• 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
  • 53 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days If hydrogen is the answer, you're asking the wrong question
  • 12 hours How Far Have We Really Gotten With Alternative Energy
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs

Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Energy-General

Is It Time To Buy The Tesla Bounce?

May 03, 2019 at 13:24 | Editorial Dept

I last wrote here about Tesla (TSLA) on March 1st. Back then, after the company announced cuts to sales and marketing staff, I said that investors should take that, and…

Alberta Prepares Its Oil Weapon

May 03, 2019 at 13:23 | Editorial Dept

Politics, Geopolitics & Conflict- Newly sworn in Alberta Premier Jason Kenney signed into law a bill that gives the province the option to simply close the taps on…

Momentum Slows In Oil Markets As Inventories Soar

May 03, 2019 at 13:21 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark crude oil futures are in a position to finish lower for the week. WTI is down about 2.8% and Brent is off by about…

Has The Oil Rally Reached Its Limit?

May 03, 2019 at 12:59 | Tom Kool

Despite various bullish geopolitical and fundamental factors, bearish sentiment appears to have reentered the market after a particularly long rally. (Click to enlarge)

Sliding Oil Rig Count Props Up Oil Prices

May 03, 2019 at 12:16 | Julianne Geiger

The the number of active oil and gas rigs fell slightly in the United States this week according to Baker Hughes, after two large drops in the two previous…

BP CEO: Trump Is The Wild Card In Oil Markets

May 02, 2019 at 16:20 | Tsvetana Paraskova

More than a week after the U.S. announced that it was ending all sanction waivers for Iranian oil customers, President Donald Trump’s policy toward Iran is still the key wild…

Shell Beats Estimates And Rivals In Strong Q1

May 02, 2019 at 11:57 | Tsvetana Paraskova

Royal Dutch Shell (NYSE: RDS.A), one of the last supermajors to report Q1 earnings, was the one that stood out among the crowd with better-than-expected results, as its trading…

Dem Presidential Hopeful Shames Oil Workers, Refuses Oil-Related Campaign Money

May 02, 2019 at 09:33 | Irina Slav

Beto O’Rourke, a Democratic presidential candidate, has signed a pledge to not accept any campaign donations from the oil and gas industry, and to return donations received since the start…

Saudi Arabia, UAE “Draw The Death And Collapse Of OPEC”

May 01, 2019 at 13:32 | Julianne Geiger

In among the multitude of threats that Iran has made public since the US sanctions on Iran were levied, Iran has now heralded the collapse of OPEC, if OPEC members…

The Next Leg Higher For Oil Prices

May 01, 2019 at 11:25 | Editorial Dept

This week in oil is all about last week. Which is to say, the main force pushing markets is still the digestion of Trump’s surprise move to end Iran’s waiver…

The Militarization Of Libya’s Oil Industry

May 01, 2019 at 11:24 | Editorial Dept

Haftar Could Theoretically Take Over Libya’s Oil Exports Without Tripoli As General Haftar continues his offensive designed to take control of Tripoli and oil revenues, he is using the National…

The Biggest Losers From The Iran Sanctions

May 01, 2019 at 11:23 | Editorial Dept

The 6-month waivers granted by the Trump Administration to eight jurisdictions expired this weekend and the White House has made all but clear that it intends not to prolong any…

LNG: A Growing Factor In Oil Demand Destruction

May 01, 2019 at 11:21 | Ross McCracken

The global population of plug-in electric vehicles (PHEVs) is expected to reach 8.5 million by the end of 2019, according to EV Volumes, with an addition of 3.1 million passenger…

The Moment Of Truth For Trump’s Iran Waivers

May 01, 2019 at 11:20 | Editorial Dept

Brace yourself for a post-waivers era of total Iranian sanctions – this is the key message that the Trump Administration wants to convey to the global oil and gas community.…

IMF Has Bad News For The Middle East And Oil Is To Blame

May 01, 2019 at 11:00 | Irina Slav

Heightened volatility in oil prices as well as political instability will combine to pressure economic growth in the Middle East, the International Monetary Fund warned in the latest edition…

Oil Falls On Soaring U.S. Crude Inventories

May 01, 2019 at 09:41 | Irina Slav

Crude oil traded lower today after the Energy Information Administration reported a substantial build in crude oil inventories, at 9.9 million barrels for the last week of April. The…

Contaminated Crude Adds Insult To Injury For European Refiners

Apr 30, 2019 at 13:35 | Haley Zaremba

Last week the Trump administration announced that it will not be renewing six-month waivers granted to eight countries to continue buying limited quantities of Iranian oil, a move that shocked…

Oil Prices Rebound As Saudis Reassure Markets

Apr 30, 2019 at 13:34 | Tom Kool

Investor Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to Global…

U.S. Pipeline Boom Could End In Crisis

Apr 29, 2019 at 13:58 | Irina Slav

An oil and gas building spree in the United States might have a serious boomerang effect that could hit the industry as hard as a changing fundamentals landscape hit the…

Russia Says Tainted Oil For Europe Was Deliberately Contaminated

Apr 29, 2019 at 11:53 | Tsvetana Paraskova

The tainted oil that flew through the Druzhba oil pipeline from Russia to customers in Europe was “deliberately contaminated” at a private terminal, according Russia’s oil pipeline operator Transneft.…

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