, 2016 at 15:49 | Tsvetana Paraskova

Nicolas Maduro, the Socialist president of recession-hit and hyperinflation-stifled Venezuela, was the most vocal supporter and promoter of an OPEC deal to reduce oil supply in a bid to lift…

Permian - Hottest Oil & Gas Zip Codes, Or Dangerous Bubble?

Dec 06, 2016 at 15:47 | Laura Freeman

It is a very frustrating deal market in O&G overall. Despite the collapse in oil prices from a couple years ago the deal flow is still very slow, the buyer/seller…

Oil Rally Hits The Wall As Markets Grow More Skeptical Of OPEC Deal

Dec 06, 2016 at 14:00 | Evan Kelly

After rallying to 16 month highs on the back of the OPEC output deal, oil is falling as a result of record OPEC production, complicating the proposed cuts.

OPEC Winners: Iran Brags It Can Now Sell As Much Oil As It Wants

Dec 06, 2016 at 13:15 | Tsvetana Paraskova

Iran is now able to sell as much oil as it wants and to any country it “deems appropriate”, the oil ministry’s news service Shana quoted Iranian President Hassan Rouhani…

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