• 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
  • 1 day GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours They pay YOU to TAKE Natural Gas
  • 4 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 8 days e-truck insanity
  • 6 days An interesting statistic about bitumens?
  • 10 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

Energy / Crude Oil

Can OPEC Halt An Oil Market Meltdown?

Nov 15, 2018 at 11:27 | Nick Cunningham

What a difference one month makes. One month ago, the International Energy Agency (IEA) warned that the world was “straining parts of the system to the limit,” noting that…

The World's Most Important Oil Region

Nov 15, 2018 at 10:58 | Rystad Energy

Middle Eastern oil production is expected to grow by 2.7 million bpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East…

Significant Crude Build Weighs On Oil Markets

Nov 15, 2018 at 10:12 | Irina Slav

The Energy Information Administration reported a huge crude oil inventory build for the week to November 9 of 10.3 million barrels, arresting an improvement in oil prices that started…

Can Indonesia Turn Around Its Production Decline?

Nov 14, 2018 at 13:36 | Tsvetana Paraskova

At the end of 2016, Indonesia—which had rejoined OPEC just several months before that—refused to take part in the production cut deal and suspended its membership in the organization. Now…

Crude Recovery? OPEC Eyes 1.4 Million Bpd Production Cut

Nov 14, 2018 at 09:27 | Tsvetana Paraskova

OPEC and the non-OPEC partners in the deal are discussing potentially cutting oil production by as much as 1.4 million bpd to try to lift oil prices out of the…

Canadian Oil Producer Calls For Production Cap Amid Record Low Prices

Nov 13, 2018 at 13:40 | Tsvetana Paraskova

One of the large Canadian oil producers, Cenovus Energy, is calling upon the government of Alberta to mandate temporary production cuts at all drillers in a bid to ease…

Could Brazil's Oil Sector Trigger An Economic Miracle?

Nov 13, 2018 at 11:03 | Haley Zaremba

Brazil’s new far-right President elect Jair Bolsonaro, dubbed in some circles as the “Trump of the tropics”, has huge plans in store for Brazilian crude. His energy team is planning…

Non-OPEC Oil Output Soars Despite Price Slide

Nov 13, 2018 at 09:31 | Irina Slav

Crude oil production outside the Organization of Petroleum Exporting Countries is set for further—and more intensive—growth this year and next, according to the latest monthly report of the cartel.…

What’s Behind China’s Record Oil Imports?

Nov 12, 2018 at 16:25 | Tsvetana Paraskova

China imported a record-high volume of crude oil in October, beating the previous all-time high set in April this year. The oil market, gripped by a strong bearish sentiment…

The Biggest Threat To Dollar Dominance

Nov 12, 2018 at 14:12 | Irina Slav

Russian oil exporters are pressuring Western commodity traders to pay for Russian crude in euros and not dollars as Washington prepares more sanctions for the 2014 annexation of Crimea…

Is It Time To Go Long On Crude?

Nov 09, 2018 at 17:09 | Martin Tillier

Last week, I wrote that I expected a bounce in crude before long, and as WTI has continued to fall the trolls have had a field day, pointing out that…

OPEC Fears Another Downturn In Oil

Nov 08, 2018 at 16:53 | Nick Cunningham

Oil prices have fallen so far in the past month that OPEC is clearly growing concerned about a downturn. Saudi Arabia and Russia will explore the possibility of a…

Will China Continue Its Canadian Crude Buying Spree?

Nov 08, 2018 at 16:07 | Irina Slav

Chinese refiners have been buying a lot of Canadian crude oil in the last couple of months, taking advantage of the massive discount of Western Canadian Select to West Texas…

U.S. Oil Production Is Set To Soar Past 12 Million Bpd

Nov 07, 2018 at 16:01 | Tsvetana Paraskova

Rising shale production is putting the United States on track to hit the 12 million bpd oil production mark sooner than previously forecast, the Energy Information Administration (EIA) said…

This Oil Boom Is Going Under The Radar

Nov 07, 2018 at 15:55 | Irina Slav

If anyone needed any further proof that Africa is shaping up as the next major hot spot in oil and gas, this year’s edition of Africa Oil Week will provide…

Iran’s Ghost Tankers Are Slipping Through The Cracks

Nov 07, 2018 at 11:50 | ZeroHedge

In anticipation of the U.S. sanctions against Iranian oil exports, which were reimposed by the Trump Administration on Monday (along with additional sanctions on everything from Iranian shipping to banking…

Can We Expect A New Round Of Oil Production Cuts Next Year?

Nov 07, 2018 at 11:19 | Tsvetana Paraskova

Saudi Arabia and Russia have started bilateral consultations on whether they should start cutting oil production again in 2019, Russian news agency TASS reported on Wednesday, citing an OPEC…

Oil Prices Slip On Crude, Gasoline Inventory Build

Nov 07, 2018 at 09:43 | Irina Slav

After on Tuesday the API accelerated the price slide that began last week with an estimated crude oil inventory build of 7.83 million barrels, the EIA added fuel to…

The Truth About Iran Oil Sanction Waivers

Nov 06, 2018 at 17:00 | Nick Cunningham

The Trump administration has dropped the hammer, officially putting sanctions on Iran’s oil exports. Why, then, might Iran’s oil exports actually increase in the near future? The U.S. granted waivers…

Is Shale The Future For Big Oil?

Nov 06, 2018 at 16:54 | Irina Slav

If anyone had compared shale oil to Google five years ago, it would have sounded strange. Yet when last week in a report Wood Mackenzie’s chairman and chief analyst Simon…

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