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

Breaking News:

Hess Board Recommends Merger With Chevron

Energy / Energy-General

How Much Oil Is Needed To Power Santa’s Sleigh?

Dec 16, 2015 at 17:40 | Michael McDonald

Every year around the world, hundreds of millions of children wait anxiously for Santa Claus to arrive and bring presents and good cheer. But what if…

Congress To Lift Export Ban, WTI Crawls Closer To Brent

Dec 16, 2015 at 11:37 | Matt Smith

Sixty-nine years after the birth of ABBA’s Benny Andersson, and the name of the game for the crude complex today is to navigate the tricky business…

Forget Oil Majors, Stripper Wells Offer Better Returns

Dec 15, 2015 at 15:51 | Michael McDonald

As stock markets continue to collapse with publicly traded energy producers bearing the brunt of that fall, investors should be reminded why it is important to…

Finally Some Good News For The U.S. Oil Industry?

Dec 15, 2015 at 14:06 | Evan Kelly

First of all, let’s take a quick look at some of the critical figures and data in the energy markets this week. We see the oil rig count plunging…

Oil Markets On Edge About Fed’s Decision Tomorrow

Dec 15, 2015 at 10:01 | Matt Smith

Today is national cat herder day, which seems appropriate for the crude complex, as prices are wandering all over the place. Markets remain distracted by the…

The Oil Company Where All Employees Still Get Six-Figure Bonuses

Dec 14, 2015 at 17:08 | Andy Tully

Every so often this or that magazine publishes an article rating the best communities for raising a family or a city’s best restaurants. There are even…

Government Influence Over Asset Prices Growing

Dec 14, 2015 at 16:58 | Leonard Brecken

Where most analysis on oil markets tends to fall short is on the depth of analysis vs. reading headlines and group think, the latter of which…

Is The Russian-Turkish Standoff An Opportunity For The West?

Dec 14, 2015 at 16:47 | Gregory R. Copley

It is now apparent that Russia can no longer ignore the reality that Turkey will remain the major impediment to Russia’s control over its strategic ability…

Oil Hits 11 Year Lows As Glut Worsens

Dec 14, 2015 at 10:25 | Matt Smith

Five hundred and twelve years after the birth of Nostradamus, and financial markets remain just as ever hard to predict. The crude complex, however, is somewhat…

LNG Glut Worse Than Oil

Dec 11, 2015 at 16:37 | Nick Cunningham

The glut in oil is expected to continue for the next year or so before balancing in late 2016, but the pain for liquefied natural gas (LNG) could be just…

Oil Companies See Better Investment Climate In Iran

Dec 11, 2015 at 16:20 | Gaurav Agnihotri

In a bid to increase foreign investments in its oil and gas sector, Iran has introduced a new mechanism for its future oil and gas contracts. In a conference that…

Inflated EIA Data Could Keep Oil Prices Subdued Next Year

Dec 11, 2015 at 16:00 | Leonard Brecken

It is indisputable that central bank mandates have morphed from just employment/inflation managers to all out asset class manipulators. One may argue what assets classes those are but it’s pretty…

Oil Cutbacks Coming, But More Supply in the Works

Dec 11, 2015 at 15:34 | Editorial Dept

Friday, December 11, 2015 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

How Far Will Oil Sink Before Christmas?

Dec 11, 2015 at 14:31 | Evan Kelly

From the key figures from the oil and gas industry this week, we see U.S. crude imports surge, whereas U.S. domestic production sees a slight decline. U.S. average gasoline prices…

Oil Heads Lower Over Bearish IEA Report

Dec 11, 2015 at 10:22 | Matt Smith

Thirty-four years after Muhammad Ali fought his last fight, the crude complex is on the canvas once more. Today’s knockout blow comes courtesy of the IEA’s monthly oil market report,…

EU Could Break Gazprom’s Business Model

Dec 10, 2015 at 17:01 | Dalan McEndree

This month, Gazprom Deputy Chief Executive Officer Alexander Medvedev heads to Brussels to meet with EU Competition Commissioner Margrethe Vestager as part of Gazprom’s continuing efforts…

Oil Industry Cutting Again, But It Still Might Not Be Enough

Dec 10, 2015 at 16:37 | Nick Cunningham

On December 9, Chevron announced its decision to slash capital expenditures even further for 2016, cutting spending down to $26.6 billion, or about 24 percent…

OPEC’s Newest Member That Actually Likes Low Oil Prices

Dec 10, 2015 at 16:14 | Gaurav Agnihotri

As expected, OPEC’s decision to stick to its ‘high’ production levels in its December 4th meeting in Vienna didn’t go down well with the markets as…

The Hidden Danger Of OPEC’s Market Share Strategy

Dec 10, 2015 at 13:02 | Mike Priaro

The Saudis' crude oil market gambit to increase market share by refusing to reduce production in order drive out higher-cost producers has not yet killed off competition from North America.…

Bearish OPEC Report, Stronger Dollar Send Oil Prices Down

Dec 10, 2015 at 11:13 | Matt Smith

One hundred and eighty-five years after the birth of American poet Emily Dickinson, and OPEC has been waxing lyrical today in its latest monthly oil…

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