• 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
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day Could Someone Give Me Insights on the Future of Renewable Energy?
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 7 hours 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
  • 3 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

Russia And Saudi Arabia Fight For Market Share In This Huge Oil Market

Feb 13, 2020 at 14:24 | Viktor Katona

One of the last bulwarks of global crude demand, India has been in the thick of national NOCs’ attention – Saudi Arabia will from now on participate in India’s Strategic…

Do Oil Drillers Need A New Business Model?

Feb 13, 2020 at 13:57 | Tsvetana Paraskova

Exploration and production (E&P) companies are set to face one of the biggest challenges - if not the biggest challenge ever - to their business models.  This challenge is a…

Africa’s Largest Oil Nation Could See Production Drop 35%

Feb 13, 2020 at 13:06 | Tsvetana Paraskova

Nigeria’s oil production could drop by 35 percent in the next ten years as regulatory uncertainty and costs amid languishing oil prices may prompt oil majors to postpone final investment…

OPEC Aims To Balance Oil Markets Against All Odds

Feb 13, 2020 at 12:51 | Robert Rapier

As 2019 came to a close, oil prices were under pressure from the continued surge of U.S. shale oil. Although OPEC and its partners had already cut production by more…

Global Oil Inventories Set To Soar As OPEC Fails To Take Action

Feb 13, 2020 at 11:48 | Rystad Energy

The coronavirus outbreak in China will curb global oil demand growth by at least a quarter this year, and the production cuts of 600,000 barrels per day…

Oil Recovers From Last Night’s Nosedive

Feb 13, 2020 at 10:20 | Irina Slav

The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new coronavirus cases had been diagnosed in the Chinese province of Hubei,…

Big Oil Warned Trump That China Trade Deal Wouldn't Work

Feb 13, 2020 at 09:33 | Irina Slav

The American Petroleum Institute warned the Trump administration that the U.S. oil industry would be hard pressed to produce all the oil China has committed to buy under the Phase…

A Third Of Fossil Fuel Assets May Soon Be Stranded

Feb 12, 2020 at 17:13 | Alex Kimani

Fossil fuel companies hold vast oil, gas and coal riches that they frequently tout to the investing universe to help elevate their market values. However, not a single energy company…

The Real Reason The Saudis Are Desperate To Restart This Giant Oilfield

Feb 12, 2020 at 17:09 | Simon Watkins

Sources from Kuwait and Saudi Arabia last week let it be known that trial production of 10,000 barrels per day (bpd) would start at the Khafji field in the ‘Partitioned…

Shale Gas Drillers Are Facing A Perfect Storm

Feb 12, 2020 at 16:53 | Nick Cunningham

Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week,…

How Much Further Can Libya’s Oil Production Fall?

Feb 12, 2020 at 15:00 | Viktor Katona

As the 2019-nCoV coronavirus continues to wreak havoc on the oil markets, dropping oil prices more vehemently and abruptly than the 2003 SARS outbreak did, the current plight of Libya…

Bearish Sentiment Will Dominate Oil Markets Through 2020

Feb 12, 2020 at 12:49 | Osama Rizvi

We are less than two months into the new decade and we’ve already seen multiple major oil market events. The first was the killing of Qasim Soleimani, the commander…

Why China Shuns U.S. LNG Despite Trade Deal

Feb 12, 2020 at 12:14 | Rystad Energy

An ongoing two-year long trade war between the US and China that has impacted the exports of both countries seemed to be closer to a resolution in January, when the…

North Dakota’s Crude Oil Production Could Peak Within 5 Years

Feb 12, 2020 at 12:00 | Tsvetana Paraskova

Crude oil production in North Dakota could peak over the next five years as producers will have drilled up the core production areas and will have to move to…

OPEC Sees Oil Demand Grow By 990,000 Bpd In 2020

Feb 12, 2020 at 11:18 | Tsvetana Paraskova

OPEC slashed on Wednesday its global oil demand growth forecast for 2020, expecting the coronavirus outbreak to weigh heavily on fuel demand in the world’s oil demand growth driver, China.…

EIA Reports Hefty Oil Inventory Build

Feb 12, 2020 at 09:40 | Irina Slav

Crude oil prices hesitated today after the Energy Information Administration reported a U.S. oil inventory build of 7.5 million barrels for the first week of February. The report came…

OPEC Slashes Oil Demand Forecast On Coronavirus Crunch

Feb 12, 2020 at 09:06 | ZeroHedge

Perhaps buoyed by speculation that oil demand in China is set to plunge as much as 20% if not more on the coronavirus "demand shock", on Tuesday OPEC slashed it forecast…

The Ticking Time Bomb That Could Crush Oil Markets

Feb 11, 2020 at 16:48 | Nick Cunningham

Libya’s oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut deeper. Libya’s civil war entered…

The $2 Trillion Threat To Middle East Oil

Feb 11, 2020 at 16:48 | Tsvetana Paraskova

The global drive to mitigate the impact of climate change and boost renewable energy is threatening the immense wealth that the Arab Gulf oil producers have accumulated from crude oil…

Scientists Create New Material To Cut Emissions From Oil Refining

Feb 11, 2020 at 16:44 | Tsvetana Paraskova

As the world grapples with containing carbon emissions to fight climate change, scientists have created a new material that has the potential to reduce emissions from crude oil refining and…

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