• 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
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 9 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 8 days How Far Have We Really Gotten With Alternative Energy
  • 10 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 11 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.

Energy

OPEC Should Thank Venezuela For Falling Production

Jan 04, 2018 at 09:10 | Irina Slav

OPEC’s crude oil production remained largely unchanged from November in December, but that was mostly thanks to a 50,000-bpd decline in Venezuela’s production, as well as further cuts in Saudi…

What’s Behind The Canadian Rig Count Crash

Jan 03, 2018 at 14:26 | Nick Cunningham

The U.S. rig count has been on the rise for months, despite some recent hiccups, but Canada’s rig count recently plunged amid low oil prices. Canada’s rig count fell from…

Cold Weather Shocks Natural Gas Prices

Jan 03, 2018 at 14:24 | Nick Cunningham

Natural gas markets are receiving a jolt from the wave of icy weather that has swept over the Eastern half of the United States. The effect is twofold: extreme cold…

Can Norway Survive Without Big Oil?

Jan 03, 2018 at 14:19 | Irina Slav

Supermajors are shunning Arctic oil exploration in Norway, or at least that’s the overwhelming feeling after the last licensing round conducted by the Norwegian Petroleum Directorate in early December. Eleven…

Why Germans Are Being Paid To Use Power

Jan 03, 2018 at 14:10 | Kent Moors

Germany’s drive to use renewable sources of energy seems to be bearing fruit. Beginning last weekend, prices for electricity in the country declined below zero. That means consumers are being…

Can The U.S. Compete In The Electric Car War?

Jan 03, 2018 at 13:54 | Leonard Hyman & William Tilles

Recently, William Clay “Bill” Ford Jr., executive chairman of Ford Motor Co., said China was “at the heart” of the electric vehicle and the “mobility” movements. It was an interesting…

Saudi Oil Exports To China Hit One-Year Low

Jan 03, 2018 at 11:51 | Tsvetana Paraskova

Saudi Arabia’s crude oil exports en route to China in December were 20 percent lower compared to November, which would be the lowest level of Saudi crude sales to China…

What Is Tesla Hiding From Wall Street?

Jan 03, 2018 at 10:41 | Irina Slav

Tesla is making analysts’ lives interesting by keeping its cards close to its chest when it comes to the Model 3—the first affordable Tesla that should turn the company into…

2018: The Year Of The Oil Bulls

Jan 02, 2018 at 14:42 | Irina Slav

Oil started this year with further price gains despite the quick restart of the Forties pipeline and the equally quick repairs of a pipeline in Libya, where a pipeline blast…

The 10 Energy Stories That Defined 2017

Jan 02, 2018 at 14:40 | Robert Rapier

As 2017 comes to a close, it’s time to review the top energy stories of the year. There are several stories that could compete for the year’s top spot, but…

Gas Wars: The First Energy Conflict In 2018

Jan 02, 2018 at 13:40 | ZeroHedge

The eastern Mediterranean is expected to witness the first conflict of 2018, as developments at the end of 2017 are signaling worsening relationships between Turkey and the Greek Cypriot-Greece-Israel-Egypt bloc. Territorial…

Oil Markets Start 2018 With A Bang

Jan 02, 2018 at 12:53 | Tom Kool

Despite pipelines in the North Sea and Libya coming back online in 2018, oil has remained above $60 in the new year. These high prices have largely been driven by…

Russia Boosts 2017 Crude Oil Production To 30-Year High

Jan 02, 2018 at 11:29 | Tsvetana Paraskova

Despite the fact that Russia is cutting its oil production as part of OPEC and allies’ deal to restrict global oil supply, Moscow’s average daily crude oil production inched up…

Oil Sees Strongest Start Of Year Since 2014

Jan 02, 2018 at 09:34 | Irina Slav

Brent crude and West Texas Intermediate started trading in 2018 above US$60 a barrel both for the first time since January 2014, before prices collapsed. WTI hit a high of…

U.S. Shale Can’t Offset Record-Low Oil Discoveries

Dec 29, 2017 at 14:24 | Tsvetana Paraskova

The U.S. shale resurgence has been one of the main themes in oil markets this year, while OPEC’s production cut deal to deplete the oil overhang and boost oil prices…

Forties Pipeline To Return To Normal Rates Around New Year

Dec 29, 2017 at 14:21 | Tsvetana Paraskova

The Forties Pipeline in the North Sea is expected to return to normal flow rates of some 450,000 bpd around new year, the operator of the pipeline, Ineos, said in…

UK Smashes 13 Clean Energy Records In 2017

Dec 29, 2017 at 14:16 | City A.M

You might be feeling a bit blue about returning to work, but the year is closing on more of a green note. It was a record year for powering the…

Oil-Rich Venezuela Is Out Of Gasoline

Dec 29, 2017 at 14:11 | MINING.com

After lining up for an entire day to get a plane ticket to visit her relatives in the western city of Mérida, Josefina García did not know if she and…

GOP Tax Bill Is A Boon For Oil And Gas

Dec 29, 2017 at 14:11 | Todd Royal

A few days before Christmas, the U.S. House and Senate passed the most comprehensive tax reform plan since 1986. Upon signing the bill, President Donald Trump called it “an…

Oil Tops $60 At Close of Year

Dec 29, 2017 at 12:41 | Tom Kool

(Click to enlarge) (Click to enlarge) (Click to enlarge)

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