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

Breaking News:

Hess Board Recommends Merger With Chevron

Energy

Oil Prices Fall As Markets Lose Faith In OPEC Output Cut Extension

Mar 21, 2017 at 12:41 | Matt Smith

Crude prices are coming under selling pressure once again, as oversupply concerns dwarf OPEC production cut expectations. As equity markets join oil prices in charging lower, hark, here are six…

A Sign Of Slowing Demand? Chinese Refiners Reach Crude Import Quota

Mar 21, 2017 at 12:12 | Irina Slav

China’s independent refiners known as teapots have used up the amount of imported crude that the government allocated to them in January, which means imports are likely to slow down…

Iran’s 14 Billion-Barrel Oil Field Comes Online

Mar 21, 2017 at 10:44 | Dave Forest

Back from the wilds of Asia. Just in time to witness one of the most critical new field start-ups the global oil sector has seen in years. That’s the South…

Oil Has Room To Fall As Speculators Bail On Bullish Bets

Mar 20, 2017 at 15:44 | Nick Cunningham

Last week, after WTI dipped to $48, it seemed to firm up a bit on assurances from OPEC regarding compliance with its cuts, and a better-than-expected report from the…

Is China The Next Key Influencer In The Middle East?

Mar 20, 2017 at 15:26 | Irina Slav

Saudi Arabia’s king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry said it would be happy…

OPEC Favors Production Cut Extensions As Next Meeting Nears

Mar 20, 2017 at 14:55 | Zainab Calcuttawala

Members of the Organization of Petroleum Exporting Countries (OPEC) favor extending production cuts beyond June to continue efforts to rebalance global oil markets, according to a new report by Reuters.…

Is A Russian-Iranian Energy Pact In The Making?

Mar 20, 2017 at 14:17 | Viktor Katona

In the lead-up to President Rouhani’s visit to Moscow, expected to take place in late March, a plethora of news regarding joint Russo-Iranian energy projects has been circulating on…

How Tesla Just Tripled Its Earnings In China

Mar 20, 2017 at 11:46 | Tsvetana Paraskova

Earlier this month, Tesla Inc reported that its revenues in China topped $1 billion in 2016, more than triple the revenues it generated there in 2015. The Chinese market…

The Single Biggest Threat To An OPEC Deal Extension

Mar 17, 2017 at 17:55 | Nick Cunningham

If OPEC fails to agree to extend their production cuts for another six months, Iraq could be a major reason why. For many years after the 2003 U.S. invasion, Iraq…

The Oil Market Is At A Major Turning Point

Mar 17, 2017 at 17:52 | Nawar Alsaadi

Often the most important turning points in markets, and in this case the oil market, happen with a whimper rather than a bang. The ongoing crash in the oil market…

Submerged Platforms To Revolutionize Offshore Oil & Gas

Mar 17, 2017 at 17:43 | Irina Slav

Efficiency is the new buzzword for the oil and gas industry in case someone’s missed it. But it is more than just a buzzword, at least for some industry players…

Can Iran Continue Playing Nicely With OPEC?

Mar 17, 2017 at 17:41 | Gregory Brew

One of the key components of last year’s OPEC production deal was the proviso that the Islamic Republic of Iran could continue increasing production by several hundred thousand bpd, until…

The Oil Price Roller Coaster Is Not Over Yet

Mar 17, 2017 at 17:36 | Kent Moors

Despite the clamor being raised by “analysts” portending a bloodbath in oil prices during the sharp decline late last week, neither the underlying market dynamics nor the oil trading contracts…

Oil And Gas States Forced To Cut Education Spending

Mar 17, 2017 at 17:28 | Tsvetana Paraskova

The oil price slump has put pressure on the budgets of the U.S. oil and coal states that have been struggling with lower energy tax revenues and difficult decisions about…

State Owned Enterprises Take More Energy Business

Mar 17, 2017 at 17:19 | Leonard Hyman & William Tilles

Foreign state owned enterprises appear poised to take an even larger, more active role in the interna-tional energy business in all aspects--nuclear as well as renewables. Press reports indicate that…

Stop Counting On Oil Contangos

Mar 17, 2017 at 17:19 | Dan Dicker

In early 2009, I did a segment on CNBC with Erin Burnett and the late Mark Haines, pointing out a way for us to band together and make some serious…

Investing In The Nuclear Renaissance

Mar 17, 2017 at 17:16 | Martin Tillier

Since the election in November energy stocks have soared, with most of the attention being on conventional oil and gas producers. That makes sense, but traders and investors should not…

OPEC Deal Shaky While U.S. Shale Prospers

Mar 17, 2017 at 17:14 | Editorial Dept

Friday March 17, 2016 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 - 17th March 2017

Mar 17, 2017 at 17:11 | Editorial Dept

Politics, Geopolitics & Conflict • Mustafa Ali, a prominent environmental justice adviser with the Environmental Protection Agency (EPA) has handed in his resignation in response to a White House plan…

Impending Volatility In The Oil Markets

Mar 17, 2017 at 16:58 | Jim Hyerczyk

This week’s price action in the crude oil market suggests that last week’s huge sell-off may have been a liquidation break or the break designed to drive out the weakest…

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