• 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
  • 7 days If hydrogen is the answer, you're asking the wrong question
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs

Energy

Brent Crude Hits New High On Soaring Demand

May 15, 2018 at 09:27 | Irina Slav

Brent crude hit a new high of over US$79 a barrel on data about higher demand in key markets such as China and OPEC’s bullish Monthly Oil Market Report, in…

The Most Underappreciated Story In The Oil Market

May 14, 2018 at 16:35 | Tsvetana Paraskova

The world is currently watching the growing tensions in the Middle East, and oil market analysts are guesstimating just how much Iranian oil supply the renewed U.S. sanctions could stifle.…

OPEC: The Oil Glut Is Gone

May 14, 2018 at 16:31 | Nick Cunningham

OPEC said that the global oil supply surplus has nearly been eliminated, although the group is shifting its sights on lack of investment in upstream supply. In OPEC’s May Oil…

Expert Analysis: What’s Next For Russian Oil

May 14, 2018 at 16:17 | Viktor Katona

In the wake of Putin’s May 7 inauguration, the corridors of power in Moscow have been replete with speculation regarding the composition of the next government. Alexander Novak, the Energy…

Iran Sanctions Threaten The Petrodollar

May 14, 2018 at 15:51 | Irina Slav

One country must be quite pleased with the prospect of new U.S. economic sanctions against Iran’s oil industry, and this country is the largest oil importer in the world, and…

OPEC Production Stagnates In April

May 14, 2018 at 13:38 | Ron Patterson

The OPEC charts below were created with data from the OPEC Monthly Oil Market Report. The PDF File can be downloaded from here: OPEC MOMR All OPEC data is through April…

ConocoPhillips Moves To Seize Venezuelan Oil Assets

May 14, 2018 at 11:53 | Irina Slav

ConocoPhillips has seized the oil product inventory of Venezuela’s state oil company PDVSA following the issuance of two court orders granting it this right as part of efforts to enforce…

OPEC Lifts Oil Demand Forecast Amid Rising Prices

May 14, 2018 at 09:34 | Tsvetana Paraskova

OPEC revised up on Monday its forecast for global oil demand growth this year, but noted that sanctions, tariffs, and the U.S. withdrawal from the Iran nuclear deal point to…

Higher Oil Prices Look Likely

May 11, 2018 at 16:50 | Nick Cunningham

The path to higher oil prices seems pretty clear, but it isn’t inevitable. There are plenty of reasons why the oil market is suddenly on edge, and why oil prices…

Skeptic Geologist Warns: Permian’s Best Years Are Behind Us

May 11, 2018 at 16:48 | Tsvetana Paraskova

Geologist Arthur Berman, who has been skeptical about the shale boom, warned on Thursday that the Permian’s best years are gone and that the most productive U.S. shale play…

Abu Dhabi’s TAQA Boosts Investment Amid Higher Oil Prices

May 11, 2018 at 16:45 | Tsvetana Paraskova

Like many other energy companies, Abu Dhabi National Energy Company—known as TAQA—suffered from the effects of low oil prices for three years. And now, like the international oil majors, TAQA…

UK Torn Between Hydrogen And U.S. LNG

May 11, 2018 at 16:43 | Irina Slav

The United Kingdom is very diligent in its efforts to become a greener country. This year, local media were proud to report that electricity produced by wind and solar…

U.S. Renewable Capacity Soars

May 11, 2018 at 16:39 | Robert Rapier

The history of power production through the early part of the 21st century was very much a tale of nonrenewable energy resources. Power was produced primarily by coal, natural gas,…

The Coal Plant Of The Future

May 11, 2018 at 16:33 | Leonard Hyman & William Tilles

The U.S. Department of Energy (DOE) wants to develop so called “Coal-Based Power Plants of the Future” according to a recent Request for Information. Well, not exactly. To be precise,…

Germany Moves Forward With Controversial Nord Stream Two

May 11, 2018 at 16:31 | The Jamestown Foundation

Vladimir Putin started his fourth term as Russia’s president by promising ambitious new social programs (Kremlin.ru, May 7). He may be able to deliver on these promises because the…

What Trump’s Iran Decision Tells Us About Oil Markets

May 11, 2018 at 15:47 | Dan Dicker

There is only one oil story worth concentrating on this week, and the market’s reaction to it tells us so much about our oil positions that it deserves to be…

Maintaining A Long Bias On Oil

May 11, 2018 at 15:46 | Martin Tillier

The timing of these pieces, coming at the end of the week, is sometimes a frustration, but often a blessing. There are times when I want to give you a…

Shale Production Booms As Global Supply Wobbles

May 11, 2018 at 15:43 | Editorial Dept

Friday May 11, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory May 11th 2018

May 11, 2018 at 15:35 | Editorial Dept

The U.S. withdrawal from the Iran nuclear deal is now a fact and the market has reacted as expected, namely with a knee-jerk reaction that saw Brent and WTI both…

Is This Oil Rally Sustainable?

May 11, 2018 at 15:31 | Jim Hyerczyk

July West Texas Intermediate crude oil is in a position to post its highest close since late 2014 on Friday. The rally is being driven by looming U.S. sanctions against…

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