• 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
  • 5 days How Far Have We Really Gotten With Alternative Energy
OPEC+ Cuts Offset By Booming U.S. Oil Production

OPEC+ Cuts Offset By Booming U.S. Oil Production

Despite a reduction in active drilling rigs, U.S. crude oil production is on track to set a monthly record in September, matching its previous high from November 2019.

Latest Energy News

More Editorials

Russia’s Oil Export Revenues To Rise This Year As It Evades The G7 Price Cap

Russia is set to see its revenues from oil exports climb this year as it has managed to ship three-quarters of its oil overseas without Western insurance.

21 hours ago

How The Transition Push Contributed To Higher Oil Prices

Uncertainty caused by the transition agenda of the governments has reduced appetite to invest in new oil and gas projects, a development that may lead to structurally higher energy prices

1 day ago

Uranium Investors Bet Big On Nuclear Renaissance

Amid a increasing global appetite for expansion of nuclear energy, uranium markets have been on a roll after prices for yellowcake gained more than 20% ytd.

1 day ago

Investment Shortfall Threatens Europe’s Green Transition

President Biden's advisor, Heather Boushey, encourages the U.K. and Europe to increase their green technology investments, mirroring the ambitious U.S. Inflation Reduction Act.

1 day ago

Aluminum Oxide Shortage Pushes Russia To Diversify Supply Chain

Facing a shortage after the Ukraine invasion, Russia pivots to importing aluminum oxide from India and grapples with global supply challenges.

2 days ago

World's Fourth Biggest Iron Ore Producer Stops Buying Carbon Offsets

Fortescue Metals Group stops buying voluntary carbon offsets amid concerns over their actual environmental benefits.

2 days ago
More Articles





ADVERTISEMENT



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