• 4 minutes China 2019 - Orwell was 35 years out
  • 7 minutes Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 11 minutes Trump will capitulate on the trade war
  • 14 minutes Glory to Hong Kong
  • 2 hours China's Blueprint For Global Power
  • 3 hours Yesterday Angela Merkel stopped Trump technology war on China – the moral of the story is do not eavesdrop on ladies with high ethical standards
  • 2 hours IMO 2020:
  • 10 mins Here's your favourite girl, Tom!
  • 49 mins Brexit agreement
  • 18 hours The Problem Is The Economy, Not The Climate
  • 19 hours Idiotic Environmental Predictions
  • 11 hours The Ultimate Heresy: Technology Can't Fix What's Broken
  • 37 mins Australian Hydroelectric Plant Cost Overruns
  • 2 days World Stocks Drop And Futures Tread Water After China Reports Worst GDP Growth In 30 Years
  • 2 days Deepwater GOM Project Claims Industry First
  • 1 day NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel
Alt Text

Iran Claims To Have Video Evidence Of Oil Tanker Attacks

An Iranian National Security official…

Alt Text

Iraq Gets Yet Another Sanctions Waiver

Iraq has been given another…

Alt Text

Are U.S. Sanctions Killing Crude?

U.S. sanctions on Venezuela and…

Tom Kool

Tom Kool

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations

More Info

Premium Content

Oil Bulls See Glimmer Of Hope

Oil prices clawed back some losses at the end of the week on bullish news from OPEC.

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

Oil prices showed some life at the end of this week on news that Saudi Arabia was holding firm on the OPEC+ cuts. Also, there are some glimmers of hope that the Trump administration won’t move forward on its proposed trade war with Mexico.

Automakers warn Trump on emissions deregulation. The world’s largest automakers warned the Trump administration that its effort to water-down fuel economy standards for cars and trucks would create “untenable” instability in the manufacturing sector and slash profits for the automotive sector. In a letter signed by 17 car companies, including Ford (NYSE: F) and GM (NYSE: GM), they urged the administration not to move forward with a plan to roll back fuel economy standards. In particular, because California would continue to enforce its own standards, the nationwide fuel economy standards would give way to a patchwork across various states, something the auto industry desperately wants to avoid.

Saudi Arabia affirms plans to extend cuts. Saudi oil minister Khalid al-Falih said that an OPEC+ extension was all but certain. “I don’t think the question is at all whether we will extend or…



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play