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Refinery

Don’t Believe The Oil Bulls

Oil prices have rebounded this…

Energy / Energy-General

Oil Glut

The Oil Glut Is About To Get Even Worse

Mar 26, 2020 at 10:53 | Rystad Energy

With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid…

Russia

Russia Will Ignore Oil Markets In G-20 Video Summit

Mar 26, 2020 at 10:33 | Tsvetana Paraskova

The oil market will not be a topic of discussion at the G-20 video summit later on Thursday, the Kremlin spokesman Dmitry Peskov told reporters when asked about the agenda of…

Refinery

Don’t Believe The Oil Bulls

Mar 25, 2020 at 18:21 | Nick Cunningham

The world surplus could reach 20 million barrels per day (mb/d) in the next few weeks, threatening not only to top off storage tanks everywhere, but to crash…

Toronto

The Hottest Startup Of 2020 Is Cleaning Up Your Commute

Mar 25, 2020 at 17:18 | Joao Peixe

We’ve come a long way in a short time since ride-sharing emerged as a mainstream offering. Now, there’s even an app that lets consumers participate in one of the biggest…

Stimulus Oil Markets

Not Even The $2 Trillion Stimulus Package Can Save Oil Markets

Mar 25, 2020 at 14:54 | Haley Zaremba

A stimulus agreement has finally been reached. The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels…

Fossil Fuels

The Complete History Of Fossil Fuels

Mar 25, 2020 at 14:33 | Tom Kool

Fossil fuels are the primary source of energy in the world today. But people started using fossil fuels long before the first steam engine running on coal or…

Russia

Russia’s Unexpected Advantage In The Oil Price War

Mar 25, 2020 at 13:42 | Tsvetana Paraskova

While the ruble is now at its lowest level against the dollar in four years, the cheaper ruble has a silver lining for Russia’s oil producers in the…

Saudi Arabia

Oil Climbs As U.S. Pushes For An End To The Price War

Mar 25, 2020 at 13:23 | Tom Kool

Oil prices continued to rise for the third day in a row, recovering earlier losses as U.S. lawmakers pressure Saudi Arabia to end the oil war.The ongoing oil…

Powering

The Impossible Challenge Of Powering An Ever-Growing Population

Mar 25, 2020 at 13:00 | Yale Global

In the period 1975 to 2019, world population increased at an average pace of 83 million per year. The 2019 increase was the difference between approximately 140 million…

Oil tanks

Oil Price Slide Accelerates On Crude Inventory Build

Mar 25, 2020 at 09:59 | Irina Slav

As the oil industry continues to struggle with oil price shocks, the U.S. Energy Information Administration reported a crude oil inventory build of 1.6 million barrels for the week to March…


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