• 3 minutes Biden Seeks $2 Trillion Clean Energy And Infrastructure Spending Boost
  • 5 minutes While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network
  • 8 minutes Gazprom fails to exempt Nord Stream-2 from EU market rules
  • 50 mins China wields coronavirus to nationalize American-owned carmaker
  • 5 hours Trumpist lies about coronavirus too bad for Facebook - BANNED!
  • 8 hours The Truth about Chinese and Indian Engineering
  • 7 hours China's impending economic meltdown
  • 10 hours Why Oil could hit $100
  • 1 day The World is Facing a Solar Panel Waste Problem
  • 3 days The Core Issue Of US Chaos..Finally disclosed
  • 17 hours Pompeo upsets China; oil & gas prices to fall
  • 5 hours Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas
  • 8 hours Open letter from Politico about US-russian relations
  • 23 mins Rational analysis of CV19 from Harvard Medical School
  • 13 hours Brent above $45. Holding breath for $50??
  • 2 days Sell Natural Gas Benefits to Grow the Market!
  • 2 days Trump Suggests Delaying Election Amid Fraud Claims

Energy / Energy-General

Economic Turmoil Leaves Oil Trapped At $40

Jul 31, 2020 at 13:20 | Tom Kool

Oil prices fell on Thursday following a truly devastating second-quarter GDP report in the U.S., with WTI now stuck at the $40 mark.For Global Energy Alert members there…

Brutal 20-Week Rig Count Collapse Finally Subsides As Oil Prices Stabilize

Jul 31, 2020 at 12:22 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil rigs fell, while the combined oil and gas rig count in the US held steady this week at 251, marking…

Is Natural Gas Set To Plunge Again?

Jul 31, 2020 at 11:57 | Editorial Dept

With crude stuck in a range for a month or so, my attention has increasingly been on natural gas. That is unusual for me. Anything that moves in big chunks…

Oil Unlikely To Rally Much Higher This Summer

Jul 31, 2020 at 11:31 | Editorial Dept

U.S. West Texas Intermediate crude oil is trading higher on Friday, but down for the week. Thursday’s steep drop also wiped out most of market’s monthly gain. Although the foundation…

Gasoline Demand Is Bouncing Back

Jul 31, 2020 at 11:29 | Editorial Dept

1. China bouncing back- China imposed the strictest lockdown at the start of the pandemic,…

A Brutal Earnings Season

Jul 31, 2020 at 11:26 | Editorial Dept

COVID Market Update Lackluster short-term oil demand is still holding oil benchmarks back and creating a mountain of headaches for oil companies that require higher prices to break even. Despite…

Libya's Oil Conflict Is Escalating Again

Jul 31, 2020 at 11:22 | Editorial Dept

A line-up of external actors is preparing to escalate the military conflict in Libya, but none of them want to. It’s about securing positions and hoping for a real cease-fire…

Oil Price Crash Led To Exxon’s Worst Loss In Its Modern History

Jul 31, 2020 at 10:42 | Tsvetana Paraskova

Following the oil price and demand crash, ExxonMobil (NYSE: XOM) reported on Friday its second consecutive quarterly loss, which was the worst loss for the U.S. supermajor in its…

Oil Books Another Monthly Gain Despite Demand Concerns

Jul 31, 2020 at 09:28 | Tsvetana Paraskova

Oil prices were on track to wrap up another month of gains early on Friday, although concerns about the pace of oil demand recovery have capped daily gains in July.…

Oil Majors Report Dismal Second Quarter Earnings

Jul 30, 2020 at 17:27 | Nick Cunningham

On Thursday, some quarterly figures from the oil majors started coming in – and they are mostly negative.  Royal Dutch Shell reported

Exxon’s Mad Dash To Save Its Dividend

Jul 30, 2020 at 17:10 | Julianne Geiger

Exxon is planning to cut jobs and spending, in a hail mary to preserve its dividend, according to anonymous Reuters sources. Exxon spokesman Casey Norton, however, has…

MLPs Are No Longer An Oil & Gas Safe Haven

Jul 30, 2020 at 13:09 | Alex Kimani

A toxic chain of events surrounding a new face in Washington, the COVID-19 pandemic, and the subsequent demand construction and price crash that roiled the markets has stripped…

Trading Profits Save Oil Majors In Very Volatile Second Quarter

Jul 30, 2020 at 10:12 | Tsvetana Paraskova

In a big day for earnings releases, European majors Shell and Total reported on Thursday surprise profits for the second quarter, thanks to strong oil trading business when prices were…

America’s Big Plan To Bring Nuclear Energy To Space

Jul 29, 2020 at 16:53 | Haley Zaremba

The United States nuclear power sector has been in steep decline for years. Even though nuclear energy, which produces zero greenhouse gas emissions, stands to have a huge…

Is The UK’s Ambitious Plan For 30 Million EVs Feasible?

Jul 29, 2020 at 14:16 | Irina Slav

Seven percent - that's the portion of electric vehicles and plug-in hybrids as a percentage of total sales as of the first quarter of this year. There were…

The COVID Crisis Could Lead To A Green Energy Boom

Jul 29, 2020 at 13:38 | Haley Zaremba

The novel coronavirus pandemic has wreaked an historic havoc on global markets, and left economies around the world floundering. The tragedies that have come along with COVID-19 are…

Ocasio-Cortez Could Deal A Fatal Blow To U.S. Oil Pipelines

Jul 29, 2020 at 11:07 | Tsvetana Paraskova

The U.S. oil and gas pipelines industry has had a rough month, with court setbacks for two critical oil pipelines and a ditched plan for a new natural gas pipeline.…

How India’s Oil Major Became Bigger Than Exxon

Jul 28, 2020 at 16:52 | Alex Kimani

After decades of dominance, America’s largest energy company Exxon Mobil Corp. (NYSE: XOM), has finally ceded its position as the world’s second most valuable energy company to India’s Reliance…

OPEC Prepares For Long-Term Oil Demand Risks

Jul 28, 2020 at 13:02 | Josh Owens

Oil prices have remained range-bound for the past several weeks, with the market in limbo as another COVID wave looms.

Canada’s Oil Sands Production Poised To Grow Despite Pandemic

Jul 28, 2020 at 12:38 | Charles Kennedy

The coronavirus crisis and the collapse in oil prices will not be the death knell for Canada’s oil sands, as production will still grow through 2030 to reach 3.8 million…

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