• 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 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 3 hours They pay YOU to TAKE Natural Gas
  • 6 days e-truck insanity
  • 4 days An interesting statistic about bitumens?
  • 9 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 9 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

The U.S. Supermajors Double Down on World's Top Oil Basins

The U.S. Supermajors Double Down on World's Top Oil Basins

The U.S. supermajors are doubling…

Energy / Crude Oil

The Texas Oil Boom Isn’t Creating Enough Jobs

Jul 30, 2018 at 13:11 | Irina Slav

Texas is witnessing a fresh oil boom with June production hitting 4.3 million bpd, all thanks to two things: efficiency improvements and, of course, oil prices. But not everyone is…

Iraq Security Forces Disperse Oil Field Sit-Ins

Jul 30, 2018 at 10:57 | Irina Slav

Iraq’s security troops have dispersed two sit-ins in southern Iraq, one at a key oil field, local media report. The field is West Qurna-1, one of the biggest in…

Saudis Won’t Suspend Oil Exports To The West

Jul 30, 2018 at 09:09 | Irina Slav

Aramco is unlikely to suspend West-bound crude oil exports after the Houthi missile attacks against two Saudi tankers in the Bab el Mandeb strait, The National reports citing oil…

Coke, Meth And Booze: The Flip Side Of The Permian Oil Boom

Jul 27, 2018 at 15:34 | Tsvetana Paraskova

The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers. The Permian…

Profitability Is Finally Within Reach For U.S. Shale

Jul 27, 2018 at 15:33 | Nick Cunningham

The shale industry is on the verge of becoming profitable…for the first time. “Higher prices and operational improvements are putting the US shale sector on track to achieve positive free…

What’s Keeping Investors Away From Energy Stocks?

Jul 27, 2018 at 15:32 | Dan Steffens

The prices of crude oil and natural gas liquids are much higher than they were a year ago and the outlook for natural gas prices has improved. However, dozens of…

How U.S. Shale Flipped The Script In Global Oil Markets

Jul 27, 2018 at 15:32 | Robert Rapier

In the previous article, Asia’s Insatiable Oil Demand, I covered global and regional oil consumption numbers according to the recently-released 2018 BP Statistical Review of World Energy. To…

Tight Oil Markets Are Ignoring Supply Risk

Jul 26, 2018 at 15:18 | Cyril Widdershoven

The global oil market is once again in flux as geopolitics and regional conflicts take an increasingly heavy toll on oil supplies. Since the OPEC meeting in Vienna, warning signs…

Saudi Arabia Halts Oil Shipments At Key Chokepoint

Jul 26, 2018 at 09:12 | Irina Slav

Saudi Arabia halted crude oil and oil product shipments via the Bab el Mandeb chokepoint in the Red Sea after a Houthi attack on two Saudi tankers near the port…

China’s CNPC To Invest $22 Billion In New Oil Frontier

Jul 25, 2018 at 12:04 | Tsvetana Paraskova

China National Petroleum Corporation (CNPC) will invest the equivalent of more than US$22 billion by 2020 on boosting its oil and gas production in the western region of Xinjiang…

Oil Markets Stabilize On Major Crude Draw

Jul 25, 2018 at 09:43 | Irina Slav

A day after the American Petroleum Institute pushed prices up by surprising the market with a draw across the crude oil and fuels inventory board, the Energy Information Administration…

Colorado’s Shale Boom Threatened By Ballot Initiative

Jul 24, 2018 at 12:47 | Tsvetana Paraskova

There’s a good chance that a ballot initiative to significantly expand the buffer zones between oil and gas wells and homes and other buildings could be up for voting by…

Can China Replicate The U.S. Shale Boom?

Jul 24, 2018 at 09:08 | Irina Slav

The world’s largest gas importer is also home to the world’s largest reserves of shale gas—gas that is just sitting there, at least for now. China has been struggling to…

Anti-OPEC Bill Could Be A Game-Changer For Oil Markets

Jul 23, 2018 at 12:51 | Tim Daiss

In its effort to wrest more control over global oil markets away from foreign producers, Congress has been pushing a bill that would let the U.S. sue OPEC for oil…

Sri Lanka Looks To Pay For Iranian Crude With Tea

Jul 23, 2018 at 12:39 | Julianne Geiger

Sri Lanka will pay down its oil debt held by Iran with tea in response to new regulations that Sri Lanka has issued in order to comply with a UN…

Is The Oil World In Panic Mode?

Jul 22, 2018 at 09:57 | Dan Dicker

Oil markets have shown tremendous weakness in recent days, losing nearly seven dollars before rallying back a bit on Thursday. What’s causing it? Market analysts have been struggling to find…

UK Natural Gas Production Falls As Usage Climbs

Jul 20, 2018 at 14:23 | Ron Patterson

UK C&C It was expected by many, me included but more importantly UKOGA and a couple of the bigger oil and gas consultancies, that UK offshore oil production would increase…

Norway Oil Strike Ends Just As Another Is Set to Begin

Jul 20, 2018 at 14:11 | Damir Kaletovic

Britain’s largest workers union, Unite the Union, threatened strike action on Equinor’s Mariner oil platform, the union said on Friday, and yet another strike on Total’s North Sea fields is…

Oil Investors Look To Utah For Long-Term Riches

Jul 19, 2018 at 14:12 | Tsvetana Paraskova

The rise in oil prices has resulted in relentless drilling and booming production in the U.S. shale plays, and the Permian in West Texas is attracting the most drillers, analysts,…

China Just Doubled Oil Shipments To North Korea

Jul 19, 2018 at 11:30 | Tsvetana Paraskova

After the recent visits of North Korean leader Kim Jong-un to China, Beijing has almost doubled the volume of crude oil pipeline shipments to North Korea, South Korea’s newspaper Chosun…

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